Rate Desk May 8, 2020
May 8, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. May rents exceed expectations and rental housing continues to prove a solid investment.
Rate Desk May 8 notes:
Indices up
Crude oil...
Rate Desk May 7, 2020
May 7, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Getting to a green property by leveraging rebates, local requirements and benchmarking.
Rate Desk May 7 notes:
S&P and NASDAQ up, DJIA...
CoStar reports on commercial property values
CoStar recently released a report on the change in value of commercial property in the United States. It says that multifamily property values continue to increase faster than those of other commercial property types.
A...
COVID-19 and multifamily: an update
On May 6, Yardi Matrix hosted a webinar on the impact of the COVID-19-related shutdown on the economy and its effect on multifamily housing. This article focuses on the multifamily-specific portion of the presentation.
A...
Kiser Group brokers Portage Park portfolio for $3.5 million
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered a three-building, 36-unit portfolio located in the Portage Park neighborhood of Chicago. The portfolio included 3905-11 N. Linder, a 10-unit building; 3514-18 N. Long, a...
Jonathan Rose Companies appoints affordable housing finance and development veteran Yusef Freeman to head...
In an effort to expand the firm’s West Coast presence, Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, has hired affordable housing...
North Dallas multihousing property refinanced
JLL Capital Markets announced that it has arranged the refinancing of Advenir on Addison, a 264-unit, garden-style multihousing property in North Dallas.
JLL worked on behalf of the borrower, Advenir, to secure the seven-year, fixed-rate...
Colliers International announces sale of Falcon Point Apartments in Virginia Beach
Colliers International is pleased to announce the sale of Falcon Point, a multifamily community in Virginia Beach, from The Runnymede Corporation to Seminole Trail Properties.
Falcon Point is located at 2105 Lake Smith Drive and...
Infographic: C19 just the facts
Real guarantee: No models were used in the production of this report.
50% of those who contract the coronavirus are asymptomatic
80% of all coronavirus cases are mild according to the most recent studies...
Rate Desk May 6, 2020
May 6, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. More rental housing, the shape of recovery and a new economic ride.
Rate Desk May 6 notes:
NASDAQ two month high
Crude...
Dunleer sells The Cottage Club, a charming and iconic rental community in Highland Park...
Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $3.222 million sale of The Cottage Club, an iconic rental community consisting of eight stand-alone cottages located at 336 N Avenue...
Morgan Properties launches Morgan Cares
Morgan Properties, one of the nation's largest and fastest-growing multifamily owners, announced today the launch of Morgan Cares, a program created to support local hospitals and food banks as they combat the COVID-19 pandemic...
New apartment community trades in Panama City Beach, Florida
Transwestern Real Estate Services (TRS) announces its Southeast Multifamily Investment Services Group has negotiated the sale of Parkside at the Beach, a 288-unit luxury apartment community at 17225 Panama City Beach Parkway in Panama...
JLL arranges equity for multihousing project near Twin Cities
JLL Capital Markets announced that it has arranged equity for the development of NOVO, a 192-unit multihousing complex located in the Twin Cities’ suburb of Richfield, Minnesota.
NOVO will consist of a five-story and three-story...
Rate Desk May 5, 2020
May 5, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. HUD requirements, a post COVID-19 world and a shift toward rental housing.
Rate Desk May 5, 2020 notes:
Indices up
Crude oil...
