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  • Marcus & Millichap Sells Indianapolis Community

    Built in 1980, the one-story building is located near Memorial Hospital, a major employer in the area. The community was 100 percent occupied as of May.

    08 June 2017 19:17
  • Boston Capital Nabs Charlotte, NC Community

    The company acquired the 368-unit property on behalf of Boston Capital Income & Value U.S. Apartment Fund. The cost of purchase, including improvements, reached $60 million.

    07 September 2017 18:31
  • 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
  • The Residences at Annapolis Junction Welcomes Residents

    The 416-unit luxury property is the residential component of a mixed-use TOD developed by Somerset Construction and Armada Hoffler in Howard County, Md. The project will also include an intermodal parking structure, Class A office space and retail.

    16 August 2017 12:55
  • The Fusion of Techonoloy, Data & Regulations

    MACC Venture Partners, a North Carolina based owner/operator and active sponsor of multifamily assets throughout the Southeast, is pleased to host the third event in its 2017 panel series lineup on Wednesday May 24th 2017. The event will be based on the topic of technological innovation and data intelligence in the commercial real estate industry, and their transformational role.

    10 April 2017 16:11
  • Carnegie, Gensler Team for Textile Line

    The two industry giants have come together for a collection of seven patterns of high-performance textiles inspired by athletic wear.

    21 September 2017 19:07
  • 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
  • Economy Watch: Retail Sales Dip in May

    By Dees Stribling Image courtesy of Flickr Creative Commons user southareapictures. U.S. retail and food service sales dropped 0.3 percent in May compared with April, the Census Bureau reported on Wednesday. That’s the weakest monthly report for retail sales in more than a year and a half. Compared with the same month

    14 June 2017 15:55
  • SC Community Changes Hands for $16M

    Brian Ford, Alex McDermott, Austin Green and Ron Corrao from Capstone's Charlotte office brokered the sale of Southern Pines, a 352-unit community in Spartanburg. Capstone worked on behalf of the seller, Bowman Investment Group.

    09 October 2017 18:07
  • Dallas Community Lands $14M Refi

    The 12-year term Fannie Mae loan originated by Dougherty Mortgage LLC and Old Capital Lending has a 30-year amortization schedule. The 27-building community features studios, one- and two-bedroom apartments.

    21 June 2017 12:17