Multifamily mortgage originations fall in Q2
A Mortgage Bankers Association (MBA) report on mortgage originations shows that, while multifamily mortgage originations fell in the latest quarter, they held up better than did originations for other commercial property types.
Setting a baseline
The...
January NMHC Quarterly Survey shows little overall change
Apartment market conditions were mixed in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for January. The Market Tightness (46) and Equity Financing (50) indexes showed little change in those conditions...
HFF closes $228 million sale and arranges $126.9 million financing of Meridian at Pentagon...
Holliday Fenoglio Fowler, L.P. (HFF) announces it has closed the $228 million sale and $126.9 million financing of Meridian at Pentagon City, a 534-unit, two-tower multi-housing property in Arlington, Virginia.
HFF marketed the property exclusively...
CBRE sells Country Club Garden Apartments to The Hamilton Company for $59.5 million
CBRE announced the sale of Country Club Garden Apartments located at 57 Mill Street in Woburn, Massachusetts, for $59,550,000.
CBRE Capital Markets’ multihousing experts Simon Butler and Biria St. John exclusively represented the seller, Ninety Three...
DB Capital acquires second multifamily property in Denver Metro in a month, expanding its...
DB Capital Management (DB Capital) has acquired its second multifamily asset in the Denver metro in the last month with the purchase of Gardens on Paris, a 149-unit apartment community is Aurora, Colorado, for...
NMHC and apartment data providers to release key data on the impact of the...
Beginning on April 8 and continuing on a weekly basis for the duration of the COVID-19 outbreak, NMHC, in partnership with the leading apartment data providers, will release weekly metrics assessing the overall effect...
Following court ruling, HUD moving forward on amending affirmatively furthering fair housing regulations
In the wake of a federal court decision upholding the U.S. Department of Housing and Urban Development’s approach to rule-making, HUD Secretary Ben Carson today announced that HUD intends to move forward in amending...
FCP provides $43.8 million in preferred equity for multifamily in New York, Georgia and...
FCP announces $43.8 million in preferred equity has been invested through its Structured Investments platform in three multifamily properties in New York, Georgia, and Florida. The investments include apartment communities The Wel, an existing property...
Rents continue slide in November
The latest rent report from Apartment List shows that the national average rent growth in November remained negative for the third consecutive month. Rents fell 1.0 percent month-over-month. Year-over-year rent growth remained positive, with...
Rent Payment Tracker: payments up slightly from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 76.6 percent of apartment households made a full or partial rent payment by January 6 in its survey of almost 11.3 million units of...
NMHC, NAA release apartment industry’s 2021 policy priorities
The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) released the apartment industry’s 2021 policy priorities.
On behalf of the apartment industry and our residents, NMHC and NAA are focusing on issues that...
Stos Partners expands its multifamily holdings with acquisition of San Diego community
Stos Partners, a privately held commercial real estate investment firm, recently acquired an 18-unit multifamily property in the North Park-Cherokee Point submarket of San Diego in an off-market transaction as part of a strategic...
Marcus & Millichap Announces $6.79 Million Sale of Plaza 170
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Plaza 170 in North Miami Beach, Florida. The property sold for...
Institutional Property Advisors closes core Dallas apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Alexan Henderson, a 321-unit apartment property in the Knox-Henderson neighborhood of Dallas, Texas.
“Alexan Henderson’s luxury apartments and townhomes mirror the...
ABI Multifamily brokers East Phoenix 155-unit multifamily apartment community for $34.275 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $34,275,000 / $221,129 Per Unit / $354.10 Per SF sale of Tides on 50th Apartments,...
