Prominence
Jersey City High-Rise Receives $258M in Financing
A partnership of Kushner Real Estate Group and National Real Estate Advisors closed on the financing for the construction of Tower Two at Journal Squared.
Top 10 Multifamily Completions in the Midwest in 2018
With more than 35,000 new units, multifamily development in the Midwest closed a very active 2018, on par with national trends.
Finding Value in Philadelphia’s Multifamily Market
Dalzell Capital Partners’ founder & managing partner shares his knowledge about Philadelphia’s multifamily business climate and what to expect in a late-cycle economy.
$500M Fund Targets Bay Area Affordable Housing Shortage
A consortium of leading Bay Area philanthropy, business and community advocates—including the organization co-founded by Facebook’s CEO—is launching one of the largest housing investment funds in the U.S.
TruAmerica Expands in Georgia
The company teamed with Tokyu Land US Corp. to acquire two Atlanta communities in separate transactions totaling $127.35 million.
Enterprise Community Partners Launches National Health Housing Initiative
The Maryland-based nonprofit plans to invest $250 million across the U.S. over five years as part of its Health Begins with Home program.
California Emergency Laws Stir Worries About Rent Limits
California laws that make it illegal for businesses to raise prices sharply in the wake of an emergency are creating concerns that enforcement might produce a de facto statewide rent control on apartments.
Sacramento’s Rent Growth Still Strong, Not Dazzling
The trend is sustained by an ongoing influx of new residents from pricier Bay Area markets and a limited multifamily supply.
MZ Capital Acquires TN Luxury Asset
The Northbrook, Ill.-based firm will upgrade and reposition the 130-unit apartment and townhome community in suburban Knoxville to meet the growing demand for luxury rentals.
Matrix Multifamily Miami Report – Winter 2019
The metro’s multifamily deliveries reached a cycle peak in 2018, boosted by population and employment gains, while investors mostly targeted Fort Lauderdale assets.