Record-high lumber prices are hammering housing affordability
Soaring lumber prices are adding thousands of dollars to the cost of a new home, pricing out millions of potential home buyers and impeding the residential construction sector from moving the economy forward, according to the National...
Cushman & Wakefield arranges $13.75 million sale on behalf of ATS Investments and Cedar...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Lions Gate, a 144-unit apartment community located in Mauldin, South Carolina. The final sale price was $13.75 million.
Tai...
Rents show signs of stabilizing in January
The latest rent reports from Yardi Matrix and Apartment List show positive rent growth for the country as-a-whole in January.
Rents rise in January
Yardi Matrix reported that the national average apartment rent rose $3 (0.2...
American Landmark Apartments acquires two multifamily communities near Atlanta
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has added 692 units to its portfolio with the acquisitions of The Knolls Apartments and The Crossings Apartments, two multifamily communities in...
15-unit chateau view sells in Ft. Lauderdale for $2.2 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Chateau View, a 15-unit apartment property located in Fort Lauderdale, FL,...
Multifamily housing down in 2021 but will rebound in 2022
Regulatory and supply-side challenges coupled with slowing rent growth and rising vacancy rates will weaken the multifamily construction market in 2021. However, the development market should stabilize by 2022, according to economists from the National Association of Home...
Berkadia arranges sale and financing of 128-unit apartment community in St. Louis, Missouri
Berkadia announces it has arranged the sale and financing of Turtle Creek, a 128-unit Class A multifamily asset in St. Louis, Missouri. Managing Director Ken Aston and Senior Director Andrea Kendrick of Berkadia’s St....
$172.9 million in financing secured for 1,334 multihousing units across the U.S.
JLL Capital Markets announced that it has arranged $172.9 million in financing for 14 multihousing properties, totaling 1,334 units, located throughout the U.S.
JLL worked on behalf of multiple southern California-based borrowers to originate the 14...
NMHC expands, strengthens its commitment to diversity, equity and inclusion in the multifamily industry
The National Multifamily Housing Council (NMHC) announced new programs and resources dedicated to building on NMHC’s work for the past decade promoting diversity, equity and inclusion as a multifamily business imperative key to innovation...
Avanath Capital Management enters Orange County market; Acquires 85-unit senior housing community in Garden...
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has announced its entrance into the Orange County market with the acquisition of The Grove Senior Apartments, an 85-unit senior...
NAHB identifies top features and design trends for 2021 in the wake of COVID-19
After declining for four years, a number of key trends-including the average size of the home and the number of bedrooms and bathrooms-reversed course in 2020 as a result of shifting buyer preferences in the wake of...
Power Hitters with Walter Hughes
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Walter R. Hughes, CIO of Humphreys & Partners Architects.
Housing an economic bright spot but regulatory, affordability challenges persist
As the country continues to rebound from the impact of the COVID-19 pandemic, housing has been a bright spot in the economic recovery. And while the home building industry is poised for another solid year in 2021,...
38-unit Regency Hill Apartments in Woodbury fetches $230,000 per unit
JLL Capital Markets announced it handled the $8.725 million sale of the 38-unit Regency Hill Apartments located in Woodbury, Minnesota, part of the Minneapolis-Saint Paul metropolitan area.
JLL represented the seller, Bigos and Williams-Regency Hill,...
$25.75 million multifamily asset sale brokered by Marcus & Millichap in Birmingham, Alabama
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Park at Forestdale, a 486-unit multifamily asset in Birmingham, Alabama....
