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  • TruAmerica Makes 3rd FL Investment

    The company purchased the metro Miami community from a joint venture of Robbins Electra and LEM Capital. It plans on making significant upgrades to all unit interiors as well as amenity spaces.

    06 July 2017 15:21
  • Sacramento Market Maintains Robust Rent Growth

    While investment activity has slightly tempered in the city, property values have skyrocketed, boosting average per-unit prices to $160,000. New supply remains limited, as only 900 units will be added to the market in 2017.

    30 October 2017 13:30
  • Harland Recruits San Diego Manager

    A 20-year industry veteran, Al Pesiri will focus on property management for the company’s San Diego rental housing market.

    30 October 2017 13:27
  • Allen Morris Opens LEED-Certified Tampa Bay Community

    Located in the heart of downtown St. Petersburg, the $73 million, 348-unit community's 103 units are already leased. One of its highlighted amenities include a dedicated gallery space in collaboration with the Morean Arts Center.

    24 May 2017 21:32
  • Investors Look to Chicago as a Safe Haven

    An expert from Marcus & Millichap reveals why small-balance multifamily owners should look to the Windy City, including the area's cap rates, price per unit and gross rent multipliers.

    30 August 2017 16:23
  • Republic Snags $100M for DC Apartments

    The company received construction financing from CapitalSource for Portals Residential Phase V Building, which will be a 13-story community with 373 units.

    12 June 2017 09:32
  • Senior Housing M&As Outlook Strong: Capital One

    According to the latest survey of more than 150 industry professionals, 43 percent anticipate an increase in activity heading into the fourth quarter of 2017.

    28 September 2017 18:44
  • Brooklyn Luxury Apartments Land $120M Loan

    Square Mile Capital Management originated the loan on behalf of developer Lightstone, which completed construction in March 2016. The apartment community comprises 344 market-rate and 86 affordable units.

    08 May 2017 14:30
  • Multifamily Rents Idle in Third Quarter

    After a robust first half of the year where average rents grew by $33, there was a summer slowdown, with rents increasing by only $1 in the third quarter.

    13 October 2017 03:22
  • 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