National

Berkadia announced the financing of three seniors housing communities located in Washington, North Carolina, and California. Managing Director Jay Healy of Berkadia Seniors Housing & Healthcare secured the financings on behalf of the borrowers. In...

The Employment Situation Report from the Bureau of Labor Statistics stated that overall employment growth bounced back in November after last month’s collapse. In addition, last month’s employment level was revised higher in this...

The latest rent report from Apartment List shows that the national median monthly rent growth in November was -0.82 percent. Year-over-year rent growth was -0.62 percent. Rents have fallen on a year-over-year basis since...

Trepp reported that special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans moved higher for the fourth month in a row in November, jumping 116 basis points. The overall CMBS special servicing rate...

Providence-based Gilbane Development Company formed a strategic partnership with CBRE Investment Management (CBREIM) involving six purpose-built student housing properties across the country. The transaction included recapitalization of three operational communities through a GP-led secondary...

AION Partners, a national real estate owner and operator of workforce multifamily housing, has partnered with Vintage Strategies at Goldman Sachs Alternatives and a global institutional investor to recapitalize the AION 12 Portfolio of...

RealPage announced Friday, December 6 that the U.S. Department of Justice (DOJ) notified them that the DOJ was dropping its criminal investigation of RealPage for its multifamily rental housing pricing practices. The civil suits...

Trepp reported that delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans rose sharply in November, more than reversing last month’s decline. The overall CMBS delinquency rate also rose, climbing another 42 basis points...

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in October was 7.74 million. This was reported to be up 372,000...

The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in October was up 0.16 percent from the revised level of the month before. Spending on...

CoStar reported that its value-weighted index of multifamily property prices rose 1.4 percent month-over-month in October. This index was down 7.1 percent year-over-year. Note that the month-over-month price movement reported by CoStar varies significantly from...

According to the Yardi Matrix Fall 2024 student housing report and webinar, the strong getting stronger is an emerging theme among the Yardi 200. Yardi tracks the performance of 1.15 million student...

Size and location are factors when it comes to student housing property performance, according to the 2024 Fall report and podcast by Yardi Matrix on November 21. Yardi Matrix expects another great...

CoreLogic reported that their single-family rent index (SFRI) for September rose 2.0 percent from its year-earlier level. This is down 0.4 percentage points from last month’s reported year-over-year rent growth rate and is down...

Avenue, a full-service real estate development, construction and investment group focused on innovative wellness-centered properties in healthcare, senior living and active adult, announced the appointment of Matthew Gorman as its new Chief Investment Officer...