Prominence
Multifamily Groups Press for Shutdown Solution
NMHC, the Council of Large Public Housing Authorities and other organizations lobby for an end to the crisis, citing the impact on areas like rental assistance programs and affordable housing projects.
Seattle Tower Project Secures $185M
Square Mile Capital originated the loan for the 352-unit development on behalf of a joint venture between Laconia Development and Vanke Holdings USA.
Freddie Mac’s Top Multifamily Lenders of 2018
The mortgage giant names the lenders which transacted the most multifamily financing volume with the government-sponsored company last year.
Matrix Multifamily San Francisco Report – Winter 2019
A lull in the metro’s multifamily construction activity has boosted rents 3.9 percent year-over-year through October to $2,662, nearly double the national figure.
Starlight Acquires Suburban Denver Property
In the last few months, the Toronto-based investor has added some $270 million of Class A multifamily properties in the U.S., most recently Broadstone Montane in the Denver suburb of Parker, Colo.
Indianapolis’ Demand Keeps Up With Supply
Multifamily demand is strong in the metro, where favorable employment and demographic trends are putting upward pressure on occupancy and giving property owners leverage to raise rents.
Microsoft Commits $500M to Affordable Housing in Seattle
The software giant proposes a combination of loans and grants to help expand the Puget Sound region’s inventory of affordable housing.
JV to Invest $300M in US Co-living Expansion
Medici Living Group and W5 Group will grow the QUARTERS brand by developing 1,300 units over the next three years.
Columbus Maintains Stable Rent Growth
Although employment growth moderated in 2018 while multifamily development kept a steady pace, the Columbus rental market remains one of the Midwest’s top performers.
Senior Housing Demand Matched by Supply
While the increase over the third quarter of 2018 was small, it marked the first time in three years that demand and supply matched, according to the National Investment Center for Seniors Housing & Care.