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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
  • Cordish Tops Off $120M MO High Rise

    Scheduled to open in 2018, the 296-unit Two Light is the second new construction high-rise apartment building in downtown Kansas City in the last 50 years.

    10 August 2017 14:58
  • Fort Worth Community Lands Fannie Mae Loan

    Dougherty Mortgage has secured a $3.6 million, 12-year term financing agreement for a 90-unit market-rate community. The loan has a 30-year amortization schedule.

    02 May 2017 08:31
  • Hines, McCaffery Break Ground in Chicago

    A new mixed-use building anchoring the Lincoln Park neighborhood is set to rise on the former Children’s Memorial Hospital site.

    09 May 2017 15:22
  • CMBS Delinquencies

    Retail properties had the largest decline, at $639 million, while office decreased by $518 million.

    19 June 2017 18:10
  • JV Opens Dallas Apartments

    Novare Group and Batson-Cook Development Co. completed Victory Place, a 25-story community with 352 units. Located near uptown in the Victory Park neighborhood, the project is across the street from American Airlines Center.

    17 May 2017 08:16
  • Renters Looking to Live Green: AMLI Survey

    The company's first Sustainable Living Index showed that 84 percent of residents find living in a green home important to them, while 64 percent are even willing to pay a higher rent for sustainable features.

    21 September 2017 18:09
  • Pennrose Hires Veteran as VP of Operations

    Barry Weaver will provide leadership to regions in eastern Pennsylvania and New Jersey. He has more than 25 years of experience in multifamily property management.

    09 May 2017 13:51
  • On the Market: 5 Interesting Listings for the Week of 5/8

    This week's listings include a Phoenix garden-style community for $1 million and a well-designed urban property in Portland.

    12 May 2017 16:49
  • Resident Attraction

    Multifamily occupancy stood at 95.5 percent at the end of June, according to Yardi Matrix data, with rents continuing to climb, though at a reduced rate from the headier years of the post-recession recovery.

    08 September 2017 10:49