Bill Matone

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  • Portland on the Park Welcomes First Residents in Phoenix

    Habitat Metro and Sunbelt Holdings developed the project, which is already 72 percent sold. The property is the second and final phase of the Portland Place mixed-use development.

    04 May 2017 12:07
  • Lightstone Launching Amenity-Loaded Queens Community

    Located in Long Island City, ARC will feature 428 units and more than 50,000 square feet of indoor and outdoor amenities, including a salt-water pool, private and collaborative workspaces and a lifestyle director.

    14 July 2017 14:55
  • Avanath Doubles Sacramento Footprint

    In a $56.5 million deal, the company has acquired an affordable housing portfolio totaling 468 units in one of the nation’s hottest markets. The properties cater to seniors, families and mixed-income renters.

    15 June 2017 10:05
  • Economy Watch: Multifamily Markets Softening

    All four indexes of the NMHC's quarterly survey were below the breakeven level of 50, indicating that U.S. apartment market conditions are softening despite continued strong demand. New supply is finally catching up, and there seems to be more caution among buyers and lenders, noted NMHC Chief Economist Mark Obrinsky.

    21 April 2017 13:56
  • Balfour Beatty to Develop Student Housing Project in Texas

    Texas Woman’s University’s project will house up to 875 students and will feature approximately 30,000 square feet of dining space, beside classrooms, fitness center, exploratory learning and recreation space.

    17 August 2017 15:22
  • Baltimore Affordable Community Reopens After $27M Rehab

    Enterprise Homes, HUD and other stakeholders teamed up on an extensive makeover of The Allendale, a 164-unit West Baltimore property serving seniors and disabled adults.

    10 May 2017 14:13
  • The Senior Housing Boom’s Ripple Effect

    Assisted living occupancy fell to its lowest in eight years, despite record absorption, according to NIC’s 2017 second quarter report. San Jose had the highest occupancy, while Detroit recorded the biggest rent growth.

    15 August 2017 19:31
  • Rents Moderate in the San Francisco Bay

    Rates have reached a point where even highly paid workers can’t afford the premium prices, despite the metro’s consistent job expansion, robust resident demand and high home prices.

    01 August 2017 15:00
  • Priderock Makes Record Buy in Phoenix

    The company purchased the 832-unit Heritage at Deer Valley for $125.5 million, the highest price ever paid in Phoenix for a single community.

    04 October 2017 15:38
  • Dallas Community Lands $14M Refi

    The 12-year term Fannie Mae loan originated by Dougherty Mortgage LLC and Old Capital Lending has a 30-year amortization schedule. The 27-building community features studios, one- and two-bedroom apartments.

    21 June 2017 12:17