News

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...

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...

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,...

Integrated design-driven real estate firm Optima, Inc. has received final village board approval for Optima Lumina, a 128-unit luxury residential building in downtown Wilmette, Illinois on Chicago’s North Shore. The six-story building features one- to...

MMG has closed the sale of 5580 W 4th Avenue a 13,890 square foot multifamily property in Lakewood, Colorado for the sale price of $3,225,000. Benton Adams of MMG brokered the transaction. This property features...

Guardian, a leader in the Pacific Northwest in multifamily operations, development, and investment, is pleased to announce the hiring of Josh Lloyd as Chief Operating Officer. In this new role, Lloyd will lead the...

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...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Apex Apartments, a 135-unit apartment property located in Whitewater, Wisconsin. “The...

McGrath Real Estate Partners is pleased to announce the successful approval of a zoning change for approximately 50 acres of land located on CR 300 (Oxford Way), allowing for the development of a new...

NeighborWorks® Housing Solutions (NHS), the leading housing service provider in southern Massachusetts, partnered with several organizations to celebrate the ribbon-cutting of the City of Attleboro’s first-ever adult emergency shelter and permanent supportive housing development...

Marcus & Millichap, a leading provider of commercial real estate capital markets financing solutions, arranged $7,034,000 and $6,545,000 for the refinancing of Canyon Crest Apartments and Hawthorne Chateau Apartments, two multifamily properties located in...

Fannie Mae’s November housing forecast calls for multifamily housing starts to bottom out at the end of 2024 and then to steadily increase through the rest of the forecast horizon. Despite the growth, the...