Monday, December 23, 2024

News

Forum at Grand Prairie

Cushman & Wakefield Arranges Sale of Forum at Grand Prairie Near Dallas Fort Worth

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Forum at Grand Prairie, a 304-unit multifamily community located in Grand Prairie, Texas. "Forum at Grand Prairie provided a...
West Rancocas

Universe Holdings Acquires West Rancocas Multifamily Property in New Jersey for $33.6M

Universe Holdings (Universe) has acquired Mi-Place at West Rancocas, a 108-unit multifamily asset in Mount Holly Township, New Jersey. Universe continues to expand its portfolio beyond California with a focus on selected markets on the...
Far West Apartments

JLL Arranges Loan for Far West Apartments in the Affluent Northwest Hills Neighborhood of...

JLL Capital Markets announced that it has secured construction financing for Far West Apartments, a 321-unit, Class-A multifamily community in Austin, Texas. JLL represented the borrower, Central Southwest Texas Development, in arranging the ten-year, floating-rate...
Erin McGough

South Shore Habitat for Humanity Names Erin McGough New Executive Director

South Shore Habitat for Humanity is pleased to announce that Erin McGough has been selected as the organization’s new executive director. In this role, Erin McGough will lead the Habitat team toward achieving their mission...
Oak Meadows

Dominium to Resyndicate Oak Meadows with $5M Renovation

Dominium, a leading affordable housing owner, developer and manager announced the resyndication of Oak Meadows in Cocoa, Florida. Dominium will renew the property’s affordable housing status while beginning a $5 million rehabilitation of the...
Trailhead at Chisholm Trail

Cerris Builders Brings New Multifamily Living to South Fort Worth with the Completion of...

Cerris Builders (formerly MW Builders), a national general construction company specializing in preconstruction, design-build, general construction and construction management, has completed Trailhead at Chisholm Trail, a new luxury multifamily community located within South Fort...
Gables Queen Anne

Gables Residential Expands into Seattle with the Opening of Gables Queen Anne

Gables Residential, a leader in multifamily development and management, is excited to announce its expansion into the Pacific Northwest with the opening of Gables Queen Anne, a premier apartment community in Seattle’s historic Queen...
Livano Knoxville

Capital Square Marks Construction Milestone with Topping Out of Livano Knoxville Multifamily Opportunity Zone...

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced the topping out of Livano Knoxville, a 348-unit, Class A multifamily...
Cottages of Aspen

JLL Facilitates the Sale of 114-Unit Townhome Community, the Cottages of Aspen, Nestled on...

JLL Capital Markets announced that it has secured the sale and financing of Cottages of Aspen, a 114-unit townhome community in Oakdale, Minnesota. JLL represented the seller, Podawiltz Development Corporation. The Cottages of Aspen offers residents...
multifamily property price growth

CoStar: multifamily property prices higher in October

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...

Yardi Matrix looks at student housing trends for Fall 2024

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 in student housing performance

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...
falling SFR rent growth rate

SFR rents rise, but more slowly

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...
The Retreat at Tampa

Landmark Properties Partners with Stockbridge to Acquire The Retreat at Tampa in Florida

Landmark Properties, a fully-integrated real estate firm specializing in the development, construction, acquisition, investment management, and operation of high-quality residential communities, has partnered with Stockbridge, a real estate investment management firm, to acquire The...
Stellar at Emerald Hills

Berkadia Negotiates Sale of Multifamily Property Stellar at Emerald Hills in Fort Lauderdale

Berkadia announced the sale of Stellar at Emerald Hills, a 197-unit apartment community located between Fort Lauderdale and Hollywood in Dania Beach, Florida. Senior Managing Directors Roberto Pesant and Jaret Turkell, Senior Director Yoav Yuhjtman,...
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