Tag: News

Courthouse Square

JVM Realty Corp. acquires luxury apartment community in Chicago’s Western Suburbs

JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired Courthouse Square, a 149-unit Class...
Novel Midtown

NAHB Pillars of the Industry finalists 2022

As part of its mission to promote excellence in multifamily home building, the National Association of Home Builders (NAHB) has sponsored the Pillars of...
Sunset Laurel Apartments

Kidder Mathews sells 28-unit Sunset Laurel apartments for $11 million

The Sunset Laurel Apartments, located at 1545 North Laurel Avenue in Los Angeles, have sold for $11,000,000. Kidder Mathews’ Senior Vice President Robin D....

New home sales inch higher in December but market weakness remains

While new home sales posted a modest gain in December, elevated mortgage rates and higher construction costs continue to hinder housing affordability and put...
17 Summit Street

$11.9 million sale of two historic multifamily properties in prime East Orange location

Gebroe-Hammer Associates’ Executive Managing Director and East Orange market specialist David Oropeza has brokered the $11.9 million sale of 17 Summit Street and 60...
Alivia Apartments

Los Angeles-area multifamily asset trades for $49.6 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Alivia Apartments, a 128-unit multifamily property in Whittier,...
The Highlands

Marcus & Millichap brokers sale of luxury student-housing townhomes in Tallahassee, Florida

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The...

Industry associations response to White House Renters Plan

NAHB Chairman Jerry Konter Jerry Konter, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Savannah, Ga., issued...
Dimension on 27th Apartment Homes

ABI Multifamily brokers 260-unit West Phoenix apartment community for $49.75 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $49,750,000 / $191,346 Per Unit...
1503 Fulton Ave

Trion Properties acquires 104-unit multifamily community in Sacramento, California for $23.6 million

Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, announces the acquisition of...
Solamar Wildwood

JLL Capital Markets arranges $48 million non-recourse construction financing for Solamar Wildwood

JLL Capital Markets announced that it has arranged $48 million in construction financing for the development of Solamar Wildwood, a 243-unit, build-to-rent townhome and...
7 DeKalb

Avanath Capital Management acquires high-rise apartment community in Brooklyn for $101.25 million

Avanath Capital Management, LLC (Avanath), a private real estate investment management firm, announces the acquisition of 7 DeKalb, a 251-unit multifamily property located in...

Housing groups file legal challenge to new WOTUS rule

NMHC joined 16 other housing groups, infrastructure and agricultural organizations, among others, in filing suit yesterday to challenge the recently released Waters of the U.S....
Luna Apartments

$24.3 million financing secured for six affordable housing assets in Seattle

JLL Capital Markets announced that it has secured $24.3 million in acquisition financing for a six-asset affordable housing portfolio, consisting of 354 small efficiency...

Remodeling market sentiment weakened in fourth quarter but remains positive

The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter, posting a reading of 66,...

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