Michael Glass

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  • US Rent Growth Falls Below Long-Term Average

    Average U.S. monthly rents increased by $3 to $1,314, the smallest growth seen since April 2011, when rates increased 1.5 percent.

    10 May 2017 13:47
  • Bell Partners Closes $600M Fund

    : Value-added Bell Apartment Fund VI invests in multifamily properties in the United States, leveraging the apartment and managing firm’s operating platform.

    21 June 2017 08:37
  • CBRE Sets Up Bay Area Multifamily Practice

    Executive Vice Presidents Matt Kroger and Jef Henderson will lead the new team and focus on investment property and land sales for institutional and private owners.

    29 June 2017 16:17
  • Next on Sixth: Competition in Koreatown

    How do you stand out in a rapidly growing market? How about adding a mini Target? That’s a key feature of NEXT on Sixth, an apartment building under construction at 600 S. Virgil Ave. in Los Angeles’ rapidly gentrifying Koreatown.

    05 September 2017 12:16
  • Joint Venture Acquires LA Communities

    Strategic Housing Partners and Rockpoint Group have acquired two portfolios and an additional community, totaling more than 1,200 units.

    27 July 2017 17:58
  • Investment

    In the second quarter of 2017, the price per square foot for multifamily properties averaged $179,000, with Mid- and High-Rise Apartment properties at $280,000 and Garden Apartments at $118,000.

    30 August 2017 14:23
  • MAG Appoints Regional VP

    Multifamily Ancillary Group has announced a new telecommunications and cable division, Next Wave Solutions, and has appointed telecom industry veteran Gregg Roffers to lead the firm's business development and marketing teams. He will also manage existing relationships with major apartment owners and managers.

    18 May 2017 14:38
  • Condo Development Coming to Dallas

    Metropolitan Capital Advisors arranged a $9.6 million construction loan for Destination Residences, a 62-unit, multi-story condominium project in The Cedars neighborhood.

    28 April 2017 17:51
  • Museum BLVD’s Final Look

    Reflecting the design of nearby museums, the mid-rise Houston development will flaunt a building envelope composed of stucco featuring a façade with ceramic tile pattern. First-floor condos will offer expanded outdoor living spaces with artistic railings created from laser-cut metal.

    03 May 2017 11:49
  • San Diego Apartments Snag $38M Refi

    KeyBank Real Estate Capital arranged the financing, 12-year term, seven-year interest only period and a 30-year amortization schedule for the 255-unit Stonewood Garden Apartment Homes.

    27 April 2017 19:16