Tag: News
Tight fuel supplies. Faltering grid. What could go wrong?
As the snow flies and temperatures plummet, regulatory agencies and analysts alike warn that residents in multiple states are at an elevated risk of...
Relive history
A historic school in Chambersburg, Pennsylvania, will serve generations to come as an apartment complex. The old Mary B. Sharpe Elementary School was sold at...
Predictions for 2023
Next year will bring a moderate economic recession by October, negative annual rent growth of 1 to 5 percent, and increasing levels of real...
Fusion wariness
Livermore National Laboratory’s announcement is certainly a breakthrough, but it’s a commercially limited one. Nuclear fusion has long been hailed as the next great...
Broad Street Development and a real estate fund advised by Crow Holdings Capital partnership...
JLL Capital Markets announced the $114.9 million sale of 298 Mulberry St., a 96-unit, market-rate, mixed-use rental apartment property on the corner of East...
November new home sales up as interest rates fall back
While new home sales received a slight bounce in November from moderating mortgage rates, the housing market continues to struggle because of ongoing supply...
Avanath Capital Management expands executive leadership team
Avanath Capital Management, LLC, a private real estate investment manager, announces the expansion of its executive leadership team with the appointment of Carly Stevenson,...
Berkadia arranges sale of value-add, Class A garden-style multifamily community in Houston Metro
Berkadia announces it has arranged the sale of Edgewater Apartments, a 228-unit, Class A garden-style multifamily apartment community located in Lake Jackson, Texas, a...
Franklin Street arranges $10.8 million sale of value-add multifamily property in Tampa, Florida
Franklin Street has arranged the sale of French Quarter Apartments, a 57-unit, 50,585-square-foot multifamily community in Tampa, for $10.75 million, equating to $188,596 per...
The Praedium Group acquires Versol in Bonita Springs, Fla.
The Praedium Group (Praedium), a national real estate investment firm, announced the acquisition of Versol, a 240-unit suburban multifamily property in Bonita Springs, Fla. located between...
ABI Multifamily brokers 41-unit West Phoenix apartment community for $6,765,000
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $6,765,000 / $165,000 Per Unit...
Levin Johnston completes $27 million sale of upgraded 60-unit multifamily community in Fremont, California
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S., specializing in wealth management through commercial real estate...
Single-family production continues to sag, multifamily permits weakening
Single-family housing starts continued to fall in November, with the pace of construction down 32 percent since February when mortgage rates began to rise....
ECI Group announces sale of The Columns at Timothy Woods Apartments in Athens, Georgia
ECI Group (ECI) announces the sale of The Columns at Timothy Woods apartments at 2035 Timothy Road in Athens, Georgia to Fogelman Properties. The...
Construction delays and high costs persist, but conditions may begin to improve
The December edition of the NMHC Quarterly Survey of Apartment Construction & Development Activity found small improvements in terms of the share of respondents...
