Prominence
Jefferson Apartment Group Sells $43M Orlando Community
Avison Young represented the buyer, Palm Heights LLC, in its purchase of Azul Baldwin Park, a 178-unit property located in the Colonial Town submarket.
Income Averaging to Pave the Way for More Affordable Housing
Mixed-income averaging is cited by affordable housing executives as a way to increase affordable housing development in 2019, according to a Capital One survey.
Executive Spotlight: Hessam Nadji, Marcus & Millichap
The president & CEO of one of the industry’s largest investment brokerage companies says a conservative upcycle and new sources of demand mean commercial real estate has lowered its typical cyclical risks and has room for growth.
Berkadia Completes $31M Sale of SoCal Property
The Enclave at Town Square is situated halfway between freeways 60 and 90, offering easy access to major employers in the Inland Empire and downtown Chino.
CBRE Arranges $73M Sale of Denver-Area Luxury Community
The Meadows is a garden-style rental property consisting of 24 two-story buildings spread across 14 acres in Castle Rock.
Public Housing Authorities Find Power in Solar
Municipal owners are taking advantage of this viable source of sustainability, jobs, savings and revenue.
Knoxville Finds a Second Wind
With rents bouncing back to a 4.1 percent year-over-year growth rate as of August, the metro’s multifamily market is in the midst of a resurgence.
Collaborating on Crisis Management
Panelists at NMHC’s 2018 OpTech Conference & Exposition in Orlando discussed the best ways to build a strategy for dealing with different levels of crisis at a community.
Vacasa Eyes Urban Short-Term Rental Market
The Portland, Ore.-based vacation rental management company is expanding into the multifamily market, seeking to fill the demand for urban short-term rentals and provide stable revenue for apartment property managers.
Airbnb Sues Boston Over Short-Term Rental Ordinance
The city’s regulations are seen as an effort to maintain housing affordability, but the apartment-sharing giant fights back.