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  • Economy Watch: Fed Sure of Economy, Raises Rates, Promises Asset Sell-Off

    The Federal Reserve unanimously decided to raise rates for the second time in 2017, signaling its belief that the U.S. economy is strong enough to handle more expensive financing.

    15 June 2017 14:55
  • LA Koreatown Community Trades for $9M

    Lion Real Estate Group sold Kingsley Tower, a 45-unit apartment building it acquired in 2012 for $4.2 million and then repositioned.

    03 July 2017 16:00
  • Grand Peaks Secures $61M Miami Development

    Soleste Club Prado, a 196-unit community in West Miami, includes a hotel-inspired pool, sundeck and private cabanas, and is already 95 percent leased.

    12 June 2017 14:02
  • Mid-Year Forecast: Despite Difficulty, Deals Are Possible

    Land sourcing, rising construction costs and shifts in the financing sector are all key considerations that today’s investors must overcome to be successful. However, it can be done, according to Century West Partners’ Kevin Farrell.

    02 June 2017 08:49
  • Balfour Beatty Snags Suburban Atlanta Assets

    The Evergreen portfolio consists of three gated communities that will undergo a series of capital improvements, including exterior and interior upgrades.

    23 June 2017 13:03
  • Bridge Housing Bridges Gap With Bay Area Affordable Community

    The company celebrated the completion of the first phase of a mixed-use affordable development and the ground-breaking of the second phase, which will bring 85 adjacent units for low-income seniors.

    17 May 2017 16:49
  • Optima Tops Out on Scottsdale Luxury Condo Tower

    Move-ins for first residents at 7120 Optima Kierland are scheduled for early 2018, while all residences are expected to be completed in August 2018.

    29 May 2017 13:17
  • Charlotte Teems With Demand Drivers

    Employment growth made the city an attractive target for new and expanding businesses, while supporting long-term multifamily demand. Following last year’s cycle high in deliveries, some 6,800 units are slated for completion in 2017.

    10 October 2017 05:00
  • Rent Growth

    Rents were up 2.0% nationwide in April, down 50 basis points from March and well below the 5.5% growth rate of a year ago. The 2.0% year-over-year increase is the lowest it’s been since April 2011, when rents were up only 1.5%.

    22 May 2017 19:19
  • Phase 2 of Brooklyn Affordable Project on Track

    A joint venture of The Hudson Cos. and BEC New Communities has closed on the financing and acquisition of BEC Continuum Resyndication, which includes 550 units across 43 properties.

    06 July 2017 16:05