Prominence
Population Growth Sustains Demand in Nashville
The city is slowly diversifying its economy, venturing from reliance on the entertainment industry. In response to the growing demand, developers are ramping up construction, with more than 13,000 units underway as of July.
Read the October Digital Issue of MHN
This month focuses on Energy, including a look at programs that offer incentives in multifamily communities that could yield $3.4 billion in annual savings. Also featured is an in-depth interview with Eric Margules, founder & CEO of Margules Properties, who took his company from a one-man operation to a real estate firm with $300 million in assets.
In Case You Missed It: MHN’s Top 5 Posts in September
Miss out on any of our articles or videos? Catch up with five of our most popular posts for the month, including information about Hurricane Harvey’s multifamily impact.
KTGY Designs LA Container-Based Homeless Housing
Aedis Real Estate Group’s Hope on Alvarado is the first in a series of area developments using shipping containers as a primary building material. The community will provide support services for people transitioning from homelessness.
Castle Lanterra Expands Denver Portfolio
The 44-year-old Mountain Vista Apartments marks the company’s second acquisition in the market. Eighty-five percent of the 257 units have been updated.
Phoenix: Maintaining Momentum in the Desert
The metro is outpacing the country in job creation and population growth, drawing multifamily developers and investors looking for opportunities in second-tier markets.
Raleigh: Solid Fundamentals Round Triangle’s Edges
Population gains and steady rent growth are luring multifamily investors and developers to the Research Triangle. Demand is outstripping supply, but with more than 5,000 units scheduled for completion by year-end, that trend is likely to moderate.
Melo Group Tops Off Miami Community
Square Station includes 710 units and 15,000 square feet of commercial space for ground-floor retail and restaurant tenants.
Strong Demand Augments Twin Cities Occupancy
The metro’s healthy economic growth, low unemployment rate and strong multifamily fundamentals continue to attract investors and developers to the region.
Top 10 Manhattan Apartment Owners
Although rent increases in New York City have slowed down, demand continues to be high and investors still consider the borough a red-hot market. MHN has compiled a list of Manhattan’s top owners based on data from Yardi Matrix.