Builders call on Congress to address housing affordability challenges
As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, builders are urging Congress to address America's housing affordability challenges.
"Removing regulatory barriers that contribute to the increased costs of housing will pave the...
Two Nashville Yards Residential Towers The Everett and The Emory to Begin Leasing This...
Southwest Value Partners and StreetLights Residential, development partners of two multi-family residential towers under construction at Nashville Yards, announced that leasing will begin this summer. Named The Everett and The Emory, the 34- and...
Neology Development Group’s Fourteen Allapattah Residences Apartments Tops Off in Miami
Neology Development Group, led by CEO and Founder Lissette Calderon, has officially topped off the construction of Fourteen Allapattah Residences, Neology’s third lifestyle-driven residential community in one of Miami’s most dynamic emerging neighborhoods, Allapattah.
Fourteen...
Draper and Kramer expands Texas multifamily portfolio with acquisition of 374-unit Crest at Las...
Draper and Kramer, Incorporated, a national real estate services firm, today announced it has expanded its Texas multifamily portfolio with the acquisition of Crest at Las Colinas Station, a 374-unit luxury rental community in...
Santa Cruz County and MidPen Housing Celebrate Grand Opening of 57 Affordable Homes at...
Community partners and public- and private-sector stakeholders gathered to celebrate the grand opening of Bienestar Plaza Apartments, a development of MidPen Housing.
Resident amenities include a community room with kitchen, a learning center, a multipurpose...
CBRE Arranges Sale of Multifamily Property on South Street in Anaheim
CBRE announced the sale of a seven-unit multifamily property located at 406 East South Street in Anaheim, California to a private investor for $2,525,000. The selling price represents $360,714 per unit and $388 per...
Trion Properties successfully sells two upgraded west coast multifamily assets totaling 108 units
Trion Properties, a private equity real estate firm that specializes in value-add multifamily investments along the west coast, recently sold two renovated multifamily communities totaling 108 units in Los Angeles, California, and Beaverton, Oregon,...
Colliers International announces sale of Lake Village in Chesapeake
Colliers International is pleased to announce the sale of Lake Village, a multifamily community located at 908 Lake Village Drive in Chesapeake. The property was sold to Ritz Banc Group from Lawson.
“We always enjoy...
Kidder Mathews Promotes Linda Fairchild, RPA® to EVP of Operations for Asset Services
Kidder Mathews is pleased to announce that Linda Fairchild, RPA® has been promoted to Executive Vice President of Operations for Asset Services.
Linda Fairchild has over 25 years of experience in third-party property management, development,...
Parkview Financial provides $28.5 million loan for hotel conversion project to feature 351 apartment...
Parkview Financial announced it has provided a $28.5 million loan to CS-ICM 5, LLC for the conversion of a former 436-key hotel and resort property into a 351-unit apartment complex with retail and restaurant...
$71.75 million buys award-winning suburban Phoenix multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Alta San Marcos, a 273-unit apartment complex in Chandler, Arizona. The property sold for $71.75 million, or $262,821 per unit....
Cushman & Wakefield’s arranges $27.45 million multifamily sale for Panther Residential Management
Cushman & Wakefield has arranged the $27.45 million sale of Fern Parc, a 343-unit apartment community located in Huntsville, Alabama. Jimmy Adams and Craig Hey of Cushman & Wakefield’s Birmingham, Alabama, office represented the...
Dominium to Resyndicate Oaks at St. John with $5.5 Million Renovation
Dominium, a leading affordable housing owner, developer and manager announced the re-syndication of Oaks at St. John, a 160-unit family property in Ponte Vedra Beach, Florida.
Dominium will renew the property’s affordable housing status while...
Recovery in senior housing continues in Q3
An NIC Map Vision summary of the fundamentals of the senior housing industry reports that they are continuing to improve as the recovery from the pandemic continues.
Segmenting the market
The senior housing market is highly...
FHA releases 2019 annual report to Congress
The Federal Housing Administration (FHA) released its 2019 Annual Report to Congress on the economic condition of the agency’s Mutual Mortgage Insurance Fund (MMI Fund). FHA reports that at the end of Fiscal Year...
