Andrew Weddle

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  • 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
  • LA Investor Snags $107M Suburban Denver Portfolio

    Gelt's acquisition includes two assets in Lakewood: the 408-unit Ascend at Red Rocks and the 172-unit Elevate at Red Rocks.

    10 July 2017 08:43
  • Top 10 Markets With the Largest Recent Rent Growth

    A look at the cities with the highest percentage of rent growth over the past five years, along with their struggles and successes.

    03 October 2017 15:52
  • WTC Secures $70M for Suburban Chicago Property

    The company obtained construction and permanent financing for the 301-unit residential component of Wheeling Town Center, a mixed-use development.

    28 June 2017 08:28
  • Sagora Senior Living Breaks Ground on First CA Community

    The 14-acre campus will feature independent living, assisted living and memory care apartments. The Rocklin, Calif., asset will be the company’s 29th retirement community.

    18 September 2017 14:47
  • Premium Pricing: It’s a Buyer’s Market. How Long Will It Last?

    Increasingly ferocious storms. Deadly high-rise fires in London and Hawaii. Residents’ inclination to leave ranges and running bathtubs unattended. It’s enough to ruin the sleep of multifamily owners and managers. But insurance experts say they shouldn’t fret, at least not until something unforeseen comes along.

    11 September 2017 13:59
  • Rent Growth

    Rents were up 2.4% nationwide, a 20-basis-point decline from July. Although overall gains have slowed during the summer months, August kept alive a streak during which rents have increased every month this year.

    30 September 2017 13:55
  • Market Remains Healthy Despite Slight Dip in Rents

    July posted a 2.6 percent year-over-year increase, even after a slight decline from June, according to Yardi Matrix. So far this year, rents are up 2.7 percent compared to 2016.

    02 August 2017 15:24
  • CBRE Closes $40M Sale of Phoenix-Area Community

    The company represented Baron Properties in the sale of the 240-unit community. The buyer partnership was represented by Mike Dow of Impact Multifamily Advisor.

    03 July 2017 13:47
  • Preiss Continues Its Student Housing Acquisitions

    The company acquired two properties with a total of 780 units and plans to renovate common areas, as well as unit interiors and exteriors.

    09 June 2017 16:16