Southern Methodist University

Raleigh Luxury Apartment Community to Open in Fall 2017

Banner Real Estate Group is building The Metropolitan, a $51 million, 242-unit mid-rise community in the Glenwood South neighborhood of Raleigh, N.C.

Renewable Energy

Investment

Year-over-year, mid- and high-rise apartment properties’ price per square foot decreased by 7.7 percent, while the price for garden apartment properties increased by 0.7 percent.

Dougherty Closes $7M Loan for Irving Community

The company completed a 12-year, two-year interest only Fannie Mae loan for the 134-unit property.

BRIDGE Housing Promotes Susan Johnson to COO

In this newly created role, Johnson will work to connect strategy, operations and procedures across the organization. Johnson has been with the company since 1983.

Meta Housing Finishes Art-Oriented SoCal Affordable Housing

Constructed on a 54,000-square-foot YMCA-owned site, the five-story ACE/121 includes an 800-square-foot, professional-caliber art gallery, a visual arts room, a makerspace, two music rooms and a dance studio.

U.S. Equity REITs

Among the U.S. multifamily-focused REITs, NexPoint Residential Trust, Inc. delivered the highest one-year total return of 78.7 percent.

Poll: Multifamily Lending

In our new poll, we want to know what you think about the Mortgage Bankers Association's predictions for 2017.

Cornerstone Senior Living Expands in TX

The company acquired Three Forks of Forney, a 60-unit, 72-bed assisted living and memory care community in Forney, for $12.5 million.

Portland’s Charm

The city's multifamily demand remains elevated, fueled by a healthy job market and an influx of young people for professional and lifestyle purposes.