News

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $5,925,000 for the refinancing of Madison Park, a 36-unit multifamily property in Torrance, California. Michael Derk, executive...

Yardi Matrix reported that the national average asking apartment rent was down $4 in December compared to the revised level of the month before at $1,742 per month. The national average year-over-year asking apartment...

The Employment Situation Report from the Bureau of Labor Statistics stated that overall employment growth continued to be strong in December. In addition, the employment levels all 4 multifamily-related job categories we track showed...

CoStar reported that its value-weighted index of multifamily property prices rose 1.4 percent month-over-month in November. However, this index was down 5.2 percent year-over-year. The month-over-month price movement reported by CoStar varies significantly from that...

Parkland Residential announces land development is underway at Sugarloaf Crest, a 5.2-acre Gwinnett County build-to-rent (BTR) community featuring 67 stacked townhomes. The community is located at 3535 Sugarloaf Parkway in Lawrenceville, Georgia. The rear-entry stacked...

Avatar Financial Group LLC (“Avatar”), a leading Seattle-based national bridge lender specializing in commercial real estate, has provided a $56-million loan that will help to bring Williams Village, one of the largest anticipated infill...

Good + West Residential is proud to announce that its latest development, Perch Denton, has been honored with the Multi-Housing News (MHN) Excellence Award for Design and Development in Single Family Rentals. Good + West...

Dominium, a leading housing owner, developer, and manager announced that it has closed a deal to acquire land for the development of Sandoval Flats, a new affordable housing community in Rio Rancho, New Mexico. Dominium...

Dominium, a leading national affordable housing owner, developer, and manager, announced the acquisition of land in Holiday, Florida with plans to construct a new affordable housing community. Located at 2638 Aquaview Lane, Cobia Cove...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 7300 South May Street and 7800 South Throop Street, two multifamily...

The U.S. Department of Housing and Urban Development (HUD) announced the completion of a $60.2 million Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Atlanta to expand affordable housing...

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company (TCC), and JV partner Mitsui Fudosan America (MFA) have broken ground on a 215-unit, Class A, luxury residential community in Scottsdale, Arizona. The three-story...

Center Park Group, in partnership with The Berry Company (TBC) and Batson-Cook Development Company (BCDC), is excited to announce the start of development on Berkshire on Clements Ferry. Berkshire on Clements Ferry will feature 192...

Freddie Mac (OTCQB: FMCC) issued $56 billion of securities through its multifamily risk transfer platform in 2024, transferring interest rate risk, liquidity risk and the majority of expected credit risk away from U.S. taxpayers...

CP Capital, a leading U.S. real estate investment manager specializing in multifamily investments, has announced the sale of Hathon – a 190-unit apartment community located in Medway, Massachusetts, a suburb of Boston. “The multifamily sector...