680 Saint Nicholas Avenue

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    Multifamily professionals can reap the financial benefits of mastering a complex, endlessly evolving business. At the same time, the business is in a unique position to strengthen the fragile fabric of our communities.

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    The company acquired the 368-unit property on behalf of Boston Capital Income & Value U.S. Apartment Fund. The cost of purchase, including improvements, reached $60 million.

    07 September 2017 18:31
  • On the Market: 5 Interesting Listings for the Week of 6/26

    This week's listings include two historic properties in New York: a 1920s-era community on Long Island and a Brooklyn walk-up built in 1910.

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    For its first acquisition in Palm Beach County, the privately held New York-based real estate firm chose Loftin Place, a Class A, mid-rise community completed in late 2015.

    24 July 2017 13:47
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    Winslow Asset Management purchased the 164-unit community, which is located in Beaumonth, Texas.

    29 September 2017 17:07
  • Resident Attraction

    Multifamily occupancy stood at 95.5 percent at the end of June, according to Yardi Matrix data, with rents continuing to climb, though at a reduced rate from the headier years of the post-recession recovery.

    08 September 2017 10:49
  • 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.

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    The sponsors obtained two loans to refinance the 888-unit, three-property portfolio. The proceeds will pay for energy- and water-saving improvements.

    14 November 2017 16:11
  • Employment Picture

    For unemployment, the most significant decrease was in the Farming, Fishing and Forestry occupations with 28.3 percent. The overall unemployment rate dropped 8.9 percent year-over-year.

    19 June 2017 19:07
  • SF Bay Community Changes Hands

    HFF brokered the sale of Atlantic Apartments, a 186-unit value-add, garden-style community in Alameda, Calif., on behalf of the buyer.

    13 November 2017 15:35