Praxis Residential

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    LA’s First Automated Parking Garage Community Changes Hands

    Lee & Associates represented both the buyer and the seller of the eight-unit property which was fully occupied at the time of the transaction.

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  • Bell Partners Snags 308 Units

    Stonebridge Terrace, which will be renamed Bell Stonebridge, is a two-year-old community located within Stonebridge at Potomac Town Center, a half-million-square-foot lifestyle hub.

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  • Rent Growth

    Rents were up 2.4% nationwide, a 20-basis-point decline from July. Although overall gains have slowed during the summer months, August kept alive a streak during which rents have increased every month this year.

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    The three-property portfolio traded for $10.6 million or nearly $189,000 per unit and closed at a 4.6 percent cap rate.

    31 May 2017 14:03

  • Salem Receives Approval for $750M Honolulu Towers

    The development includes 78 affordable apartments for seniors as well as 450 hotel units and condos. EAH Housing will be in charge of the affordable component.

    09 October 2017 18:03

  • Arrimus Snags FL Student Housing

    The company made its second purchase from Parkland Development Corp. this year with the Forum at Tallahassee, a 264-unit community serving Florida State University students.

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  • Finding Riches in Niches

    Residents come in as many varieties as multifamily communities themselves, so marketing a property is merely a matter of identifying the prospects most likely to love it, getting them in the door, and signing them up. Right? If only it were that simple.

    15 May 2017 08:17

  • How to Motivate and Engage Your Team

    Takeaways from the recent CFAA Rental Housing Conference panel “Corporate Culture – Pull, Don’t Push” and “Data in Performance Evaluation," presented by experts from M&R Properties and Killam REIT.

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  • Hurricane Harvey’s Multifamily Impact

    Industry experts weigh in on what the effects of the storm mean for Houston, its residents and the market as a whole.

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