Sunday, May 19, 2024

News

Madison Place Luxury condominium community in Madison, NJ receives LEED Silver Certification

Madison Place, the brand new collection of 35 luxury condominium residences just steps from the heart of vibrant downtown Madison, announced today that it has received Leadership in Energy and Environmental Design (LEED®) Silver...
Bella Encanta

Newly Constructed Arizona Build-to-Rent Development Bella Encanta Lands $66M Bridge Loan

Bela Flor Communities has obtained a $66 million bridge loan for Bella Encanta, a 212-unit build-to-rent (BTR) community located in Mesa, Arizona. Over half of the units are leased and occupied at the property,...
Vida at Morgan Hill

MBK Rental Living Announces Kickoff of Pre-Leasing at Luxury Rental Community in Morgan Hill

MBK Rental Living, one of California’s most successful and innovative private developers, announced that pre-leasing is underway at Vida at Morgan Hill, a new, Class-A, 389-unit, three-story residential community. “At MBK Rental Living, we’re proud...
multifamily developer confidence

Multifamily developer confidence in negative territory in Q4

Confidence in the market for new multifamily housing was in negative territory in the fourth quarter of 2023, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home...
Athens Reserve Apartments

The Multifamily Group brokers 122 unit vacant hotel in Athens, Texas

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced that it had facilitated the sale of the former Quality Inn & Suites in Athens, Texas. Advisor Greg Miller represented the buyer. Profectus...

Construction delays and high costs persist, but conditions may begin to improve

The December edition of the NMHC Quarterly Survey of Apartment Construction & Development Activity found small improvements in terms of the share of respondents experiencing construction delays and deals being repriced up, but conditions...
Folly Brook Manor

Institutional Property Advisors brokers sale of Hartford County Condominiums

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Folly Brook Manor, a 184-unit property. “Historically an investor-owned condominium rental housing, Folly Brook Manor is now wholly owned by one...
Apex on the Highline

DB Capital increases Denver holdings with $31 million acquisition of Aurora, Colorado apartment complex

Multifamily investment firm DB Capital Management (DB Cap) continues to build its Denver portfolio with the $31 million acquisition of Apex on the Highline (Apex), a 138-unit multifamily property in Aurora, Colo. The acquisition of Apex furthers DB...
Lake Jonathan Flats

Lake Jonathan Flats in growing Minnesota submarket purchased for $30 million

JLL Capital Markets announced it has closed the $30 million sale for Lake Jonathan Flats, a multihousing property totaling 117 units and located in Chaska, Minnesota, about 25 minutes southwest of Minneapolis. JLL worked on...

55+ housing market shows continued strength in second quarter

Builder confidence in the single-family 55+ housing market continued to be in positive territory in the second quarter of 2018, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) which was released...
Glen Hollow

48-unit multifamily asset sells in Tallahassee

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Glen Hollow, a 48-unit apartment property located in Tallahassee, Florida, according...
Rick Ofman

Kiser Group announces promotion for North Side advisor Rick Ofman to Director

Kiser Group, Chicagoland’s leading multifamily brokerage firm, announces a new promotion. Rick Ofman has been promoted to Director after five years with the company. As Director, Rick will continue to specialize in the sale...
903 Adams Street

Levin Johnston facilitates six multifamily transactions totaling nearly $19 million in California Bay Area...

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has successfully closed six multifamily transactions in the Bay...
NAHB Power Hitters with Robert Freedvideo

NAHB Power Hitters with Robert Freed

 Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Robert Freed, Chief Executive Officer of SummerHill Housing Group. Transcript: NAHB Power Hitters interview. Linda Hoffman with Robert Freed, chief executive office of...
NAHB Power Hitters with Greg Anderson part 2video

NAHB Power Hitters with Greg Anderson part 2

 Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Greg Anderson, SVP of Shea Properties. Transcript: NAHB Power Hitters interview. Linda Hoffman with Greg Anderson, recorded August 26, 2021 (music)  Linda Hoffman: We’ve had...
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