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Economy Watch: Multifamily Construction Spending Nears Pre-Recession High

Construction spending in 2017 was just 2.6 percent short of the pre-recession peak in 2006, Apartment List reported. Single-family residential construction hasn't recovered to the same extent.

National

Economy Watch: Amazon HQ2 to Drive Up Rents in Winner’s Market

Some markets will benefit more than others, but every location under consideration would be able to offer a rate hike—some as much as 2 percent.

National

Economy Watch: Apartment Market Fundamentals Beginning to Shift

The U.S. homeownership rate appears to have stopped falling after more than a decade of declines, according to a recent Apartment List Rentonomics report, which is likely to have implications for multifamily rental properties.

National

Facebook Marketplace Gets Into Real Estate

Marketplace continues to be a big focus for Facebook, which intends on turning its social network into a portal for everything, from checking the weather and buying movie tickets to now listing your apartment or home.
National 11 December 2017 20:06
Economy Watch: HQ2 Could Raise Rents in Some Apartment Markets

Smaller metros with lower wage growth or constrained housing stocks could see rents rise the most from the Amazon HQ2, notes a new Apartment List report.
National 20 October 2017 13:55
Economy Watch: Apartment Supply Not Keeping Up with Demand in Most Markets

Out of the nation's 50 largest metros, only 10 have enough new housing supply to keep pace with job growth, according to a new report from Apartment List, indicating that a lack of new construction is contributing to the affordability crisis in many parts of the country.
National 28 July 2017 13:04

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Waterford Residential bought the property located in Newport Beach, Calif., from a private investor.
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Top 10 Atlanta Submarkets by Sales Volume

Transactions closed in 2017 across these 10 submarkets alone exceeded $2.2 billion, pointing to another very strong year for multifamily investment in the metro.
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Capital One Closes $17M Student Housing Refi

The 341-bed International Village serves students at the University of California Riverside and has an occupancy rate of 93 percent.
02 November 2017 10:12
CapStack Increases Nashville Footprint

The firm teamed up with MACC Venture Partners to acquire three garden apartment communities totaling nearly 500 units across the city.
18 January 2018 19:01
MIG Real Estate Buys Phoenix Community for $22M

Western Wealth Capital's investors obtained an annualized return of more than 30 percent for the 216-unit Trails at Harris. The transaction represents the Canadian company's 11th successful divestment to date.
07 February 2018 17:36