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  • Suburban Philly Property Trades for $34M

    The apartment community was part of the Rental Assistance Demonstration program and received a 20-year subsidy contract. The previous owner improved multiple aspects of the 1950 buildings.

    20 October 2017 14:03
  • Economy Watch: State Unemployment Rates Mostly Flat in June

    Thirty-eight states and D.C. had stable unemployment rates for the month, while 10 states saw decreases and two states saw increases, according to the latest Bureau of Labor Statistics report.

    24 July 2017 12:59
  • Las Vegas Asset Changes Hands

    Berkadia arranged the sale of Emerald Park Apartment Homes, a 300-unit community. The buyer paid $95 per square foot, equating to a 5.5 percent cap rate.

    19 October 2017 13:30
  • North Dallas 152-Unit Community Changes Hands

    A Dallas-based partnership acquired Sienna Creek from Madera Residential. The buyer plans to rebrand the property and to implement a value-add strategy. The community is situated within the Richardson Independent School District.

    26 May 2017 14:08
  • Silverstone Debuts Palm Beach Gardens Senior Housing

    Harbor Retirement Associates operates the 120-unit property, which provides assisted living and memory care services, in addition to HarborChase of Southlake and HarborChase of The Park Cities, both of which are slated to open in the first quarter of 2018.

    23 August 2017 14:20
  • Renters Looking to Live Green: AMLI Survey

    The company's first Sustainable Living Index showed that 84 percent of residents find living in a green home important to them, while 64 percent are even willing to pay a higher rent for sustainable features.

    21 September 2017 18:09
  • The Local Breaks Ground in Tempe

    Forum Real Estate Group is developing a mixed-use project that will include a nine-story apartment community with 286 units and a ground-floor Whole Foods Market 365 store.

    17 July 2017 17:49
  • Medistar Brings Transitional Care Facility to North Houston

    Pi Architects are currently designing the 104-bed asset, which will provide various services, including skilled nursing focused on short-term rehabilitation care, assisted living and memory care.

    27 July 2017 17:36
  • Stepp Facilitates Long Beach 1031 Exchange

    The three-property portfolio traded for $10.6 million or nearly $189,000 per unit and closed at a 4.6 percent cap rate.

    31 May 2017 14:03
  • Kiser Group Brokers 370-Unit Multifamily Deal in Chicago

    The $29-million real estate portfolio consists of 21 residential buildings located in various South Side neighborhoods. The properties offer studios, one-, two-, three- and four-bedroom units, as well as retail space.

    25 May 2017 08:50