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  • 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
  • Marcus & Millichap Lists $31M Student Housing Community

    The company received the exclusive listing for 512 South Third St., a 400-bed student housing community within walking distance of the University of Illinois' main campus.

    03 August 2017 13:17
  • NJ Senior Community Lands $8M Refi

    Magnolia Gardens Assisted Living was subject to a 35-year loan. Laura Saull-Smith arranged the financing for the 79-unit community located in Toms River, N.J.

    17 October 2017 14:16
  • Greysteel to Sell VA Affordable Housing Portfolio

    The company was tapped to market Lexington Commons in Newport News, Va., and Parkwood Manor in Norfolk, Va., totaling 232 units.

    06 November 2017 15:14
  • Economy Watch: Economy Adds 209K Jobs in July

    July was a fairly good month for job growth, with employment increasing in food services and drinking places, professional and business services, and health care, all of which spur commercial space absorption, according to the Bureau of Labor Statistics.

    04 August 2017 13:27
  • Multifamily Rents Chill in October

    While the Pacific Northwest is feeling the effects of a nationwide deceleration, Houston is getting back on its feet after Hurricane Harvey.

    16 November 2017 19:15
  • The Savvy Owner’s Road Map for Success

    An expert from Marcus & Millichap discusses the importance of taking a strategic look at your current real estate holdings as we approach the end of this cycle amidst the uncertainties of tax reform, rising interest rates and inflationary pressures.

    27 September 2017 15:38
  • Equus Capital Partners Snags 500-Unit Atlanta Property

    The company acquired Viera Briarcliff, a 500-unit garden-style apartment community in the coveted Druid Hills neighborhood on the east side of the city.

    19 June 2017 15:29
  • Praedium Group Snags $57M FL Asset

    The company acquired the 300-unit Views at Harbortown in Jacksonville, Fla., which features one-, two- and three-bedroom floorplans ranging from 713 to 1,570 square feet.

    09 August 2017 13:43
  • 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