Charlie Smith

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  • 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.

    09 August 2017 08:50
  • Johnston Properties Adds New Development in Phoenix

    The owner of Agritopia and Barnone, two developments in Gilbert, Ariz., entered a joint venture with IPA/Liv Communities to develop its third community in the area. The project is slated to break ground this fall.

    14 September 2017 08:25
  • Michaelson Acquires Dallas Apartments

    Built in 1982, Chesapeake Apartments includes 126 units and features four floorplans. Currently the property is 98-percent occupied.

    13 September 2017 19:16
  • Walker & Dunlop Expands Team in TN

    As managing director, Telly Fathaly will be initiating the company's presence in Nashville. He has more than 14 years of experience in the multifamily industry.

    04 October 2017 18:51
  • Rent Growth

    Rents were up 1.5% nationwide in May, down 40 basis points from April, 90 basis points from March and well below the 5.3% growth rate of a year ago. Deceleration is more than firmly established, as the year-over-year growth rate has decreased for 13 straight months since reaching 5.4% in April 2016. The last time the year-over-year increase was as low as 1.5% was in April 2011.

    19 June 2017 20:09