Friday, May 3, 2024

News

Forest Village and Woodlake

Cushman & Wakefield arranges sale on behalf of Saban Real Estate

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Forest Village and Woodlake, two student housing/conventional apartment community hybrids totaling 352 units or 704 beds located in...

Apartment industry offers housing stability support for residents impacted by COVID-19

America’s renters and housing providers are facing unprecedented financial hardships due to the outbreak of COVID-19 and are struggling to meet their financial obligations. As the financial distress from the outbreak of COVID-19 continues, the...
1910-NW-29th-St

Marcus & Millichap Facilitates $2.8 Million Sale of Miami Multifamily Properties on 29th Street

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of two multifamily apartment buildings in Miami, Florida located at 1910 and...
4108 E Broadway

Stepp Commercial completes $2.66 million sale of 6-unit apartment property in Belmont Heights neighborhood...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.66 million sale of a six-unit apartment property located at 4108 E. Broadway in Long Beach’s Belmont Heights neighborhood. Principal...

Property professionals see former retail premises as biggest untapped resource for new residential housing...

Two-thirds (66 percent) of property professionals in the UK believe former retail premises could be the biggest untapped resource for new residential development, according to a survey by MRI Software, a global leader in...

Another 147 micro apartments planned for Austin

Transwestern Development Co. (TDC) today announces the acquisition of a 0.56-acre site at 817 W. 12th St. in Austin, Texas, to develop its third micro-unit community in the market. Located across from the newly...

Racing to the dealership: Baby Boomers and Millennials show off their credit savvy in...

When consumers need loans for auto purchases, understanding their own credit risk situation matters. In its latest consumer automotive survey, Equifax Inc., a global information solutions company, analyzed automotive shopping and buying behaviors across...
District Flats Off Dobson

Institutional Property Advisors completes apartment asset sale in Phoenix’s East Valley

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of District Flats Off Dobson, a 112-unit apartment property in Mesa, Arizona. The $18.2 million sales price equates to $162,500 per...
job openings

Job openings remain high in November

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings at the end of November was 10.46 million, up from the preliminary...

Prism putting finishing touches on Edison Lofts building at Edison Village in Downtown West...

This spring, Prism Capital Partners’ is putting the finishing touches on the Edison Lofts building at Edison Village, its industrial-to-residential redevelopment of the historic Thomas Edison Invention Factory and Commerce Center in West Orange,...
Everstead at Conroe

Landmark Properties Starts Construction on The Everstead at Conroe, a 190-Unit Build-to-Rent Community in...

Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, announced it has acquired a 23.5-acre development site and has begun construction on The Everstead...
The Loop Conroe

JLL arranges sale, financing of Conroe, Texas, apartment property

JLL Capital Markets announce that it has closed the sale of and arranged acquisition financing for The Loop Apartments, a 188-unit, Class A luxury apartment community in Conroe, Texas. JLL marketed the property exclusively on...

Yardi Matrix reports on rent growth

Yardi Matrix released its March 2020 report on the multifamily housing market. The report largely captures the state of the market shortly before the onset of the COVID-19 virus and the extraordinary reactions that...

The Michaels Organization Educational Foundation awards $1 million in college scholarships

​​​​​​It was the urban farm in her Legends South community that first sparked Gertrude’s interest in horticulture and the idea that gardening could be therapeutic. Three years later, Gertrude, 56, will be heading to Oakton Community...

Industry associations respond to Supreme Court WOTUS ruling

In Sackett v. EPA, the Supreme Court ruled 9-0 that the Clean Water Act only applies to wetlands that have a continuous surface connection to bodies that are waters of the United States (WOTUS)....
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