News

 July 14, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Millennials surpass boomers as largest cohort and adjusting to the suburban shift with wholistic community developments. Rate Desk notes July 14, 2020 ...

The Bureau of Labor Statistics (BLS) released its producer price index report for June 2020. It showed that overall prices for processed goods for intermediate demand rose by 0.9 percent. A 7.2 percent jump...

A prime parcel of 11 acres strategically positioned between San Francisco and Silicon Valley has been purchased by Pulte Homes for redevelopment into a residential neighborhood of 190 homes, according to Cameron Fowler of...

Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the acquisition of Fields Waterford Point, a 334-unit multifamily community located in Lithia...

The U.S. Green Building Council (USGBC) announced the recipients of the annual LEED Homes Awards. The awards recognize LEED-certified residential projects that are positively impacting communities through sustainable, healthy and resilient design, as well...

 July 13, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Making sure your properties are fully compliant for all accessibility requirements. Rate Desk notes July 13, 2020 DOW up, NASDAQ, S&P down ...

NexMetro Communities has hired William Hulton to oversee land acquisition and development of its new single-family rental neighborhood projects in Central Florida. The company recently closed on its first parcel in the greater Tampa...

The Bureau of Labor Statistics (BLS) recently released its Job Openings and Labor Turnover (JOLT) report for May. It shows how the jobs market is responding to the economy being reopened after the COVID-19...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Liberty Crossing, a 95-unit multifamily asset in Salt Lake City, Utah. “The underlying dynamics of the Salt Lake City investment market...

Jonathan H. Brinsden, chief executive officer of Houston-based real estate investment and development firm, Midway, has been appointed as ULI Americas Chairman. Brinsden, who succeeds Jack Chandler, founder of Majesteka Investment Holdings, will serve...

The California Secretary of State has designated the state’s latest rent control initiative as Proposition 21. Also known as the Rental Affordability Act, it will appear on the November General Election ballot. The measure...

JLL Capital Markets announced that it has arranged a $34.25 million refinancing for Element 28, a 101-unit, best-in-class boutique apartment building with 3,500 square feet of ground-floor retail space in Bethesda, Maryland. JLL worked on...

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 77.4 percent of apartment households made a full or partial rent payment by July 6 in its survey of 11.4 million units of professionally...

 July 7, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. When deciding between agency versus HUD/FHA financing, focus on the right solution for business plan. Rate Desk notes July 7, 2020 Indices...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $17 million deconversion sale of 2730-66 Hampton Parkway, a 91-unit multifamily building near Northwestern University in Evanston, Ill. The property...