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  • Economy Watch: Apartment Supply Not Keeping Up with Demand in Most Markets

    Out of the nation's 50 largest metros, only 10 have enough new housing supply to keep pace with job growth, according to a new report from Apartment List, indicating that a lack of new construction is contributing to the affordability crisis in many parts of the country.

    28 July 2017 13:04
  • NY Launches $20B Affordable Housing Initiative

    The five-year plan was created to combat homelessness and proposes $10 billion to create and preserve more than 110,000 units across the state, including 12,000 units is designed through the newly enacted "Affordable New York" program.

    25 May 2017 16:55
  • Franklin Street Closes Sale of 111-Unit Florida Asset

    Cornerstone Pointe Apartments traded for $10.6 million. Milbrook Properties Ltd. purchased the community from Everett Realty Services. The community last traded in 2010 for $3.6 million.

    22 May 2017 23:56
  • Kidder Mathews Taps Orange County VP

    Based in the firm’s Orange County office, Johnny Chang will specialize in multifamily investments. He joins from CBRE and has transactions totaling more than $250 million under his belt.

    14 June 2017 14:38
  • Nitya Capital Acquires Vintage Community in Westchase District

    The transaction increases Nitya Capital’s Texas portfolio to more than 9,000 units and $710 million worth of assets under management.

    10 May 2017 08:00
  • Gainesville Community Trades for $22M

    Audubon Communities purchased a 292-unit residential asset that will operate as Peaks at Gainesville. The company also revealed an almost $3 million refurbishment plan.

    31 July 2017 18:17
  • Two Roads Development Taps Director of Sales for Miami Tower

    Sandra Masis will be the link between Elysee’s developers and Cervera’s in-house sales team. Condo prices at the tower range from $1.5 million to upwards of $10 million.

    10 October 2017 13:56
  • The Story Behind the Bronx’s Development Boom

    The borough’s president discussed the major development projects underway that will help Bronx continue to grow, and how the borough is dealing with the issue of gentrification.

    04 May 2017 14:31
  • Investment

    Year-over-year, mid- and high-rise apartment properties’ price per square foot decreased by 7.7 percent, while the price for garden apartment properties increased by 0.7 percent.

    22 May 2017 19:12
  • Phoenix Community Scores $24M Financing

    The real estate investment trust arranged the first mortgage financing for the community. Pinnacle at Union Hills was purchased for $48 million using proceeds from an equity offering.

    13 July 2017 11:59