Waterton acquires 330-unit apartment community in Cypress, Texas
Waterton, a U.S. real estate investor and operator, today announced it has acquired Carrington at Barker Cypress, a 330-unit rental community at 7202 Barker Cypress Road in Cypress, Texas – approximately 25 miles northwest...
Ryan Companies announces promotion of Jim McDonald to senior vice president of real estate...
Ryan Companies US, Inc. Great Lakes Region announced today the promotion of Jim McDonald to Senior Vice President of Real Estate Development. McDonald has demonstrated skillful delivery in challenging developments and has contributed outstanding...
Millennials leading the growth of new home buyers
As the housing industry celebrates New Homes Month in April, recent data from the Census Bureau confirms that millennials are increasingly entering the housing market as first-time buyers. The homeownership rate of millennials--now at 36 percent--registered the largest...
HUD commemorates Fair Housing month and 50 years of the Fair Housing Act
Nearly 50 years ago, President Lyndon Johnson signed the Civil Rights Act of 1968 and fair housing became law. In signing the landmark measure, President Johnson declared, “Now, with this bill, the voice of...
Rents continue their downward slide into April 2018
Bucking last year’s trends, national median one-bedroom rent prices continue their downward trend into April. In 2017, April marked the beginning of a hot summer market. But in 2018, following five months of increases...
2018’s states with the best and worst taxpayer ROI
With Tax Day approaching, WalletHub today released its latest analysis of the U.S. tax landscape, an in-depth look at the states with the Best & Worst Taxpayer Return on Investment in 2018. WalletHub used...
Walters Group builds The Ponds at Jackson Twenty-One as “Dream” Village takes shape
Walters Group is nearing completion on the first eight-unit residential building at The Ponds at Jackson Twenty-One with occupancy slated for May. When completed, the 88-unit income-restricted community will be part of a much...
Inovonics Introduces the EN7580 TapWatch Gateway and TapWatch Cloud
Inovonics, an industry leader in high-performance wireless sensor networks, announces the release of its new EN7580 TapWatch Gateway and TapWatch Cloud, providing multifamily housing property owners and utility billing companies with the reliability of...
Rising rents push Millennials to become homeowners
Forty-four percent of all respondents are looking for a three-bedroom home; 93 percent want at least two bathrooms Twenty-three percent of millennials reported rising rent as a trigger for their purchase More than...
First Sound Bank appoints Christopher Green as vice president, private banker and cash management...
First Sound Bank announced the appointment of Christopher Green as Vice President, Private Banker and Cash Management Officer. Green brings more than 15 years of experience in the financial services industry, most recently serving...
IPA sells two Connecticut multifamily assets for $62.65 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Middletown Brooke and Middletown Ridge, a two-property, 518-unit multifamily portfolio located in the Westlake District of Middletown, Connecticut. The portfolio...
Two decorated townhome models and design center open at Lexington Pointe in the heart...
Chicago-based Lexington Homes has announced the grand opening of two decorated models at Lexington Pointe, a new community of 58 townhomes in downtown Des Plaines. An on-site design center, with a full-time design consultant,...
Dominium begins construction on East Range Crossings
Dominium, a leading apartment owner, developer and manager, with regional headquarters in Denver, announced today that it will begin construction on East Range Crossings, a 252-unit affordable housing development in Denver, Colo. Dominium will begin...
Resource Apartment REIT III, Inc. purchases Tramore Village
On March 22, Resource Apartment REIT III, Inc., through a wholly owned subsidiary, completed the purchase of Tramore Village in Austell, Georgia. Built in 1999, the 324-unit community features numerous amenities, including two swimming...
Banks must get serious about technology to capitalize on potential home equity boom, J.D....
With the number of American consumers expected to take out a home equity line of credit (HELOC) projected to double to 10 million over the next five years, lenders need to improve their digital offerings...
