Legacy Partners and AFL-CIO Building Investment Trust Open Kaulana Mahina Apartments in Maui
Legacy Partners, a privately held national real estate firm, and AFL-CIO Building Investment Trust, announced the opening of Kaulana Mahina Apartments, a 324-residence community in the Central Maui community of Wailuku, Hawai’i.
Designed as “workforce...
The character trait of competence
When most people think of character, there is a list of attributes or “traits” that comes readily to mind. Some of the more common ones might be honesty, responsibility, patience, perseverance, loyalty, and courage....
Meta Housing Corp and R.D. Olson Construction Starts Work on Affordable Housing Project The...
Meta Housing Corp has broken ground on a new 238k square-foot, seven-story affordable housing apartment complex in the western San Fernando Valley community of Woodland Hills known as The Alcove. The project is being...
Northmarq’s Multifamily Investment Sales Team Brokers Sale of 88-unit The Flats at 9338 Apartment...
Northmarq’s San Antonio Multifamily Investment Sales team led by Zar Haro, Moses SillerBryan VanCura, Phil Grafe, Brian Booth, Rudy Dodier and Kevin Garza brokered the sale of an 88-unit multifamily property in the Northeast...
Blackstone making $10 billion multifamily purchase
Acquisition of AIR Communities is Blackstone’s largest transaction in the multifamily market.
Blackstone has agreed to acquire an owner of upscale apartment buildings for about $10 billion, signaling that one of the world’s largest real...
MassHousing Arranges $50M in Financing for Substantial Property Improvements for the Clarendon Hill Towers...
Residents living at the 501-unit Clarendon Hill Towers Apartments in Somerville, Massachusetts near Cambridge will have affordable rents preserved and see approximately $13 million in property improvements as a result of $50 million in...
Multifamily property prices down again in March
CoStar reported that its value-weighted index of multifamily property prices fell 1.0 percent month-over-month in March, the seventh decline in a row. This index was down 11.0 percent year-over-year.
The value-weighted index of non-multifamily commercial...
Northmarq Brokers Sale of Regatta Apartment Homes in San Antonio
Northmarq’s San Antonio Multifamily Investment Sales team led by Zar Haro, Moses Siller, Bryan VanCura, Phil Grafe, Brian Booth, Rudy Dodier and Kevin Garza. successfully facilitated the sale of Regatta Apartment Homes, a 200-unit...
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 •...
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...
Garden Communities Delivers Signature Apartment Building One Legacy Place in East Brunswick
Garden Communities has delivered One Legacy Place, the signature multifamily address at Legacy Place, the company’s new, luxury mixed-use development in East Brunswick, New Jersey.
“One Legacy Place is the centerpiece of our community,” said...
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...
Construction jobs market cools in March
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in March was 8.49 million. This was reported to be down 325,000...
What to consider when buying property management software
Operating an apartment community is nearly impossible without the help of property management software. Choosing the right property management software is essential.
With the property technology market bursting at the seams, how can operators determine...
Kennedy Wilson and Haseko Corporation Team Up in $90M Purchase of The Farmstead and...
A real estate fund managed by Kennedy Wilson has partnered with Haseko Corporation on a $90 million multifamily buy in Vancouver, Washington. The venture acquired a two-property, 350-unit ($257k/unit) portfolio consisting of The Farmstead...
