Kenneth Blmosterberg

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  • Top 5 NYC Multifamily Sales

    PropertyShark compiled the top 5 multifamily sales for June 2017 in New York City.

    24 July 2017 16:09
  • JV Invests $148M in 2 Luxury AZ Assets

    Bascom Arizona Ventures and Pacific Life Insurance Co. acquired Legend at Kierland and Tradition at Kierland, totaling 724 units. Quadrant Real Estate Advisors provided debt financing arranged by CBRE.

    02 November 2017 15:38
  • Sacramento Sets the Standard

    Although rents across the country have been decelerating in recent months, the California capital continues to outperform. While no longer in the double digits, its rent growth continues to lead major metros.

    03 July 2017 13:30
  • Meta Housing Finishes Art-Oriented SoCal Affordable Housing

    Constructed on a 54,000-square-foot YMCA-owned site, the five-story ACE/121 includes an 800-square-foot, professional-caliber art gallery, a visual arts room, a makerspace, two music rooms and a dance studio.

    02 June 2017 08:17
  • PRP Sells Class A Property for $44M in Atlanta

    Perseus Realty Partners completed the disposition of Ansley at Princeton Lakes, selling it for $43,5 million. The property is ten minutes away from Hartsfield-Jackson International Airport.

    13 September 2017 13:06
  • Cybersecurity 411: Effective Incident Response

    An effective incident response program should help an organization deal with a breach. In the fourth part of his cybersecurity series, Jeremy Rasmussen shares the steps to take after a hacking has occurred.

    03 July 2017 13:45
  • 2017’s Busiest Rental Markets

    With apartment construction reaching a 20-year peak, most of the largest U.S. cities continue to add significant levels of rental stock. Denver and Nashville are joining the top 10 list in terms of 2017 apartment completions, according to RentCafé.

    19 July 2017 12:40
  • 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
  • Kushner Cos. Lands 1,032-Unit NJ Community

    A joint venture between Angelo, Gordon & Co. and Candlebrook Properties sold the asset in Plainsboro, N.J. The buyer assumed the in-place debt on the property.

    25 September 2017 08:25
  • CityView, Dinerstein to Develop CO Luxury Apartments

    The proposed 350-unit, Class A development will be replacing an underutilized retail center at the site. Groundbreaking is scheduled for August 2017 and completion for mid-2019.

    19 July 2017 15:15