Prominence

Multifamily Assets Scooped Up in Inglewood

Universe Holdings purchased two multifamily communities in Inglewood, Calif., which is undergoing a major transformation as it plans to welcome back the Rams with a new NFL stadium.

JLL Closes Sale of Owings Park in Suburban Baltimore

Friedkin Realty Group purchased the property for $34.13 million.

What Renters Want with Jessica Fiur: New Facebook Emojis and Getting Resident Feedback

Facebook improved its “like” button, giving people more options to show their feelings. Is it time for multifamily to do the same?

StoneRiver Acquires Mississippi Multifamily for $14M

The 280-unit acquisition is StoneRiver’s first foray into Mississippi.

North Andover Housing Benefits from MassHousing Financing

Long-term affordability has been extended to the 230-unit community thanks to $58.5 million in financing.

A Look at Long Island City’s Robust Condo Market

According to a recent study by HPDM, the average price per square foot for closed condo deals in Long Island City, N.Y., has risen steadily each of the past five years.

Why Millennials Want Shorter Leases

The supply/demand imbalance and sky-high rents have led to an emerging trend in the apartment industry.

Luxury Development Coming Soon to San Diego’s Waterfront

The luxury building will consist of 215 two- and three-bedroom residences ranging in size from 1,240 to 2,608 square feet.

California Multifamily Fundamentals Continue to be Strong: Allen Matkins-ULCA

The survey finds that people are optimistic about multifamily development in California.

Construction Cost Increases Ease Off a Bit in January

Costs have risen more and the squeeze is now on for labor.