Louis Leong

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  • GA Development Commands $59M

    Fairfield Residential acquired Trees of Avalon, a 500-unit community in McDonough, Ga., from Watkins Real Estate Group.

    17 October 2017 17:43
  • ResiModel Becomes redIQ

    When MHN first spoke with Elliot Vermes, founder and CEO of redIQ, back in 2015, the data intelligence start-up had a different name (ResiModel). Two years later, Vermes says his company has taken some valuable lessons from its work with clients—and made a pivot to focus more heavily on data standardization to meet the needs of more users.

    18 July 2017 19:59
  • Kennedy Wilson Sells $109M Seattle Asset

    The 576-unit property was 97.9 percent occupied as of May. The company purchased the asset in 2014 for $57.8 million from Holland Partners.

    10 July 2017 08:34
  • East Dallas Townhomes Lands Construction Loan

    AHC Funds secured $11.4 million for the first development stage of a 125-unit community in Dallas. Metropolitan Capital Advisors' Justin Laub negotiated the financing on behalf of the borrower.

    31 July 2017 14:55
  • Avesta Communities Enters CO Market

    The company plans to implement a renovation plan that includes improvements made to the common amenities and to the unit interiors.

    22 September 2017 20:49
  • 5 Reasons Stone is Sustainable

    Of all the numerous types of countertop materials available, natural stone is considered one of the most sustainable or eco-friendly options multifamily developers can choose.

    19 September 2017 16:23
  • Economy Watch: Investment in Non-Residential Structures Gains in Q2

    By D.C. Stribling, Contributing Editor Investment in non-residential U.S. structures increased at a 5.2 percent annualized pace during the second quarter of 2017, the Bureau of Economic Analysis reported on Monday. That’s a marked change from early last year, when the pace of non-residential investment was dragged down due to a

    08 August 2017 13:19
  • Economy Watch: Rents Volatile in Many Markets in May

    While nationwide apartment rents are still on the rise, several markets have recently faced spikes in rent, according to a recent ABODO report. Rent decreases going into June, on the other hand, were on the smaller side.

    07 June 2017 13:46
  • Development Boom Tempers Rent Growth in Chicago

    The city has seen costs moderate, in keeping with the nation as a whole, and features a bifurcation between luxury and working-class units.

    27 July 2017 08:41