Tag: News
Standard Communities completes its largest acquisition, bringing 3,200 affordable units into its portfolio
Standard Communities, a major national affordable housing developer and investor, has acquired controlling interest in an affordable housing portfolio of nearly 3,200 units in...
New study finds rent increases in purpose-built student housing linked to broader U.S. rental...
A new study from the National Multifamily Housing Council's (NMHC) Research Foundation examines the purpose-built student housing market's role in overall escalating college costs. The...
Thompson Thrift sells The Grove Apartment Community in Grand Rapids
Thompson Thrift, a full-service nationally recognized real estate company, announced the sale of The Grove, a 320-unit Class A multifamily community in Grand Rapids....
NMHC and NAA urge Congress to deploy tax policy to create more affordable housing...
Tax policy is a critical tool that can be used to address the nation’s housing affordability crisis. National Multifamily Housing Council (NMHC) President Sharon...
Marcus & Millichap brokers the sale of a 30-unit Coral Springs apartment building for...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Fairway...
Weather insurance rates on the rise
Yardi Matrix has released a research bulletin describing changes coming to the weather damage insurance market, and to insurance rates, for commercial property in...
Single-family market share continues to shift from large population centers
While nationwide single-family housing starts have slowed in the past year, the largest drop on a percentage basis is occurring in the most dense...
Capital Square acquires build-for-rent townhome community near Raleigh for DST offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of...
$10.5 million refinancing secured for Los Angeles affordable housing development
JLL Capital Markets announced that it has arranged $10.5 million in construction takeout refinancing for Park Place at Jordan Downs, an 80-unit affordable housing...
Looming multifamily oversupply expected to be short-lived
While the delivery of a near-record 716,000 new multifamily housing units in the U.S. over the next two years will create a short-term oversupply,...
CBRE arranges $7.8 million sale of 204-unit development site in Farmington, Connecticut
Representatives of CBRE, led by Jeff Dunne, Simon Butler, Biria St. John, Eric Apfel, Stuart MacKenzie, John McLaughlin, and Brian Bowler announced the $7.8...
Fannie Mae partners with multifamily industry to launch 2023 Multifamily Energy and Water Survey
Fannie Mae announced that it has launched the 2023 Multifamily Energy and Water Survey, a national effort to collect and analyze whole property energy...
Sale of age-restricted community in Milwaukee closes
JLL Capital Markets announced that it has closed the sale of and acquisition financing for the Oaks of Shorewood, a 101-unit luxury, age-restricted (55+)...
Institutional Property Advisors negotiates Greater Phoenix multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Mountain Park, a 240-unit multifamily asset in the Ahwatukee Foothills...
Institutional Property Advisors brokers sale and arranges financing for Dallas multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of The Lex, a 144-unit multifamily asset in the...
