Tim Towell

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  • Baby-Boomers Impact on the Apartment Industry

    The renter segment aged 55 and over increased by 28 percent, while renters under 34 years of age increased by only 3 percent between 2009 and 2015.

    30 December 2017 13:04
  • Roxborough Acquires First Phoenix Community

    The 168-unit property is located in the Paradise Valley submarket, adjacent to the Paradise Valley Mall. The company tapped Alliance Residential Co. as a third-party manager.

    14 September 2017 13:20
  • Real Money

    A billion here, a billion there, and pretty soon you’re talking real money,” Everett Dirksen once said, and the legendary lion of the Senate would have to admit that $3.4 billion is a nice chunk of change. That’s how much multifamily property owners could save every year through energy efficiency upgrades, according to a 2016 estimate by the American Council for an Energy-Efficient Economy.

    03 October 2017 06:49
  • Community Builders Procures $38M to Develop NY Apartments

    Cottage Place Gardens Phase III is a 70-unit, mixed-income property in Yonkers. The project involves the replacement of a 1940's housing project and a deteriorated townhouse.

    25 January 2018 16:57
  • New Supply Keeps Rent Growth Tepid in Baltimore

    Spearheaded by the revival of its core and by the emergence of the Baltimore-Washington corridor as a strategic location, the metro’s multifamily fundamentals have stabilized.

    13 September 2017 14:09