Prominence
HFH Acquires $51M CA Property
Stepp Commercial represented both sides in the sale of Patio Gardens, a 127-unit community in Long Beach that will undergo an extensive renovation.
Kansas City Grows From the Core
Young professionals continue to fuel multifamily development in the area, with rent growth registering a slight rebound in the first part of 2018.
Deliveries Slated for Cycle Peak in San Diego
Strong demand and a relatively slow pipeline keep the city as one of the country’s most stable multifamily markets.
Time to Step Up the Value-Add Game
Robert Cohen of Hudson Capital Properties touches on the challenges and opportunities in the multifamily sector. He also highlights why consolidation is the company’s key short-term goal.
A Lender’s View: South Florida Development Going Strong
Although creditors are starting to grow cautious due to the current real estate cycle, developers in the Sunshine State continue to secure construction financing in a market showing no signs of a slowdown.
Raleigh Walks With Confidence
The area’s healthy multifamily market is underpinned by strong population and job growth, a solid development pipeline and an attractive business climate.
MBK Senior Living Acquires $382M Portfolio
The properties, which recently underwent $25 million in capital improvements, include nine senior housing communities across California, Washington and Arizona, totaling 1,200 units.
New Supply Softens Rent Growth in Charlotte
Despite decelerating rents, investors remain focused on the metro’s multifamily market, which is set to expand by 5,800 new units this year.
Creating Legacy Landmarks: Renderings vs. Reality
Location, timing and the team—these are the key ingredients that JDS Development Group considers when deciding to take on a new project. Founder & Managing Partner Michael Stern discusses the company’s main projects and strategy.
How Bellwether Closed a Record Section 538 Deal
The Enterprise Community Investment subsidiary facilitated a $19.6 million loan for a mixed-income community in Royse City, Texas. The team that arranged the financing touches on the difficulties along the way and the affordable housing crisis in the state’s rural areas.