Russell Albanese

View All Tags

You May Also Like

  • Security Properties Acquires 2 Portland Assets

    Security Properties acquired two properties totaling 228 units located near downtown Portland. The company plans to implement a renovation plan for The Commons in order to preserve the long-term affordability of the building.

    21 July 2017 15:31
  • 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
  • MCA Secures Houston Memory Care Construction Loan

    MCA has secured a $7.1 million loan for the project, which will feature 90 beds and a community center. Guidon Building Solutions will develop the facility in two phases.

    09 June 2017 16:11
  • Oden Hughes Breaks Ground on San Antonio Project

    The 308-unit community is being built as part of The Rim, a 700-acre mixed-use development that also includes office and retail. Residences are scheduled to open in mid-2018.

    31 May 2017 16:55
  • 10 Markets with the Lowest Expected Supply Growth

    The multifamily industry has experienced a recent boom. But with a risk of oversaturation in some markets, development is slowing and deliveries are expected to peak.

    18 July 2017 15:51
  • John Hancock Snags Property on Boston Harbor

    The 224-unit high-rise was built in 2007, and is part of the ongoing redevelopment of the Navy Yard, one of the oldest shipbuilding yards in the U.S.

    23 August 2017 09:41
  • Leasing Begins at LMC’s Chicago Apartments

    The Emerson, a mixed-use, transit-oriented development, features 270 units in a five-story, low-rise building and a 20-story high rise.

    22 May 2017 15:00
  • Ares Fund Secures 1,300-Unit Portfolio in Germany

    The deal increases the firm’s holdings in the country to 3,900 units.

    03 March 2017 15:45
  • Secondary Markets Present Strong Opportunities

    Investing in markets outside the core presents an opportunity to capitalize on the demand for downtown assets without the downtown address. Stephen Catarinella of CAPREIT discusses what factors to consider when acquiring communities in these areas.

    06 September 2017 14:10
  • Berkeley Point Provides $2.2B in Financing for Starwood-Milestone Deal

    The public-to-private transaction includes a portfolio of 74 assets, built between 1974 and 2016 and containing nearly 23,000 units.

    08 May 2017 08:09