Tag: market-rate
Green Street Housing and TM Associates Unveil Affordable Apartment Community Village at Blenheim Run...
Green Street Housing, a Maryland affordable housing developer, and project partners TM Associates Development, Inc., a full-service development and property management for conventional and...
JLL Arranges $49.5M in Financing for Walnut Hill, a 177-Unit Luxury Rental Community in...
JLL Capital Markets announced that it has arranged the $49.5 million 10-year, fixed-rate financing of Walnut Hill, a newly constructed, luxury multi-housing rental community...
CBRE Facilitates Sale of Two Multifamily Apartment Communities Totaling 24 Units in Northern Orange...
CBRE announced the sale of two multifamily properties totaling 24 units for $7.61 million in northern Orange County, California to two separate buyers. In the...
Allied Orion Group Names David Nargang as New President
Allied Orion Group has named David Nargang as president of the company’s property management division. David will spearhead the supervision of the property management team,...
JLL Secures $47M Capitalization for Multi-Housing Development in Bozeman Montana
JLL Capital Markets announced that it has arranged the $32 million construction financing and the $15 million equity placement for the development of Freestone...
NewPoint Provides $22.5 Million in Financing for Idaho Market Rate Workforce Housing Development
NewPoint Real Estate Capital has provided $22.5 million in HUD/FHA 221(d)(4) construction-to-permanent financing to facilitate the development of The Larkspur, an 86-unit market rate workforce...
RealPage reports rent-to-income ratio flip
RealPage reported this month that wages are outpacing rents by a widening margin. Moody's Analytics tells a much different tale. After reporting...
Apartment demand smashes previous record
Demand for market-rate apartments in 2021 soared far above the highest levels on record in the three decades RealPage has tracked the market. Net...
Dominium completes 1.5 million renovation of new luxury apartment community in Beaufort
Dominium, a Minneapolis-based leading apartment owner, developer and manager, announced today the completion of the renovation of the 160-unit development in Beaufort, South Carolina....
Rise of the rental
The project, developed by Miami-based Melo Group, exemplifies a new generation of professionally-managed rental apartments emerging in South Florida. After a long drought in rental...