Kevin Kaberna

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    Barriers to homeownership continue to rise throughout the nation, notes JLL Capital Markets' Mark Thomson, with the median home price climbing 55.2 percent from its post-downturn trough.

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    Despite an overall decline in transaction volume across the market, Yardi Matrix data shows several deals upwards of $100 million closed in the past 12 months.

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    Renaissance North is in the city’s Old Town neighborhood and sold for $15.5 million. The building includes 59 units, with 18 set aside for low-income residents.

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