The RADCO Companies announces sale of two-community portfolio in Spartanburg, SC to GoldOller and...
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of a two-community, 700-unit portfolio in Spartanburg, SC to GoldOller and National Property REIT Corp, a portfolio company...
MLG Capital invests in San Antonio market with purchase of Class A Pecos...
MLG Capital announced its acquisition of the Pecos Flats apartment community, located in the Westover Hills area of San Antonio at 1210 Hunt Ln. The Class A, 384-unit multi-family apartment complex is MLG’s first property...
Multifamily assets sold in Tampa by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of San Juan Apartments, a 4-unit apartment property located in Tampa, Fla.,...
Rent delinquencies down in latest Pulse Survey
The latest version of the Census Bureau’s Pulse Survey shows that the portion of renters who are current on their rent payments is up since we last reported on the survey results.
What is the...
Institutional Property Advisors brokers luxury multifamily asset sale for $117 million in Northeast Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Montreux, a 335-unit luxury mid-rise apartment asset in the Desert Ridge master-planned community of Phoenix, Arizona. The property sold for...
Jobs market growth stalls
The Employment Situation Report for February from the Bureau of Labor Statistics (BLS) shows little change in employment in jobs categories of interest to builders and operators of multifamily housing.
Total employment
The BLS reported that...
Victory: Court sets aside the CDC’s ban on evictions
A federal judge ruled that the Centers for Disease Control and Prevention overstepped its authority in issuing a nationwide eviction ban. The ruling is a victory for a group of Ohio landlords and the...
MF industry responds to Congresswoman Marcia Fudge’s confirmation as HUD Secretary
Marcia L. Fudge was officially sworn in as the eighteenth Secretary of Housing and Urban Development.
Secretary Fudge took the oath the evening of March 10 after the Senate voted to confirm her. As Secretary...
Marcus & Millichap arranges the sale of Minns Apartments in Machesney Park, Illinois
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Minns Apartments, a 36-unit apartment property located in Machesney Park, IL,...
Cushman & Wakefield arranges $101.25 million sale on behalf of Amzak Capital Management and...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of a five-property portfolio totaling 1,011 apartment units located in Orlando and Tampa. The final sale price was $101.25...
Independence Towers in the greater Kansas City area purchased
JLL Capital Markets announced that it completed the $6.95 million sale of the Independence Towers, a 123-home, mid-rise apartment community located in Independence, Missouri, which is part of the greater Kansas City metropolitan area.
JLL...
Student housing dormitory near University of Kansas sells
JLL Capital Markets announced that it handled the sale of Naismith Hall, a student housing dorm-style community totaling 504 beds, located on campus at the University of Kansas in Lawrence, Kansas.
JLL represented the seller,...
Rent Payment Tracker: Payments up from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.4 percent of apartment households made a full or partial rent payment by March 6 in its survey of 11.6 million units of professionally...
Luxury North Central San Antonio multifamily sale brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Edge & Stone, a newly constructed 335-unit multifamily property in San Antonio, Texas.
“Edge & Stone’s lease-up performance—an average of 30-to-40...
Joint venture purchases Harbour Court Apartments in Portland
JLL Capital Markets announced that it handled the sale of Harbour Court, a 99-unit apartment community in Portland, Oregon.
JLL represented the seller, Harbour Court Owner LLC, an affiliate of the ConAm Group, in completing...
