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  • Lake Union Partners Acquires $23M MidTown Center

    The company partnered with Forterra to develop the site and plans to include approximately 520 to 555 apartments. Approximately half of the units will be affordable.

    29 May 2017 08:11
  • Dougherty Mortgage Closes $6M Student Housing Loan

    Dougherty Mortgage closed a 12-year term loan for the acquisition of Millennium on Post, a student housing located minutes away from the Texas State campus.

    29 May 2017 11:29
  • Walker & Dunlop Provides $95M for North Miami Acquisition

    Avesta Communities procured the 402-unit property Avesta Biscayne, which features six five-story residential buildings along with a clubhouse and leasing office.

    26 April 2017 14:35
  • Economy Watch: Construction Spending Flat in May

    Residential construction was up 0.5 percent and non-residential construction was down 0.3 percent, leading total construction to remain flat for the month, according to the U.S. Census Bureau. Compared to May 2016, however, all major nonresidential construction categories enjoyed increased spending.

    05 July 2017 13:35
  • Rent Growth

    Rents were up 2.7% nationwide in March, down 10 basis points from February and exactly half the 5.4% growth rate of a year ago.

    14 April 2017 16:35
  • Mid-Year Forecast: Despite Difficulty, Deals Are Possible

    Land sourcing, rising construction costs and shifts in the financing sector are all key considerations that today’s investors must overcome to be successful. However, it can be done, according to Century West Partners’ Kevin Farrell.

    02 June 2017 08:49
  • The Future of Reputation Management

    While the primary objective of reputation management is to look good in the eyes of prospective renters who scour review sites, savvy operators have begun to utilize their reviews as free market research.

    26 April 2017 08:12
  • Berkshire Group Nabs DTLA Luxury Apartments

    This is the company’s second purchase in the Los Angeles market in the last year. The 266-unit community also features over 8,500 square feet of ground floor retail.

    26 May 2017 14:47
  • JV Brings 156 Senior Units to Charleston

    Alex Brown Realty, Wakefield Capital and Affinity Living Group are developing a 120,000-square-foot community slated for completion in June 2018.

    18 July 2017 08:21
  • Economy Watch: State Unemployment Rates Mostly Flat in June

    Thirty-eight states and D.C. had stable unemployment rates for the month, while 10 states saw decreases and two states saw increases, according to the latest Bureau of Labor Statistics report.

    24 July 2017 12:59