Prominence
Senior Housing Industry Tells Investors: Don’t Panic
While senior housing REITs are getting pummeled as investors pull back, fundamentals remain strong and operators are prepared for the crisis.
HUD Urging Public Housing Authorities to Halt Evictions
The federal agency is seeking congressional authority to prohibit evictions in public housing nationwide.
Those Empty Dorms? They Could Soon Be Hospitals
Officials are scrambling to find alternative medical facilities for patients, as coronavirus cases surge.
What Property Managers Should Be Doing Right Now
Managers of multifamily properties face an unprecedented event in the coronavirus pandemic. Here’s what to do next.
New Fed Rate Cut Adds Balance to Mixed Outlook
With the central bank lowering its benchmark close to zero, multifamily enters a new late-cycle chapter.
Eviction Bans Enacted as Virus Spreads
Several members of an influential New York City industry group pledged to halt all evictions for 90 days, as other cities weigh similar measures.
Chestnut Hill Realty Lands $211M for Boston-Area Community
The loan will be used to refinance its 789-unit townhome community just west of downtown.
Multifamily Sector Takes Aim at Cyber Risks
Owners and managers of apartment communities are learning to shore up their defenses against hackers and other threats.
Equity Residential Sells Bay Area Property for $248M
The sale comes a week after the company sold another community in the area for $91 million.
Top 5 Markets for Multifamily Deliveries in 2019
The markets on this list accounted for almost a quarter of the number of units completed last year.