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  • Marcus & Millichap Leads Sale of Dupont Apartments

    The four-unit property sold for $2.3 million to a Washington, D.C., condo developer. Marcus & Millichap represented the seller, a private investor.

    03 May 2017 17:36
  • Richmond Community Changes Hands

    The 75-unit 2001 East Apartments, which is located close to the Church Hill Historic District, traded for $9.7 million. Rents at the residential property, which also has two commercial suites, equate to an average of $1,177.

    09 June 2017 16:39
  • Economy Watch: Multifamily Markets Softening

    All four indexes of the NMHC's quarterly survey were below the breakeven level of 50, indicating that U.S. apartment market conditions are softening despite continued strong demand. New supply is finally catching up, and there seems to be more caution among buyers and lenders, noted NMHC Chief Economist Mark Obrinsky.

    21 April 2017 13:56
  • Car Sharing for Residents

    City living comes with some challenges: Cars, for one, are hard to park and store in most metro areas. Enter Maven by General Motors, a car-sharing platform that allows properties to offer premium autos for rent.

    20 July 2017 15:37
  • Hollywood Communities Command $24M

    Vista Investment Group sold a pair of properties: 58-unit Avondale Hollywood and 36-unit Sunset Formosa. The deals netted the company $11 million in profit.

    27 June 2017 14:19
  • Phoenix: Maintaining Momentum in the Desert

    The metro is outpacing the country in job creation and population growth, drawing multifamily developers and investors looking for opportunities in second-tier markets.

    02 October 2017 13:21
  • NAI Brokers $9M SF Community Sale

    The seller of the 28-unit property located in the Mission District executed a 1031 exchange. The asset has been family-owned for more than 30 years.

    08 May 2017 13:54
  • KWA Construction Appoints New EVP

    Tayloe Call will work with President Brian Webster and oversee daily operations. He has more than 20 years of experience and most recently served as president & COO of LECESSE.

    19 June 2017 16:17
  • Demand Outpaces Supply in Salt Lake City

    Driven by robust population growth and low unemployment, Utah’s largest city is rapidly expanding, generating healthy housing demand. It continues to appeal to major employers, such as Amazon, UPS and big-brand companies based along the Wasatch Front.

    31 July 2017 13:52
  • 2 CA Communities Trade for $33M

    The Commons Apartment Homes, a 100-unit community on Standiford Ave., and Summerview Apartment Homes, a 136-unit community on Prescott Road, both in Modesto, Calif., have traded for a total of $32.56 million.

    05 July 2017 19:46