Harriet Cormack

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  • Employment Gains Spur Growth in Philadelphia

    An evolving wage structure, influx of young professionals and boom in hospitality and development are helping the city's multifamily market keep its head above water.

    12 September 2017 14:43
  • U.S. Equity REITs

    As of June 30, the SNL U.S. REIT Multifamily index recorded a one-year average dividend yield of 3.2 percent, 0.6 percentage points behind the broader U.S. Equity REIT index.

    24 July 2017 16:13
  • Rescore Snags $100M for Hollywood Apartments

    The community is a 368-unit, seven-story project located in the Hollywood Entertainment District, a Business Improvement District.

    19 May 2017 08:26
  • PAC Lands 242-Unit Louisville Community

    The company financed the acquisition by assuming a mortgage loan insured by the U.S. Department of Housing and Urban Development.

    02 May 2017 20:14
  • Bike Infrastructure for Multifamily Communities

    Velodome Shelters provides a variety of solutions for bike storage and protection, a growing problem as more residents choose cycling as a sustainable and healthy mode of transportation.

    09 November 2017 14:49
  • 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
  • JV to Convert FL Student Housing Into Apartments

    The Collier Cos., Apex One and Paravest Capital have acquired the 324-unit Avenue 29 Apartments in Tallahassee and plan to reposition the community.

    08 September 2017 15:49
  • Steady Growth Cultivates Building Boom in Columbus

    The multifamily market is expanding in the area, which has been an economic standout in Ohio and the Midwest. The metro’s tight labor market is lifting average wages, attracting more residents and bolstering demand for apartments.

    28 July 2017 08:30
  • Olympus Grows Southeast Footprint with GA Purchase

    The asset is located in the highly sought-after Savannah Quarters submarket, offering access to retail, shopping and dining, as well as proximity to employers to employers such as Gulfstream Aerospace Corp..

    05 May 2017 12:20
  • 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