Prominence
Freddie Mac: Cities Rapidly Losing Affordable Housing
The multifamily financing arm of the government-sponsored enterprise reported a substantial decline in affordable housing units over a seven-year period.
Q&A: How Venn Is Reinventing Neighborhoods
Or Bokobza, co-founder & CEO of the Israeli proptech startup, talks about the firm’s business model after scoring $40 million in funding from backers including the New York State Common Retirement Fund.
Manhattan Multifamily Report – Summer 2019
Manhattan’s multifamily market is powering through, bracing for sustained development amid regulatory uncertainties and already deep affordability issues.
Philly’s Tallest Residential Tower Lands $295M Loan
Southern Land Co. is building the 48-story project, which will offer a combination of luxury rental units and condominiums, along Rittenhouse Square.
California’s Apartment Industry Eyes Wildfire Recovery Plan
As wildfire season approaches, state legislators are considering a comprehensive package, including a fund that would help keep utilities financially stable after major fires.
Online Reviews Still Play Major Role for Renters
The vast majority of American renters look at a property’s online ratings even after a recommendation, according to a survey by reputation management company Binary Fountain.
Charlotte Multifamily Report – Summer 2019
Despite a strong wave of deliveries over the past five years, the metro’s rents increased by 3.4 percent year-over-year, well above the national average.
Atlanta Multifamily Report – Summer 2019
The metro’s quality of life, relative affordability and strong potential for rent growth continue to support the multifamily pipeline.
CBRE Pays $102M for Nashville Community
The firm selected Greystar to oversee operations at the 367-unit Class A multifamily asset in The Gulch. The property opened its doors in 2018.
Real Estate Gives Back: Stephen Rosenberg Shares Half
While building his multi-billion housing finance firm, Greystone’s CEO has been donating a minimum of 50 percent of the company’s profits.