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    Tailored to multifamily communities, IOTAS is an automated system that controls everything from the temperature in a resident's unit to security in common areas.

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    Rockpoint Group, in a joint venture with Strategic Housing Partners, has acquired 500 units in Torrance, Calif., with plans to upgrade the apartments.

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    The $33 million garden-style community will encompass 282 apartments and various amenities, including a resort-style pool and demonstration kitchen.

    30 May 2017 16:01
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    NMHC executives outline the most notable developments happening in student housing now, based on takeaways from the recent NMHC Student Housing Conference & Exposition.

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    Conifer Creek last traded in 2013, when Grand Peaks Properties sold it for $54.4 million. The community was 96.9 percent occupied as of May.

    14 July 2017 11:06
  • Top 4 Multifamily Marketing Trends

    At NMHC’s OPTECH Conference & Exposition in Las Vegas, executives discussed the current trends in the industry and what property managers should be utilizing to obtain and retain residents.

    27 October 2017 13:57
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    WalletHub determined the top markets based on their prospects for long-term growth, equity and profit for investors. The firm also compared the health of each market's real estate sector, including affordability and the economic environment.

    29 August 2017 13:27
  • Marcus & Millichap Sells $23M Senior Community in Sandy, UT

    Located between Salt Lake City and Provo, Rosegate Sandy broke ground in 2013. The 159-unit asset is located in a submarket that has seen more than seven percent population growth since 2010.

    26 October 2017 14:38
  • Investment

    In the second quarter of 2017, the price per square foot for multifamily properties averaged $179,000, with Mid- and High-Rise Apartment properties at $280,000 and Garden Apartments at $118,000.

    30 August 2017 14:23
  • PB Bell, Gilbane Start Work on Phoenix Project

    The joint venture broke ground on resort-style apartments in the Ocotillo master-planned community in Chandler, Ariz. Arista at Ocotillo will feature 211 units and reflects the Santa Barbara style of design.

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