Remodeling industry confidence is strong despite COVID-19
The National Association of Home Builders (NAHB) released its Remodeling Market Index (RMI) for the fourth quarter of 2020, posting a reading of 79. The finding...
Housing starts end 2020 strong; Risks ahead
While housing starts ended the year on a strong note, rising lumber prices and increasing regulatory cost concerns could affect future production. Led by a solid,...
MF industry associations respond to President Biden’s extension of the Eviction...
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) appreciate President Biden’s prompt and well-intended action to address the ongoing financial...
Builder confidence down on rising material prices, upsurge in COVID-19 cases
Rising material costs led by a huge upsurge in lumber prices along with a resurgence of the coronavirus across much of the nation pushed builder confidence...
ABI Multifamily brokers 160-unit Northwest Phoenix apartment community for $24.25 million
ABI Multifamily—the leading multifamily brokerage and advisory services firm in the Western US—is pleased to announce the $24.25 million / $151,563 Per Unit /...
Universe Holdings acquires historic multifamily community in Hollywood for $6.9 million
Universe Holdings has acquired, Villa Valentino, an historic 18-unit multifamily community in Hollywood, CA for $6.9 million. Built in 1926, the property at 2000 N....
Kidder Mathews creates client services role, appoints veteran CRE professional Paul...
Kidder Mathews, the largest independently owned commercial real estate firm on the West Coast, has promoted Paul Klink to President of its new Client...
Westmount Realty Capital hires seasoned multifamily veteran Scott Ferguson as senior...
Westmount Realty Capital, LLC is pleased to announce that Scott Ferguson has joined the national real estate investment firm as Senior Director–Multifamily Acquisitions. Ferguson...
The nation’s best
The National Association of Home Builders (NAHB) defines excellence in the multifamily home industry. For over two decades this recognition has noted the “significant...
The weary world rejoices
And in despair I bowed my head: There is no peace on earth, I said, For hate is strong, and mocks the song Of peace on earth,...
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Rate Desk Wednesday, November 18, 2020
November 18, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. HUD requirements tightening in response to record submissions. Requiring complete applications...
Multifamily mentorship
There are some people in this world who are never going to get along well because of differences in personality, opinions, work ethic—any number...
Chicago law firm Ginsberg Jacobs provides outlook on affordable housing
Though Congress retained the Low-Income Housing Tax Credit (LIHTC) as part of its tax policy overhaul, the decision to also lower the corporate tax...
Xfinity Communities expands multifamily solutions portfolio and strengthens managed WiFi offering
Xfinity Communities, the Comcast division serving multifamily properties and residents, has strengthened its managed Select WiFi offering and overall solutions portfolio with its successful...
Apartment cleaning service expands business model
Lapa Lopa, an innovative cleaning service exclusively for apartments, has launched a new app for cleaners, whether individuals or cleaning companies. Operating in the...
