News

Since 1990, the National Association of Homebuilders (NAHB) has sponsored the Pillars of the Industry Awards to recognize excellence in apartment and condominium design and development, interior merchandising and superior property management and marketing....

West Shore LLC, a multifamily real estate investment firm, continues to expand with the acquisition of The Sovereign, a luxury apartment community in Fort Worth, Texas. This is West Shore’s fifth acquisition in Texas,...

NMHC and Entrata announced a new partnership to release key benchmarks on the student housing industry. National and regional (Midwest, Northeast, South, Southeast, West) data will be updated on a monthly basis with the...

The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced that it will publish a rule that prohibits the eviction of tenants facing eviction for nonpayment of rent from HUD-subsidized public housing...

The Census Bureau’s report on residential construction spending shows that the value of residential construction put in place in August was up 24 percent year-over-year but up only 0.4 percent month-over-month. Improvements lead growth The reported...

SB Real Estate Partners (SBREP) has acquired East 3434 Apartments, a Class B, 128-unit garden-style apartment community located in Phoenix, Ariz., for $27.5 million. The property has been renamed Portola at Papago, and SBREP...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of two apartment assets in Phoenix, Arizona. They are 51-unit Novella at Biltmore and 36-unit Novella at Arcadia. “Both assets are boutique,...

Full-service multifamily investment, management and development firm MC Companies has secured more than $72.7 million through the refinance of four Class A and B multifamily properties in Arizona and Oklahoma. The capital will be...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $11,019,000 / $216,059 Per Unit / $203.40 Per SF sale of Cornell Apartments, a 51-unit...

 Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Gregory Peek, President of ERGS, Inc. Transcript: NAHB Power Hitters interview. Linda Hoffman with Gregory Peek, recorded September 30, 2021 (music) Linda Hoffman: Today I...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced the sale of Brookview Apartments, a 96-unit apartment property located in Peoria, Illinois, according...

Middleburg Communities (Middleburg), a Vienna, Virginia-based real estate investment, development and management firm, announces the acquisition of Peppertree Apartments, soon to be rebranded Vesta Creeks Run, in North Charleston, South Carolina for $37.1 million....

Trez Capital announced the closing of a bridge loan in excess of $30 million to Denver-based CRE Development Investments, led by Leon Cisneros for the lease-up and stabilization of Art District Flats, a new mixed-use...

JLL Capital Markets announced that it has closed the sale of Lago Paradiso at the Hammocks, a 424-unit, garden-style multihousing community in the suburban neighborhood of Kendall in Miami-Dade, Florida. JLL marketed the property on...

TruAmerica Multifamily has grown its Texas portfolio to nearly 1,500 apartments in less than nine months with its first acquisition in San Antonio, the 270-unit The Estates at Canyon Ridge for $46.7 million. The Estates...