Prominence
Oil Prices, Supply Still Influence Market in Houston
The city’s apartment market continues to struggle as oil prices remain below $50 a barrel with little prospect that they will rise soon.
Edwards Cos. to Develop FL Mixed-Use Property
The $250 million Atlantic Crossing, representing the largest private investment in Delray Beach’s history, will include 343 units and 76,000 square feet of ground-floor retail and restaurant space.
Tourism’s Power a Draw in Orlando
The city’s multifamily market is thriving due to healthy tourism, above-trend population gains and a rapidly growing economy.
Cushman & Wakefield Shepherds 182-Unit GA Sale
JEM Holdings acquired the $15 million Woodhill community in Augusta from Intermark Management and King Management. C&W’s Southeast Multifamily Advisory Group, arranged the transaction.
Rising Demand Pushes Rents Higher in Las Vegas
Las Vegas’ recovery features above-average job and population growth. That has produced a modest but steady improvement in housing demand, as the market aims for long-term stability.
HOK-Designed ARTerra Tower Underway in MO
The community, developed by Altus Properties and Copaken Brooks, features design elements intended to make the building instantly recognizable in Kansas City and beyond.
Passco Invests $102M in Key West
The company purchased the 297-unit Ocean Walk Apartments from a joint venture of Mast Capital and Rockpoint Group. ARA Newmark represented both the buyer and seller.
Waterton Secures DC-Area Luxury Community
Built in 1992, the 404-unit Citizen at Shirlington Village will undergo renovations to its unit interiors and common areas.
For Residents, Does Location Really Matter?
Does the old saying “Location, location, location” really matter to today’s renters? MHN and Kingsley Associates paired up to find out what residents think about their apartment’s neighborhood.
What’s Trending Up (and Down) in Apartment Marketing
Surprising finds from Multifamily Insider’s recently released 2017 Apartment Market Strategies Report, including the use of Craigslist ads.