Robert Pinnegar

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    Capital Club will be a 312-unit community in Indian Land, S.C. Patterson arranged a preferred equity investment from RSE Capital Partners as well as a construction loan from Texas Capital Bank and HomeTrust Bank.

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    University Partners bought the 353,256-square-foot community for an undisclosed price. The 900-bed property features two-, three, and four-bedroom garden-style apartment units.

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  • National Multifamily Outlook for 2018

    Rents are forecasted to increase by 2 percent nationally over the next year, but growth will be moderate based on the increases in supply and the lack of affordable housing in high-cost metros.

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  • Enterprise Community Investment Combines With CPDC

    The deal represents an opportunity for the companies to improve access to affordable housing at a time when prices are rising and credits are limited.

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  • Using Airbnb to Your Advantage

    Although there is pushback from the apartment industry, small-balance owners can utilize the service to their advantage and earn additional income with relatively little risk.

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