MassHousing closes on $22.6 million in financing to create a new, 76-unit affordable housing...
MassHousing has closed on a total of $22.6 million in affordable housing financing to the Planning Office for Urban Affairs (POUA) and Caribbean Integration Community Development (CICD) for the construction of the 76-unit Cote Village housing community in Mattapan.
The Planning Office for Urban Affairs and CICD...
Jonathan Rose Companies and Schochet Partner acquire Riverside Towers
The Schochet Companies and Jonathan Rose Companies have acquired Riverside Towers in Medford, Mass., for $83.5 million in a joint venture.
Financed through MassHousing, Riverside Towers is designated for occupancy by elderly and disabled residents....
Rate Desk June 2, 2020
June 2, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Follow the leader: look for expansion opportunities during disruption. Room for growth with value-add acquisition strategy.
Rate Desk notes June 2, 2020
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The Babb Group arrange the sale of 40-unit affordable housing property near downtown Sarasota
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Beneva Oaks, a 40-unit apartment property located in Sarasota, Fla., according...
Rate Desk June 1, 2020
June 1, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Housing is central issue in economic disparity and a mutually beneficial carrot drives more investment dollars.
Rate Desk notes June 1, 2020
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249-unit affordable housing portfolio in Gary, Indiana sells for $10.375 million
Affordable Housing Investment Brokerage Inc. recently sold a 14-building, 249-unit affordable housing portfolio in Gary, Indiana for $10,375,000. Managing Director Kyle Shoemaker represented both the purchaser, a private investor, and seller, a private investor,...
Business as unusual
As cities, counties and states begin loosening lockdown orders and allowing non-essential businesses to open, apartment owners are weighing strategies to ride out the economic disruption caused by the COVID-19 pandemic and finding slivers...
Infographic: Let my workers go
The release of America
As Americans fights to return to work and businesses begin to re-open, a funny thing is happening. Nothing.
0 increase in C19 cases in places restrictions were lifted People are getting back...
Infographic: The Big Chill
Thawing America’s unchosen
Time will tell the full effect the C19 shutdown will have on the American economy. Here are the signals thus far.
NYC vacancies nearly triple
Apartment vacancies jumped from 1,750 during the last week...
Infographic: Apartment chill
The sometimes hard to see symbiotic relationship of landlords and renters
Impoverishing landlords is not a win for renters. Nor is the landslide of evictions heading their way. Another big housing crisis may be ahead—only...
Apartment investors dig data
Utility management and benchmarking systems help property managers avoid fees, make smart investments and comply with the law.
Here’s one way to pay a lot less for power and water at apartment properties—stop paying late...
Multifamily designs for health and wellness
How we think about applying design to support a healthy lifestyle has taken on new significance as the world responds to the COVID-19 pandemic. Basic daily activities now carry the extra weight of potentially...
Good to great in a crisis
Now, more than ever before, it’s critical for your multifamily property to create a team dynamic that fosters good communication, healthy competition and takes full advantage of technology.
Unaware of the impending quarantine and social...
Property management amid a crisis
The term coronavirus has only been in our collective vocabulary since January, but it has consumed our world and drastically altered our daily lives. There is not one industry in this country that has...
3 Behavioral trends that will reshape our post-COVID world
Typically, consumers’ supermarket shopping habits are stable and slow to change. When people do dramatically change their behavior around buying food and beverages, it’s usually driven by a major life event such as having...
