Power Hitters with David Ward
NAHB POWER HITTERS Host Michael Thomas talks with David Ward, executive vice president of development of the publicly traded REIT, MAA—the nation’s largest private apartment owner with over 100,000 units. MAA is also the...
Small landlords hit by COVID-19
A survey by the Terner Center for Housing Innovation and the National Association of Hispanic Real Estate Professionals (NAHREP) examined the impact of the COVID-19 epidemic on the mostly small landlords who are members of...
Marcus & Millichap appoints Steve Degennaro Chief Financial Officer
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the appointment of Steve DeGennaro as Chief Financial Officer effective August 17, 2020. DeGennaro...
Fannie Mae announces new measures to support residential tenants
Fannie Mae has remained committed to assisting residential tenants in Fannie Mae-financed multifamily rental housing who are facing financial hardship due to the COVID-19 pandemic. In support of the announcement by the Federal Housing...
CGI Real Estate Investment Strategies announces Kasia Mays as first chief operating officer
CGI Real Estate Investment Strategies has named luxury hotel industry veteran Kasia Mays as Chief Operating Officer, furthering its commitment to building a multifamily brand that places emphasis on lifestyle and hospitality, announced company...
How COVID is impacting the multifamily business in California
IMN recently put on a webinar discussing the impact of the pandemic on the business of providing multifamily housing in California. The webinar set a very ambitious number of topics to be discussed, especially...
Rents recover (somewhat) in July
Yardi Matrix released its July 2020 report on the multifamily housing market. The report shows some recovery in rents for the multifamily rental housing market nationally, but wide variations between metro areas exist. The rent...
Rate Desk Wednesday, August 5, 2020
August 5, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Capital markets and deals are in motion. What definition does your lender use for property replacement costs for casualty insurance? Rate Desk...
Kiser Group brokers $2.85 million in West Side affordable multifamily sales
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered two separate multifamily transactions on the west side of Chicago. 1015 N. Pulaski sold for $1,900,000, and 4301 W. Gladys sold for $950,000. 1015 N. Pulaski...
Sale and financing secured for San Antonio apartment complex
JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for the Park at Rialto, a newly constructed, 274-unit, garden-style multihousing community built by GenCap Partners, Inc. in the...
Next Wave Investors sells 98-unit luxury multifamily community in Las Vegas after completing strategic...
Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, has sold Harlow Luxury Apartments, a 98-unit Class A luxury multifamily community in Las Vegas, Nevada. The asset was...
Dunleer sells fully renovated apartment asset, The Oxford Hollywood, for $410,000 per unit
Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $2.05 million sale of The Oxford Hollywood, a fully occupied five-unit apartment property located at 1020 N. Oxford Avenue in Los...
Rate Desk Friday, July 31, 2020
July 31, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. What does the future hold for Transit Oriented Development (TOD) as ridership shifts toward biking over public transit? Rate Desk notes July...
93.3 percent of apartment households paid rent as of July 27
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 93.3 percent of apartment households made a full or partial rent payment by July 27 in its survey of 11.4 million units of professionally...
Rental housing law in Colorado
Nexus Commercial Realty recently presented a webinar outlining legislation being considered which affects multifamily housing. While the focus of the webinar was on legislation pending in Colorado, many of the issues being discussed there...
