Prominence
San Jose Community Lands $330M Loan
Z&L Properties Inc. is developing a two-tower, 640-unit luxury condo project in the downtown area.
Rent Regulations Leading to Less Investment: Report
A survey commissioned by NMHC finds that multifamily investors and developers are pulling back in the face of rent control laws.
Grandbridge Closes $567M Portfolio Refinancing
The 11 multifamily assets—owned by Olen Properties Corp. and located in Florida, Georgia and Nevada—were recapitalized using GSE green financing loans.
Charlotte Multifamily Report – Fall 2019
Backed by population and employment growth, rental demand and the development pipeline both continue to be robust.
Facebook Commits $1B to Affordable Housing in California
The move comes on the heels of Microsoft and Google pledging big bucks to affordable housing solutions in recent months.
5 Markets With the Greatest Occupancy Loss
These metros saw their occupancy rates decrease by as much as 120 basis points year-over-year through August.
Brooklyn Multifamily Report – Fall 2019
The market’s multifamily sector continues to perform well, with rent growth still strong despite last year’s development peak.
Pacific Urban Expands in Northeast With $98M Buy
The California-based apartment investment company acquired a 217-unit property next located in Morristown, N.J.
JV Breaks Ground on Jersey City Tower
The 38-story high-rise marks the latest project in the city for KRE Group, which is building several other properties in the downtown area.
UC Irvine Opens Latest Green Student Housing
The news comes a month after the university opened a new addition to its “Middle Earth” community.