University of Cincinnati student housing development secures joint venture equity
JLL Capital Markets announced that it has secured joint venture equity for the development of Four Corners, a 404-bed / 136-unit student housing development adjacent to the University of Cincinnati.
JLL represented premier national developer,...
Capital Square acquires Class A multifamily community near Miami for DST offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Parkland Apartments, a 396-unit Class A multifamily community in the...
Ronda Puryear named 2023 NAA Chair
Ronda Puryear, CAM, CPM, Management Services Corporation, has begun her term as 2023 National Apartment Association (NAA) Chair. She will be the fourth woman to chair NAA’s Board of Directors and was installed at...
$73.8 million in construction financing secured for Bakers Place in Madison
JLL Capital Markets announced that it has arranged the $73.83 million construction financing for Bakers Place, a 206-unit, mass timber, luxury apartment project in Madison, Wisconsin.
JLL worked on behalf of the borrower, a partnership...
New EPA rules will discourage critically needed housing production
The National Apartment Association and the National Multifamily Housing Council express their disappointment in a regulation the EPA issued re-defining and expanding what “waters of the U.S.” means under the Clean Water Act.
While the apartment...
Kiser Group closes Edgewater mixed-use building for $9.2 million
Kiser Group, Chicagoland’s leading mid-market multifamily brokerage, announces the closing of a 52-unit mixed-use property located in the Edgewater neighborhood of Chicago. Directors Andy Friedman and Jake Parker, along with Managing Broker Lee Kiser...
Capital Square promotes Mark Mercado to Executive Vice President, Investment Programs & Operations
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the promotion of Mark Mercado to executive vice president, investment programs and operations.
“I...
An inside job
Only by contact with evil could I have learned to feel by contrast the beauty of truth and love and goodness. —Helen Keller
There’s a lot of unhappiness out there. Certainly there are legitimate reasons...
The housing boom is already over. The housing shortage will continue.
As mortgage rates have risen this year, the buyer demand for homes has fallen. That has spelled trouble for the home construction business. Homebuilder confidence dropped for the tenth straight month in October. The...
U.S. household wealth sees second-fastest decline since 1959
Household wealth in the United States fell by its second-fastest pace in history in the first three quarters of the year, but was buoyed by a positive performance in real estate, according to a...
Congress targets institutional investors
In December, Oregon Senator Jeff Merkley introduced a new piece of legislation to his colleagues aimed at limiting hedge fund ownership of residential housing.
“Everyone should have a safe, affordable place to call home,” said...
Tight fuel supplies. Faltering grid. What could go wrong?
As the snow flies and temperatures plummet, regulatory agencies and analysts alike warn that residents in multiple states are at an elevated risk of dangerous winter blackouts.
Areas like Texas, the Great Lakes region, New...
Relive history
A historic school in Chambersburg, Pennsylvania, will serve generations to come as an apartment complex.
The old Mary B. Sharpe Elementary School was sold at auction for $600,000 according to John F. Kohler Jr. of...
The backlash against ESG investing is here
Environmental, social and governance, or ESG, investing grew rapidly in recent years, with vigorous promotion from many large asset managers and generally positive media attention.
The honeymoon for ESG has ended this year, with high-profile...
Predictions for 2023
Next year will bring a moderate economic recession by October, negative annual rent growth of 1 to 5 percent, and increasing levels of real estate investor/manager distress predicts fund manager Origin Investments, specializing in...
