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....
Rent Payment Tracker: Payments up from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 79.2 percent of apartment households made a full or partial rent payment by February 6 in its survey of 11.6 million units of professionally...
Reserve at Waterford Lakes in Charlotte sold to Eller Capital Partners
JLL Capital Markets announced that it closed the $21.75 million sale of the 140-unit Reserve at Waterford Lakes multihousing property in Charlotte, North Carolina.
JLL represented the seller in completing the sale to the buyer,...
Parkview Financial provides $27.5 million construction loan for a 178-unit apartment community in Vancouver,...
Parkview Financial announced it has provided a $27.5 million construction loan to Hurley Development for the development of Kestrel Park Apartments, a 178-unit apartment community located at 15306 NE Fourth Plain Road in Vancouver,...
Jonathan Rose Companies acquires Piedmont Apartments in Oakland
Jonathan Rose Companies, LLC, a leading investment manager with expertise in green affordable and mixed income acquisition and development, through its Rose Affordable Housing Preservation Fund V (the Fund), has closed on the administrative...
Institutional Property Advisors completes $56.4 million apartment asset sale in the Southeast Valley of...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Indigo Springs, a 240-unit multifamily asset in Mesa, Arizona. The property sold for $56.4 million, or $235,000 per unit.
“The Southeast...
Orlando apartments sold, $46.2 million of acquisition financing secured
JLL Capital Markets announced that it has arranged the sale and $46.2 million acquisition financing of Grandewood Pointe, a garden-style apartment property located in Orlando, Florida.
JLL represented the seller, Bluerock Real Estate, in arranging...
Sunrise multifamily asset sold 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 Sunset Apartments, a 54-unit apartment property located in Sunrise, Florida, according...
Dallas executive Rick Graf serves as 2021 NAA Chairman
Dallas real estate executive Rick Graf, President, Multifamily, Asset Services at Cushman & Wakefield, has begun his term as 2021 National Apartment Association (NAA) Chairman.
Graf has more than 40 years of real estate management...
