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    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
  • Silverstone Debuts Palm Beach Gardens Senior Housing

    Harbor Retirement Associates operates the 120-unit property, which provides assisted living and memory care services, in addition to HarborChase of Southlake and HarborChase of The Park Cities, both of which are slated to open in the first quarter of 2018.

    23 August 2017 14:20
  • Wood Partners Breaks Ground on 298-Unit Development

    The developer is building a community in Chapel Hill, N.C., with leasing expected to begin next summer. Alta Blu will include 5,000 square feet of office space.

    21 July 2017 14:50
  • Redevelopment of Affordable Housing Begins in Western MA

    First Resource Cos. is making extensive renovations at the 173-unit Maple Commons Apartments in downtown Springfield. One improvement includes adding 50 cameras over two city blocks that will be connected directly to the police department.

    18 May 2017 08:55
  • CBRE Sets Up Bay Area Multifamily Practice

    Executive Vice Presidents Matt Kroger and Jef Henderson will lead the new team and focus on investment property and land sales for institutional and private owners.

    29 June 2017 16:17
  • Passco Acquires $50M Luxury Community

    The company is expanding its footprint with a new Class A, luxury community, located near Tampa Bay and major area employers.

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  • CIM Group Reaches Construction Milestone in DTLA

    888 S. Hope—a 34-story apartment tower featuring 525 units, 6,000 square feet of ground-floor retail space and a public pocket park—is scheduled for delivery in mid-2018.

    19 September 2017 14:26
  • Richland Living Secures Acquisition Loan for San Antonio Property

    Hunt Mortgage Group arranged a $10 million acquisition loan for the 192-unit The Richland Apartments in San Antonio-New Braunfels.

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  • Economy Watch: Demand for Student Housing Stays Strong

    Favorable demographic trends and an increase in the number of students pursing post-graduate degrees are spurring investor interest and demand for student housing product, according to a recent report from TH Real Estate.

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  • ReyLenn Properties to Open $60M Denver Community

    Solana Lucent Station will be opened in anticipation of the Southwest Line Extension in Highlands Ranch, Colo., which is home to major employers such as Children’s Hospital Colorado, Skyridge Medical Center and VISA.

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