Nation’s home builders elect leadership for 2021
Members of the National Association of Home Builders (NAHB) elected four senior officers to top leadership positions within the federation at the conclusion of this week's NAHB Winter Leadership Meetings.
With more than 700 affiliated state and...
January apartment market conditions show mixed results
Apartment market conditions showed mixed results in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for January 2021, as the industry continues to grapple with the ongoing COVID-19 pandemic. While the...
The Praedium Group acquires transit-oriented Gateway Arvada Ridge in Arvada, Colorado
The Praedium Group, a New York-based national real estate investment firm, announced the acquisition of Gateway Arvada Ridge in the Arvada submarket of the Denver MSA. Lindsay Schuckman, Vice President of The Praedium Group,...
DB Capital Management builds Austin, Texas holdings with acquisition of 422-unit apartment portfolio
Multifamily investment firm DB Capital Management has made its largest investment in Austin, Texas with the acquisition of a three-property apartment portfolio totaling 422 units.
The properties located in North Austin were built between 1980...
ABI Multifamily brokers 240-unit Tempe apartment community for $42.75 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $42.75 million / $178,125 Per Unit / $231.39 Per SF sale of Sanctuary on Broadway,...
Kyle Naye joins Cityview as senior director of aquisitions
Cityview, a vertically integrated real estate investment management firm focused on multifamily and mixed-use real estate in the Western U.S., today announced the addition of Kyle Naye as the firm’s senior director of acquisitions....
HUD nominee Marcia Fudge to push for rental assistance, affordable housing amid coronavirus crisis
If confirmed as secretary of housing and urban development, Rep. Marcia L. Fudge (D-Ohio) will confront the immediate challenge of keeping millions of Americans from losing their homes amid the coronavirus pandemic, while also...
55+ housing community near Minneapolis sold for $18.75 million
JLL Capital Markets announced that it handled the $18.75 million sale of The Estates at Arbor Oaks, an Active Adult 55+ Community near Minneapolis, Minnesota.
JLL worked on behalf of the seller, Estates of Arbor...
Rent delinquencies continue to grow in January
The latest version of the Census Bureau’s Pulse Survey once again shows that an increasing portion of renters are falling behind on their rent payments.
Taking our pulse
The Pulse Survey is an experimental program that...
Power Hitters with Steve Lawson
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Steve Lawson, Chairman of Lawson Companies.
NAHB names Global Innovation Awards finalists
The National Association of Home Builders (NAHB) has announced the finalists for the 2020 Global Innovation Awards. The awards recognize the most advanced, cutting-edge and original products, services and homes from the United States and around the...
Institutional Property Advisors closes Seattle luxury multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Modera Jackson, a five-story contemporary mixed-use apartment community with 160 residential units and 8,069 square feet of street-level retail in...
Interra Realty brokers pair of multifamily transactions totaling $5 million on Chicago’s Northwest Side
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of two multifamily properties on Chicago’s Northwest Side for a combined $5.12 million.
In the first transaction, Interra Managing Partner...
12 multifamily asset sales valued at $535 million closed by Institutional Property Advisors’ Northern...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced that in the fourth quarter of 2020, its Palo Alto, California-based multifamily team brokered the sales of 12 assets totaling 1,552 units valued...
Institutional Property Advisors closes 294-unit multifamily asset in Connecticut
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Westville Village Apartments, a 294-unit apartment complex in New Haven, Connecticut.
“New Haven’s ongoing growth in the educational, biotech and medical...
