Ken Seeger

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  • Rent Growth

    The national deceleration on a year-over-year basis continued, with rents up 2.3% nationwide in October, a 30 basis-point decline from September. Rent growth in Houston is up 0.8% year-over-year through October, a 100-basis point improvement over -0.2% in September and the metro’s first positive month since July 2016. Upward of 45,000 apartment units and 100,000 housing units went out of commission as a result of Harvey.

    30 November 2017 13:01
  • 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
  • BRIDGE, Holland to Develop 2 San Diego Mixed-Use Projects

    Designed to meet LEED Gold standards, both properties feature street-level retail and restaurant spaces. The developers are working with architect AVRP Skyport to create a live-work-play environment.

    10 January 2018 15:21
  • Lee & Associates Brokers $21M Phoenix Transaction

    Biltmore Pointe Apartments includes 101 units and was built in two phases in 1959 and 1972. The new owner intends to add value to the investment through a substantial renovation.

    09 November 2017 14:59
  • Inland Lands 332-Unit AL Community

    A nonlisted multifamily REIT sponsored by the company purchased The Verandas at Mitylene in Montgomery for $37 million. The asset was formerly managed by Flournoy Properties.

    09 August 2017 16:54