Wednesday, November 20, 2019

Pacific region

Pacific region includes: Alaska, California, Hawaii, Oregon and Washington

MAG continues its rapid growth with industry veteran Marcelino “Tito” Estrada as regional vice...

Multifamily Ancillary Group (MAG), the industry leader in revenue-generating ancillary services for multifamily owners and managers, has continued its momentum announcing the addition of Marcelino “Tito” Estrada as its Regional Vice President. Estrada brings more...

Investor’s latest sweetheart: workforce housing

There is expected demand for an additional 4.5 million new apartments in the U.S. by 2030, according to data from the Workforce Housing Committee of the National Multifamily Housing Council, Washington. What’s more, deal activity...

Legacy Partners and AIG joint venture close on Hayward development site

Legacy Partners (Legacy), a privately owned national real estate firm, in a joint venture with American International Group, Inc., announced today the acquisition of a 1.78-acre development site located at 28168 Mission Boulevard in...

TMG Partners names Matt Concannon partner

TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, today announces Matt Concannon has joined the firm as Partner. “Matt will immediately be involved in our complex developments, particularly utilizing his construction...

The Wolff Company announces development of modern senior living community in Kirkland

The Wolff Company—a Scottsdale-based private equity firm and senior living developer will soon break ground on Revel Kirkland, a contemporary active senior living apartment community located on the 12-acre former LifeBridge Church site in...

Wind at our back

The new tax system, which was reformed for the first time in 32 years in December, strips away some of the long-standing benefits that would incentivize Americans to become homeowners. “This is definitely a tailwind...

The push for rent control

In November 2018, election ballots in California might include a question on rent control. Right now, California law restricts the spread of rent regulations on housing built after 1995, in addition to many older...

The high cost of incivility

The nasty looks and belittling comments reached a point at law firm Bryan Cave, in Irvine, Calif., that the partners held a civility workshop. Managing partner Stuart Price says working together toward a common goal...

New KTGY-designed mixed-use transit-oriented development with apartments and retail in South San Francisco moves...

International award-winning KTGY Architecture + Planning announced today that the new KTGY-designed mixed-use community at 988 El Camino Real in South San Francisco developed by SummerHill Apartment Communities received unanimous approval by the City...

Wag! and Greystar bring on-demand dog walking and sitting to six Los Angeles apartment...

Wag!, the country’s largest on-demand mobile dog walking and dog care app, today announced that it will provide its services and custom amenities to residents of six Los Angeles apartment communities managed by Greystar. This alliance...

Forest City: Deal or no deal?

Forest City Residential Group (Forest City Realty Trust), no. 26 on NHMC’s top 50 apartment owners for 2017, would not confirm/deny rumors that the company is in talks with Toronto-based Brookfield Asset Management in...

California’s answer to its housing crisis

With high demand on top of inadequate supply, the meaning of “affordable” in the most desirable locations can be difficult to gauge. According to the U.S. Department of Housing and Urban Development (HUD) definition,...

TMG Partners wins unanimous approval to develop 750,000-sf creative office in uptown Oakland

TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, last night received unanimous approval from the Oakland Planning Commission on their proposed office development at 2201 Valley in Oakland at the...

TruAmerica acquires multifamily communities in Denver and Orlando in separate transactions totaling $126 million

TruAmerica Multifamily has acquired in separate transactions, Loretto Heights, a 312-unit apartment community in Denver, CO for $72.25 million and Legends at Lake Mary, a 272-unit apartment community in Orlando, FL for $54 million. Following...

Why millennials are (partly) to blame for the housing shortage

The rush of young people to U.S. cities over the past few years is partly to blame for America’s worsening housing shortage. In some of the country’s largest and most prosperous markets, such as New...
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