News

Apartment market conditions continued to weaken in the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions for April 2023, as the Market Tightness (31), Sales Volume (26), Equity Financing (23), and...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of 4000 Hulen, a 240-unit apartment asset in Fort Worth, Texas. “Built in 2015, the property performed exceptionally well over the past...

JLL Capital Markets announced that it has hired industry professional Reina Abboud as a Senior Director with the firm’s Washington, D.C. office. She will focus on debt advisory in the Richmond and Virginia Tidewater markets...

ECI Group (ECI) announces the sale of The Columns at Paxton Lane apartments at 4305 Paxton Lane in Southeast Gwinnett County to InterCapital Group for an undisclosed price. The 296-unit community was developed by...

Fannie Mae’s April economic and housing forecast reduces the depth of the predicted downturn in multifamily housing starts, although it leaves the timing of the downturn largely unchanged. Multifamily starts forecast rises The current forecast for...

Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler announced the sale of The Prescott at Concord, a 350-unit apartment community in Concord, Massachusetts. CBRE represented the seller, an...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 93-unit apartment property located in New York, New York. The...

The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 1.9 percent in March from their level of the month before. While this was again the largest...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Aspire Lakewood Apartments, a 96-unit multifamily asset built in 1969...

“Through the pursuit of beauty we shape the world as a home and in doing so we both amplify our joys and find consolation for our sorrows,” said Sir Roger Scruton in his 2009...

The overregulation of American housing markets began in the nation’s coastal, educated, productive enclaves. Over time, how-ever, barriers to building have spread. Tony suburbs of Phoenix and Austin, which once left their builders free...

If there is one word that best describes what’s impacting today’s multifamily market it’s uncertainty says National Apartment Association CEO Robert Pinnegar. In the wake of the Federal Reserve’s seven interest rate hikes that began...

A recent report by the Urban Land Institute has shined a light on recent growth in renter-by-choice households that is setting the past few years apart from prior cycles. The number of renters with...

The growing plan to save NYC’s public housing is heating up. In 2023, workers will finish renovations at thousands of public housing apartments in New York City. That might sound like a lot—but it’s just a...

WOTUS: Supreme Court On January 18, U.S. EPA and the Army Corps of Engineers issued a final WOTUS rule that will overlap with a forthcoming U.S. Supreme Court ruling that will define jurisdictional waters under...