News

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $14.5 million in permanent loans for two Seattle multifamily properties, Perch and Trailside Apartments, financing both with fixed...

The Dallas-based office of Trez Capital announces the closing of a loan for Salt Lake City-based Lotus Company to build the second phase of its newest multifamily development, Republic. Building upon the success of phase...

In October 2023, President Biden issued an executive order on the safe development and use of artificial intelligence (AI). It directed the HUD secretary to issue guidance on the use of AI in resident...

Trepp reported that delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans fell in April, declining 51 basis points. Overall CBMS delinquency rate higher For delinquencies, Trepp focuses on loans that are 30 or more days...

Halpern Real Estate Ventures (HREV) recently hosted Jersey City Mayor Steven Fulop and a cadre of esteemed guests, marking the official opening of Birch House, the newest residential addition to the city’s reinvigorated West...

Jim Chapman Construction Group (JCCG), a leading general contractor specializing in build-to-rent, has started horizontal land development at The Cottages at Capital Circle in Tallahassee, Florida. "Breaking ground on The Cottages at Capital Circle in...

Muinzer, a leading real estate investment firm specializing in student housing, alongside capital partner T2 Capital Management, announced the acquisition of Evergreen Auburn near Auburn University. The property was recently renovated with modern amenities, including...

The Employment Situation Report from the Bureau of Labor Statistics stated that April employment levels in 3 of the 4 multifamily-related job categories we track rose from the preliminary levels reported last month despite...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 194 East 2nd Street, a 62-unit elevator building with approximately 10,000...

Ford E.C., a leader in inventive construction solutions, is proud to have been a crucial partner in addressing Los Angeles' housing crisis through its recent contribution to the Northeast New Beginnings Community project in...

NAS Investment Solutions (NASIS), a national sponsor of high-quality real estate investment properties, sold all available investment equity in the company's latest multifamily investment property, Broadway Apartments, in just sixty days from the date...

2000 Lake Washington, a 186-unit multifamily community in Renton, Washington traded hands in a $53.2 mil ($286k/unit) transaction. The asset was sold by New York Life Real Estate Investors, represented by CBRE. The property consists...

Unprecedented apartment supply is dampening favorable demand trends, according to RealPage Analytics. Many owners report lease-up demand does not feel strong at the property level, despite positive demand. Year-over-year national apartment demand tripled...

The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in March was down 0.61 percent from the revised level of the month before. Spending on...

NexPoint Residential Trust, Inc. announced the closing of the sale of Radbourne Lake Apartment Homes in Charlotte, North Carolina, a 225-unit property built in 1991. Radbourne Lake Apartments features comfortable one-, two-, and three-bedroom apartments...