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    Washington, D.C.’s multifamily market is experiencing strong fundamentals, including robust employment, healthy population gains and record-breaking rental rates, per-unit prices and median home values.

    03 May 2017 08:32
  • Marcus & Millichap Arranges Luxury Condo Sale in Chicago-Area

    The community comprises six buildings, each of them made up of 12 two-bedroom, two-bathroom units. Firethorne Luxury Apartments changed hands for $8.3 million, in which the buyer and seller were both represented by investment specialists at Marcus & Millichap.

    22 May 2017 20:33
  • Radnor Starts Work on Philadelphia Apartments

    The Hamilton, located on the Community College of Philadelphia's campus, includes two buildings and 500 apartments. The building follows the recent housing trend for students, which features smaller units and maximized amenity spaces.

    15 September 2017 14:35
  • Fort Worth Luxury Development Lands Construction Loan

    Talos Holdings plans to break ground this month on a new 300-unit luxury community in Fort Worth, Texas. The development is scheduled for completion by the end of 2018.

    07 August 2017 15:16
  • Waiting for Wage Growth

    Employment figures for June show 361,000 more workers were in the labor force than in May. However, consistently mediocre wage growth in the 2- to 3-percent range could impact the multifamily industry if it persists.

    18 July 2017 18:31
  • Oakwood to Manage Columbus Mixed-Use Project

    The local property management company will manage River & Rich, a 230-unit project currently underway downtown Columbus, Ohio. The community is set to open during summer 2018.

    28 April 2017 09:29
  • Midtown Detroit Gets New Mixed-Income Community

    Nonprofits Develop Detroit and Preservation of Affordable Housing partnered for the $32 million development that will also include retail space. Project design will be led by Phil Freelon, design director at Perkins+Will.

    26 June 2017 16:59
  • Robbins Electra Snags Atlanta-Area Portfolio

    The 920-unit, three-property portfolio includes Marbella Place in Stockbridge, The Parke at Oakley in Fairburn and Belle Vista in Lithonia.

    11 April 2017 14:34
  • Fort Worth Community Changes Hands

    Madera Residential sold Valencia, a 263-unit community, to a Dallas-based investment firm. Marcus & Millichap represented the seller and secured the buyer.

    27 July 2017 15:16
  • ROSS Promotes Billy Edwards to CFO

    In his new role, Edwards will oversee the company’s accounting, finance, reporting and tax compliance functions, maximizing returns on investment and management assignments.

    04 May 2017 13:39