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  • MCA Secures Houston Memory Care Construction Loan

    MCA has secured a $7.1 million loan for the project, which will feature 90 beds and a community center. Guidon Building Solutions will develop the facility in two phases.

    09 June 2017 16:11
  • Passco Makes 2nd DC Purchase for $113M

    The 360-unit luxury community in Alexandria, Va., is strategically located at the Huntington Metro Station and had a 92 percent occupancy rate at the time of the transaction.

    02 October 2017 17:25
  • Leasing Starts at New Hell’s Kitchen Luxury Condos

    Taconic Investment Partners and Mitsui Fudosan America are developing the project at 525 W. 52nd St., which includes 35,000 square feet of amenities.

    24 May 2017 14:08
  • Should Landlords Run Criminal Background Checks?

    A credit check establishes whether an applicant is willing and able to pay rent. For most landlords, running criminal background checks on prospective residents is also a mandatory step in the rental process. However, property owners and managers should find a balance between their safety need and HUD’s inclination to make finding a home easier for people with criminal records.

    30 October 2017 13:59
  • Robust Development, Insatiable Demand in Seattle

    The city has been one of the strongest rental markets during the current cycle. Over the last five years, average rents have risen nearly $500 to $1,770.

    07 September 2017 13:19
  • What Students Want in Accommodations

    You may think that a rooftop infinity pool or other luxury amenity is what students want, but in reality, they are looking for basic features such as proximity to campus, Internet access and a decent room size.

    05 October 2017 18:00
  • Economy Watch: Fed’s Beige Book Sees Continued U.S. Economic Growth

    Consumer spending appears to be rising across a majority of districts, led by increases in non-auto retail sales and tourism, which bodes well for retailers and hotels.

    13 July 2017 13:28
  • Historic Lafayette Park’s First Luxury Community in 40 Years

    DuCharme Place is a $45 million multifamily project inspired by architect Mies' design of Lafayette Park, the historic district near which the community is situated. The 185-unit development was financed through a HUD loan, one of the only sources of financing for the few ground-up housing projects planned in Detroit in the early 2000s.

    04 October 2017 15:21
  • JLL Closes 238-Unit TX Community Sale

    M-DW LP sold a 238-unit multifamily community in Galveston, Texas. Gulf Coast Kington Properties purchased the 15-building property, which includes one- and two-bedroom units.

    07 November 2017 15:04
  • 29SC Expands Into Sacramento With 110-Unit Community

    The company plans to spend $1.3 million in capital improvements in the property located in Citrus Heights, Calif., a submarket with a more than 8 percent rental rate growth.

    20 June 2017 16:42