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  • 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
  • Lexerd Lands $39M FL Apartments

    Springs at Braden River is a 270-unit garden-style community in Bradenton, Fla. The company acquired it from Continental Properties.

    31 August 2017 19:14
  • Jersey Asset Commands $147M Refi

    New York Life originated a 10-year loan on behalf of Sterling Properties. The asset is located in a northern New Jersey market with high barriers to entry.

    15 August 2017 18:54
  • Charging forward

    I have to admit to a longtime envy of the amenities offered to many apartment dwellers.

    08 November 2017 10:00
  • Economy Watch: Most Metros Enjoy Low Unemployment

    Of the 388 U.S. metro areas, 340 had unemployment rates that were lower in July than a year earlier, according to a recent Bureau of Labor Statistics report.

    31 August 2017 13:51
  • The Inland Empire Expands

    Rent growth in San Bernardino and Riverside counties continued its extremely fast pace over the past year, supported by a healthy job market and moderate inventory expansion.

    23 May 2017 13:52
  • How to Deliver Cost-Efficient, Environmentally Sustainable Projects

    MHN spoke with Satyen Patel to find out how his company Prescient’s construction system helps multifamily developers deliver projects within tight schedules and on budget.

    09 October 2017 14:38
  • FCP Buys $16M Charleston Apartments

    The company purchased Gates at Summerville, a 232-unit garden-style community in the Summerville submarket of Charleston, and plans to add a dog park and sport court and improve the landscaping, common areas and curb appeal.

    31 October 2017 17:20
  • Monument Real Estate Services Adds VP of Operations

    Carey Dougherty will oversee the company’s day-to-day operations, bringing more than 35 years of experience in property management and real estate.

    24 May 2017 12:34
  • Economy Watch: Certain Residential Markets Overvalued

    In San Francisco, real residential prices have soared 65 percent since 2012, and remain 6 percent above the national average, according to the latest UBS 2017 Global Real Estate Bubble Index.

    29 September 2017 13:32