News

JLL Capital Markets announced that it has arranged a $7.517 million financing for House Apartments, a 54-unit multifamily property in Eagle, Colorado. JLL represented the borrower, Brikwell, to secure the 10-year, fixed-rate loan through Freddie...

Yardi Matrix reported that the national average asking apartment rent was up $3 in January compared to the revised level of the month before at $1,746 per month. The national average year-over-year asking apartment rent...

The Employment Situation Report from the Bureau of Labor Statistics (BLS) stated that the economy experienced modest overall employment growth in January. While the employment levels for 3 of the 4 multifamily-related job categories...

Trez Capital, a leader in North American commercial real estate investments, announces key leadership updates with John Maragliano – a 25-year veteran in the financial services industry – named Co-Chief Executive Officer serving alongside...

RKW Residential, one of the nation’s fastest-growing multifamily management firms, announces a series of key promotions and strategic new hires to strengthen its operations and drive continued growth. Stephanie Garris was named Regional Vice President, overseeing operational...

The Simon Anderson apartment brokerage team at Kidder Mathews has expanded with the addition of Vice President Elijah Piper and Associate Tony Herrmann. While the team is based in Seattle, Elijah Piper and Tony Herrmann...

JPI, a leading developer and builder of Class A multifamily housing, is thrilled to announce Jay Parsons as JPI’s Economic Advisor. Jay is a distinguished economist, advisor, and industry thought leader. During his 16 years...

Pennrose, a national leader in the development and management of high-quality mixed-income and mixed-use housing, has announced the appointment of Will Eckstein as the regional vice president of the southeast. In his role as regional...

Thompson Thrift, a full-service, nationally recognized real estate company and one of the nation’s leading multifamily developers, announced that it will develop Velara, a 312-unit Class A multifamily community in Ponte Vedra’s Nocatee master-planned...

McShane Construction Company’s Southeast regional team was selected to build a 461-unit multifamily community on Tanner Road in Greenville, South Carolina, for repeat client Flournoy Development Group. “We are thrilled to partner with Flournoy Development...

Construction is now complete on Arts Plaza Apartments, a four-story, 97-unit mixed-use building at 492 N.E. Second Street in Gresham, Oregon, with leasing underway. Developed by Gibbins Kaplan Development and Capstone Partners, the $26...

Chicago-based Habitat, a leading national multifamily real estate developer, operator and property manager, has successfully refinanced Columbus Plaza, a 47-story, 534-unit apartment high-rise in downtown Chicago. Habitat and its partners secured a new $72.9...

ARK Homes For Rent™, one of the country’s leading single-family rental (SFR) and build-to-rent (BTR) home operators, announces the opening of its new Atlanta office, which will welcome both new hires and existing staff. As...

MassHousing has closed on $29.7 million in affordable housing financing to the nonprofit NeighborWorks Housing Solutions (NHS) for the construction of 94 new affordable apartment homes adjacent to Brockton’s Campello Commuter Rail station. NeighborWorks Housing...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 10-unit multifamily property located at 18-10 Astoria Boulevard in Queens,...