Prominence
The June Digital Issue of MHN is Now Available!
Now you can get trend and strategy insights two different ways: Leaf through the Multi-Housing News digital digest for a quick read, or click on individual articles for an in-depth look at each of the topics that most interest you.
Executive Spotlight: Taylor Snoddy, Transwestern’s Top Producer in 2017
The youngest member of Transwestern’s national board of directors discusses his debut in the industry, his toughest challenges so far and his multifamily market predictions.
Baltimore’s Downtown Revival Rolls On
Multifamily transaction volume in 2017 nearly matched 2016’s tally, which was the peak for the current cycle. This year, absorption is expected to keep pace with a spate of new supply, leading to modest rent growth.
Top 10 Twin Cities Multifamily Transactions
The market’s strength has attracted a number of out-of-state investors such as TIAA, FPA Multifamily and Mapletree US Management that paid significant prices for top communities in the area.
Philadelphia’s 10 Largest Communities Under Development
From Center City to the suburbs, developers find rising demand for live-work-play environments. Luxury high-rises, student housing and creative redevelopments lead the list.
Supply Surge Moderates Rent Growth in DC
The metro’s multifamily demand remains strong in the context of a high barrier to homeownership, while a steady influx of high-paying jobs continues to lure residents to the area.
American Landmark Extends Southeast Reach
Continuing its expansion in the region, the company secured a four-property portfolio of communities in Florida, Georgia and South Carolina.
Construction Surge Tempers Rent Growth in Boston
Bolstered by population and employment gains, multifamily demand continues to rise across the metro, spurring developer optimism and attracting new investors.
Campus Advantage Acquires 6 Student Housing Properties
The developments, located in Alabama, Illinois, Oregon, Tennessee and Washington, add 714 units and 1,910 beds to the company’s portfolio.
Increased Demand Pushes Up Rents in Las Vegas
The city’s multifamily recovery is a safe bet, given that it ranks among the top 10 metros for population growth.