Alliance Residential Company Opens Prose Cartersville In Cartersville Georgia near Atlanta
Leading national multifamily developer Alliance Residential is proud to announce the opening of its newest apartment community, Prose Cartersville in suburban Atlanta. The 336-unit community is the third in a collection of Prose-branded properties...
Construction materials prices higher in October
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices were up 0.2 percent month-over-month in October on a seasonally adjusted basis. In addition, last month’s...
Yardi Matrix reports rent growth again negative in October
Yardi Matrix reported that national average apartment rents fell $3 in October, compared to the revised rent level of the month before. The average rent fell to $1,718 per month. The national average asking apartment...
Leasing Office Now Open for Cadence Broomfield by Cogir Senior Living in Broomfield Colorado
The Opus Group (Opus) said the leasing office is now open for Cadence Broomfield by Cogir, a three-story, 165-unit senior living development at 4275 West 121st Avenue in Broomfield, Colorado. "We are excited to bring...
NewPoint Provides $17.5M in Financing to Facilitate the Acquisition of Intrigue Apartments in Las...
NewPoint Real Estate Capital has provided $17.5 million in Fannie Mae DUS® conventional multifamily financing to facilitate the acquisition of Intrigue Apartments, a 193-unit community located in Las Vegas, Nevada. "This is a well-located, well-maintained...
PEEK Properties Launches Leasing of 138 New Apartment Rentals at The Highland in Orange...
PEEK Properties has launched leasing at its newest upscale multifamily community known as THE HIGHLAND, located at 416 Highland Avenue in the southwest section of Orange, New Jersey. Located at the Orange-West Orange boundary and...
JLL Secures $99M in Financing for Luxury Denver Apartment Community The Fitzgerald
JLL Capital Markets announced that it has arranged the $99 million refinancing of The Fitzgerald, a 282-unit, 11-story luxury apartment community in the LoDo neighborhood of downtown Denver, Colorado. Situated at 1840 Market St., The...
CPP Announces Development of Affordable Housing Community in Monroeville Pennsylvania
Community Preservation Partners (CPP), a mission-driven affordable housing preservation developer has announced the planned renovation of Cambridge Square Apartments, an affordable housing community just 14 miles east of downtown Pittsburgh. The community will receive extensive renovations,...
Legacy Partners Now Leasing 222-Residence Mixed-Use Community Legacy at Livermore in California
Legacy Partners, a privately held national real estate firm announced the opening of Legacy at Livermore, a 222-residence mixed-use community in Livermore, California. Designed by BDE Architects of San Francisco, the community is located at...
Poll shows Californians support rent control initiative
A poll from the Public Policy Institute of California (PPIC) says the 55 percent of likely voters are currently in support of an initiative scheduled for the November 2024 ballot that would expand the...
St. Louis Mixed-Use Development Adds 270 Units in City Foundry’s Second Phase
St. Louis-based architect and designer Lawrence Group and its affiliate developer, New + Found, have broken ground at Vande East at City Foundry, the second phase and first residential section of its City Foundry...
First RENCO USA Development Unveiled in Palm Beach Florida
As ever-stronger hurricanes threaten Florida and property insurance rates skyrocket, the mission is on to find stronger, more resilient ways to build that can withstand intensifying storms and devastating winds. “As a longtime resident, I’ve...
CRG Launches Pre-Leasing for Chapter at Eugene Student Housing Near University of Oregon
CRG, a national real estate development and investment firm, and project partner Kenter Capital announced that pre-leasing has begun for Chapter at Eugene, a 12-story, 302-bed student housing development near the University of Oregon...
CBRE Completes Sale of Multifamily Community Near Historic Downtown Escondido California
CBRE announced the sale of a five-unit multifamily rental community in Escondido, California to a private investor for $1.41 million. The transaction was facilitated by CBRE’s Executive Vice President Dan Blackwell and Associate Amanda Fielder,...
Multifamily completions predicted to slow beginning in 2026
Yardi Matrix revises its forecast of multifamily construction starts and completions as development activity slows, predicts new supply will bottom in 2026 Yardi Matrix released its revised Q4 2023 Multifamily Supply Forecast for...
