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  • Economy Watch: Economy Creates 220K Jobs in June

    Job growth in June exceeded the average of 194,000 jobs created over the past three months, according to the Bureau of Labor Statistics latest jobs report. The April and May job numbers were also revised up.

    07 July 2017 14:05
  • Economy Watch: Fitch Report Optimistic About CRE

    In its first annual U.S. Equity REITs Handbook, Fitch expects continued positive property-level fundamentals across most asset classes in 2017. Multifamily should again lead the REIT sector, although same-store net operating income growth will be less than 2016 levels, according to the report.

    06 June 2017 13:39
  • Attacking the Hack: How to Keep Resident Data Safe

    Cybersecurity breaches are an ever-growing concern, as almost every month seems to bring news of a major incident. In the multifamily industry, the issue came to the forefront three years ago when Essex Property Trust announced a major intrusion.

    11 September 2017 13:12
  • Dougherty Secured Loan for New Brighton Community

    The company closed a $1.6 million Fannie Mae loan for a two-building multifamily property in New Brighton, Minn. The community was 99.1 percent occupied as of March.

    08 May 2017 08:54
  • IPA Brokers Sale of Rio Grande Valley Asset

    Executive Director Will Balthrope, Senior Director Drew Kile and Associates Jordan Featherston and Joey Tumminello represented the seller and procured the buyer, Presidium. American Agape Foundation is the former owner of the 288-unit property in Harlingen, Texas.

    23 October 2017 23:32
  • OakPoint Lands Nashville-Area Luxury Community

    Homestead Rental Properties sold The Luxe at Indian Lake Village, a 94-unit property in Hendersonville, Tenn. This marks OakPoint’s fourth recent midstate acquisition.

    05 July 2017 00:03
  • Economy Watch: Architecture Billings Start Summer Off Strong

    June marks the fifth consecutive month of design revenue growth for architecture firms, according to the American Institute of Architects' latest Architecture Billings index.

    20 July 2017 15:38
  • CBRE Global Investors Fund Lands $51M Denver-Area Asset

    Viridian at the Gardens on Havana is a 227-unit property located in Aurora. ARA Newmark worked on behalf of AIG Global Real Estate and Post Investment Group, partners in trading the recently constructed Class A community.

    21 July 2017 13:00
  • 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.

    22 May 2017 19:12
  • Security Properties’ Seattle Sale Completes 1st Fund

    700 Broadway, a mixed-use property in Capitol Hill, marked the last of 17 assets that comprised the firm’s first closed-end discretionary multifamily real estate fund.

    07 September 2017 17:15