Saturday, May 4, 2024

News

Vida at Morgan Hill

MBK Rental Nearing Completion of Construction on New 389-Unit Multifamily Community Vida at Morgan...

Vida at Morgan Hill, a new, Class A, 389-unit, three-story residential community in the Silicon Valley city of Morgan Hill, has been completed and is now leasing. The project, a development of MBK Rental...
Verde

Construction Nearing Completion on New 254-Unit Multifamily Tower Verde in San Francisco’s Mission Rock...

Verde, a new 254-unit multifamily development in San Francisco’s Mission Rock neighborhood, has been completed and has now begun leasing. Verde is the second residential tower to be completed at Mission Rock. Designed by award-winning...
Pointe at Lakewood Ranch

JBM Exclusively Lists The Pointe at Lakewood Ranch Luxury, 55+ Active Adult Community in...

JBM® Institutional Multifamily Advisors has exclusively listed The Pointe at Lakewood Ranch – a brand new, class A, luxury 55+ active adult, four-story mid-rise community. The Pointe at Lakewood Ranch has a comprehensive amenity package...
Livana

Kushner Launches New Luxury Apartment Brand Livana in Two Locations Across New Jersey

Kushner, a renowned real estate developer, owner and operator, announced the launch of Livana, a new apartment living brand aimed at meeting the increasing demand for sophisticated rental options and an aspirational lifestyle. As Kushner...
Hoboken Mixed-Use

Marcus & Millichap Facilitates $6.1M Sale of Mixed-Use Property in Downtown Hoboken

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 11,120-square-foot mixed-use property in Hoboken, New Jersey, for $6.1 million. "Hoboken...
Champions Vue

JAG Management Company Adds Another Luxury Community to Florida Portfolio with Champions Vue

JAG Management Company, the third-party management division of Jefferson Apartment Group (JAG) has been selected to manage Champions Vue, a 326-unit Class A mid-rise multifamily community in Davenport, Florida. Champions Vue is the third RST...
The Ivy

BNE Real Estate Group Delivers Upscale Rental Living to Desirable Borough of Chatham with...

The Ivy, the brand-new luxury rental community in the Borough of Chatham, New Jersey, has leased more than 50 percent of its residences, developer BNE Real Estate Group announced. The Ivy reached the important milestone...
The Aurora Worcester

MassHousing Closes on $9.6M in Financing for the Renovation and Extension of Affordability at...

MassHousing has closed on $9.6 million in affordable housing financing to The Community Builders (TCB) for the renovation and extension of affordability at the 85-unit The Aurora in downtown Worcester. TCB plans approximately $10.8 million...
Crossroads Apartments

Institutional Property Advisors Brokers Sale and Arranges Financing for Crossroads Apartments in Suburban Salt...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Crossroads Apartments, a 240-unit multifamily asset in West Valley City, Utah. “The Salt Lake City metro area continues to grow its...
NAHB Multifamily Pillars of the Industry Awards

NAHB Multifamily Pillars of the Industry Winners 2023

The National Association of Home Builders (NAHB) Pillars of the Industry award winners are in. Yield Pro is honored to present the nation’s best. Best high-rise apartment community 10 stories plus Carlyle Crossing Alexandria, Virginia 18-STORY • 741 UNITS •...
Landlords rarely escape the machinations of politics. Just how far will tinkering with free markets go this election cycle?

INFOGRAPHIC: Grinding housing into votes

download pdf Landlords rarely escape the machinations of politics. Just how far will tinkering with free markets go this election cycle? In an election-year effort to shift responsibility for the nation’s high costs of living away...
In February, multifamily distress hit its highest level in 18 months, increasing by 80 basis points over the previous month, according to CRED iQ, which tracks and analyzes data and valuations of more than $2 trillion in commercial real estate (CRE).

2024 could be the year of the distressed deal

Investors are finally starting to take advantage of distress in the multifamily sector, even though the huge wave of distress pundits predicted last year failed to materialize. In February, multifamily distress hit its highest level...

Is the U.S. dollar finished?

In August 2005, a little-known financial analyst named Richard Bove issued an eight-page report for Punk, Ziegel, and Company, a boutique investment bank based in New York City. The report, titled “This Powder Keg Is...
Revolutionary technologies adopted during the pandemic are becoming standard in the multifamily industry.

PropTech scales up

Revolutionary technologies adopted during the pandemic are becoming standard in the multifamily industry. Technologies that property managers rushed to implement during COVID are now part of their everyday lives. Prospective apartment renters can take self-guided tours...
After more than 10 years, the U.S. Green Building Council (USGBC) is putting out a new LEED (Leadership in Energy and Environmental Design) rating system.

LEED’s bold green overhaul

After more than 10 years, the U.S. Green Building Council (USGBC) is putting out a new LEED (Leadership in Energy and Environmental Design) rating system. According to the authors, LEED v5 is more than just...
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