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...
The next generation of office communication tech
Most knowledge workers in 2020 are familiar with mixed reality tools like Zoom, Teams, and Slack that enable them to meet in virtual locations. By merging real and virtual worlds to produce new environments,...
The Mogharebi Group brokers sale of 168-unit multifamily community in Bakersfield, California
The Mogharebi Group (TMG) has arranged the sale of Tyner Ranch Apartments, a 168-unit multifamily community in the Central Valley city of Bakersfield, Calif. for nearly $31 million. Mark Bonas, Senior Vice President for...
NAHB Power Hitters with Robert Dietz 2022, Q1
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Robert Dietz, SVP & Chief Economist, NAHB.
Transcript: NAHB Power Hitters interview. Linda Hoffman with Robert Dietz, SVP & Chief Economist, NAHB, recorded...
WinnCompanies joins with state and city officials to announce plans for $38.3 million mixed-income...
WinnCompanies, an award-winning multifamily development and management company, today joined with Massachusetts Lt. Gov. Karyn Polito, state and Lowell city officials to unveil plans for a $38.3 million residential construction project in the Hamilton...
Rate Desk Friday, July 31, 2020
July 31, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. What does the future hold for Transit Oriented Development (TOD) as ridership shifts toward biking over public transit?
Rate Desk notes July...
JRK Property Holdings initiates its newly closed $1 billion Platform V multifamily fund with...
JRK Property Holdings has acquired Residences at Park Place, a 258-unit luxury mid-rise apartment and townhome community in the preeminent Kansas City suburb of Leawood, Kansas, from VanTrust Real Estate. JRK is also under...
Phoenix Multi-Housing Project Secures $62.625m in Financing
JLL Capital Markets announced today that it has secured $62.625 million in construction financing for Meritum Sonoran Desert, a 348-unit, garden-style multi-housing development in Phoenix, Arizona.
JLL worked on behalf of the borrower, IDM Companies,...
Institutional Property Advisors completes multifamily asset sale in South Carolina
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Vantage at Powdersville, a 288-unit multifamily asset in Greenville, South Carolina.
“The property presents the buyer with a first-generation value-add opportunity...
Builder confidence drops on supply-side constraints
Despite strong buyer demand, builder sentiment continued to slip in February as the industry grapples with ongoing building material production bottlenecks that are raising construction costs and delaying projects.
Builder confidence in the market for newly built single-family...
BRIDGE Housing names new EVP and chief of staff Thuong Luong
Thuong Luong joins BRIDGE Housing as Executive Vice President and Chief of Staff, effective January 31, 2022. BRIDGE is a leading nonprofit developer, owner and manager of affordable housing in California, Oregon and Washington.
In...
Tower 16 Capital Partners acquires four property portfolio, its first multifamily project in Albuquerque
San Diego-based Tower 16 Capital Partners has acquired a four-property portfolio, totaling 572 units in Albuquerque, N.M. The property was acquired from Greenwater Investments for an undisclosed price.
“We’re very excited about the acquisition of...
Dekel Capital arranges $47.8 million construction loan for multifamily community in Koreatown
Dekel Capital, on behalf of Los Angeles-based CGI Strategies, has arranged $47.8 million in non-recourse construction financing for the development of a 200-unit multifamily community in Los Angeles’ Koreatown neighborhood.
The loan, which was provided...
McShane to Build 262-unit Greenville Apartments in South Carolina
McShane Construction Company has been selected by repeat client Flournoy Development Group to build Greenville Apartments, a 262-unit multi-family community in Greenville, South Carolina.
“We’re excited to kick off our second project with Flournoy Development,”...
Davlyn Investments acquires Chandler apartment community
Davlyn Investments, a prominent California-based, multifamily investment firm, recently closed escrow on the $114,385,000 purchase of Trevi a 290-unit, Class A, luxury multifamily community, constructed in 2005, located in Chandler, Arizona. This is Davlyn’s...
