Prominence
Pollack Shores Launches Opportunity Zone Initiative
The multifamily developer and investment firm already has two projects underway in Atlanta and Charleston, S.C., with several more on the way across the Sun Belt.
Atlanta Multifamily Report – Winter 2019
Solid population growth and a strong economy continued to boost Atlanta’s rental market, with the city ranking third for rent growth among major U.S. metros last year.
TGM Acquires Fort Lauderdale Community
Renamed TGM Harbor Beach, the community offers access to amenities such as a bark park and game room. This purchase is the firm’s eighth investment in Florida.
Fannie Mae Report Predicts Economic Slowdown
The GSE estimates 2.2 percent GDP growth in 2019—a 90 basis-point year-over-year decline largely attributed to the fading impact of the 2017 tax cuts—as well as decelerating business investment and consumer spending.
UK-Based Co-Living Operator Expands NYC Footprint
The Collective made its third investment in the city by acquiring the Paper Factory Hotel in Queens, which will be converted into a short-stay co-living facility.
Queens Multifamily Report – Winter 2019
Continuing to benefit from Manhattan’s spillover effect and steady job gains, the borough’s rental market ended 2018 on a positive note.
Morgan Properties Acquires 4,130-Unit Portfolio
Metro Philadelphia’s largest-ever multifamily deal, the acquisition makes Morgan the largest owner-operator in the market.
Denver Multifamily Report – Winter 2019
Although deliveries hit a cycle peak, the metro’s rapidly expanding economy and steady demographic expansion continue to boost a sturdy rental market.
Brickell Flatiron Tower Tops Off in Miami
The 64-story luxury project is billed as the tallest condominium development south of New York City and caps a quarter-century building boom that has transformed the city’s urban core.
Tishman Speyer, Common Team Up on Housing Brand for Families
Scheduled for a May launch at a community in Long Island City, N.Y., the new concept will use technology to offer services and resources for parents, as well as family-friendly designs and amenities.