Monday, May 12, 2025

News

Rêve at Encanto West

Development is Underway at Trilogy Investment Co.’s BTR Community Rêve at Encanto West in...

Trilogy Investment Company, a leader in Build-To-Rent (BTR) community development, announces that site development has commenced with utility construction underway at Rêve at Encanto West in Avondale, Arizona just outside of Phoenix. This 84-townhome BTR...
Corwyn Conyers

ECI Group Celebrates Opening of The Corwyn Conyers in Conyers Georgia

ECI Group (ECI) with joint venture partner, The Griffin Fund, recently celebrated the grand opening of the newly-developed, 300-unit, The Corwyn Conyers apartment community in Conyers, Georgia just outside of Atlanta. ECI Development Vice President,...
Highlands at Silverdale

Russell Square Secures Temporary Certificate of Occupancy for Highlands at Silverdale Apartments

Russell Square has secured the temporary certificate of occupancy (TCO) for its latest development, The Highlands at Silverdale in Washington. This new community, situated on a sprawling 26-acre site, boasts breathtaking views of Dyes...
The Maxwell

Carter Funds Announces Completion of Development Project The Maxwell in Rome Georgia

Carter Funds announces the completion of The Maxwell, a state-of-the-art multifamily residential community in Rome, Georgia. In partnership with the developer, Gateway Development Corporation, the project delivered 200 thoughtfully designed apartment homes ahead of schedule and...
The Junction

BWE Secures Financing for The Junction Texas State University Student Housing

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured financing for the purchase and improvement of The Junction, a 152-unit, 488-bed student housing community located adjacent to Texas State...
Allegra at Cocoa

Carter Funds Commences New Multifamily Development Allegra at Cocoa in Florida

Carter Funds is pleased to announce their next multifamily construction project, Allegra at Cocoa, located near Cocoa Beach which is set to break ground in 2024. In collaboration with The Brownstone Group, the development partner...
NICHE

Wingspan Development Group and ABC Capital Corp. Grand Open NICHE, a 251-Unit Rental Community...

Wingspan Development Group and ABC Capital Corp. recently held a grand opening for NICHE, a new six-story, 251-unit apartment community in Tampa’s North Hyde Park neighborhood. NICHE offers studios with Ori transformable furniture, as well...
Uptown Queen Anne Apartments

Kidder Mathews Sells 60-Unit Uptown Queen Anne Apartments for $19.9M

Uptown Queen Anne Apartments, a mid-rise apartment building with 60 units and two commercial spaces located at 315 1st Avenue W. in Seattle, has sold for $19,900,000. Jerrid Anderson and Winslow Lee of the Simon...
Kenmore Avenue

Interra Realty Brokers $5.07M Sale of 30-Unit Multifamily Property on Kenmore Avenue in Chicago’s...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 30-unit rental property at 5051 N. Kenmore Avenue, in the city’s Uptown neighborhood, for $5.07 million, or...
Maverick Trails

Marcus & Millichap Facilitates Sale of Multifamily Portfolio in Statesboro Georgia with Maverick Trails...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Deerwood and Maverick Trails Apartments, a two-property 96-unit multifamily portfolio in...
forecast

Multifamily starts predicted to pick up in 2025

Fannie Mae’s May economic forecast calls for multifamily housing starts to reach their low point in Q2 2024 and then to rise, if unevenly, through the end of 2025. Single-family housing starts are expected to...
MSCI reports falling multifamily property prices

MSCI: Multifamily property prices fall in May

The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 1.0 percent in May from their level of the month before. This is more than last month’s...
single-family rental

SFR rent growth rate declines in April

CoreLogic reported that their single-family rent index (SFRI) for April rose 3.0 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...
Fort Greene

Tredway Announces the Acquisition and Preservation of Seven-Property Affordable Portfolio in Fort Greene Brooklyn

Tredway, an affordable and mixed-income real estate developer that builds and preserves high-quality, high-opportunity housing, and ELH Mgmt. LLC, announced the acquisition of a seven-building portfolio in Brooklyn's Fort Greene neighborhood. Concurrent with the acquisition,...
Union Block Apartments

Peabody Properties Continues Expansion of Portfolio with Union Block Apartments in Taunton Massachusetts

Peabody Properties, an affiliate of The Peabody Companies, a group of award-winning property management and real estate firms now celebrating its 48th anniversary, is excited to announce the addition of Union Block Apartments, developed...
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