Dan Bernstein

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  • U.S. Equity REITs

    As of June 30, the SNL U.S. REIT Multifamily index recorded a one-year average dividend yield of 3.2 percent, 0.6 percentage points behind the broader U.S. Equity REIT index.

    24 July 2017 16:13
  • Wendy Forsythe to Join HomeSmart as COO

    The real estate veteran used to serve as president of the brokerage division of T3 Sixty, one of the largest management consulting companies in the residential real estate industry.

    05 September 2017 14:03
  • Bellwether Secures $67M for 2 Properties

    Brookson Resident Flats is a 296-unit community in Huntersville, N.C., and Summer Chase Apartments includes 168 apartments in North Myrtle Beach, S.C.

    12 September 2017 19:16
  • PAC Lands 260-Unit KC-Area Community

    Adara Overland Park is a recently built Class A multifamily asset in Overland Park, Kan. Preferred Apartment Communities (PAC) financed the acquisition using a Freddie Mac loan.

    04 October 2017 18:52
  • Audubon Communities Brings Market-Rate Apartments in Athens, GA

    The company’s $11 million expansion of its exiting property, Westpark Club, will add 108 units and is set for completion during the following year. The development marks the first market-rate apartment community in the Athens area since 2007.

    25 April 2017 13:14
  • ACI Brokers $5M Sale in San Diego’s National City

    KA Real Estate LLC of Sorrento Valley has purchased the 29-unit community. The 22,352-square-foot building was built in 1964 and underwent renovations.

    30 May 2017 17:21
  • HFO Sets Record With OR Sale

    The $40.5 million sale establishes a new record as the largest dollar figure in history for a Springfield multifamily property transaction.

    26 June 2017 15:19
  • Civitas, Guttman to Develop Ohio Senior Housing

    The Grand of Sugarcreek in Dayton will offer 220 independent-living, assisted-living and memory-care units. Construction is slated to start in the first quarter of 2018.

    08 September 2017 14:01
  • Lease-Ups in a Down Market

    A dip in the market is inevitable at some point, and those best prepared to take it on will have a distinct advantage over their competitors. Megan Mahoney of LMC gives a few key pieces to consider when planning for unknown conditions.

    25 August 2017 16:08
  • DFW Community Changes Hands

    A local partnership sold The Bristols Apartments, a market-rate multifamily property in Hurst, Texas. The new owner plans to renovate the 94-unit community.

    26 July 2017 21:14