Tag: News
Capital Square 1031 takes DST offering full-cycle in record time, resulting in over 141...
Capital Square 1031, a leading real estate investment and management firm specializing in Delaware statutory trust offerings, announced today the sale of Bridgeview Apartments,...
Real estate industry collaborates to fill talent pipeline
Twenty-nine real estate industry organizations, representing more than 10 million jobs, announced a ground-breaking collaboration to highlight the diverse career paths within the real...
$60.5 Million Value-Add Multifamily Property in Tempe Sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Willow Creek, a 402-unit value-add multifamily asset in Tempe, Arizona....
Draper and Kramer and Intercontinental Real Estate Corporation acquire 298-unit apartment community in Chicago’s...
Chicago-based Draper and Kramer, Incorporated, along with equity partner Intercontinental Real Estate Corporation, has expanded its Chicago-area portfolio with the acquisition of Burnham Pointe,...
Call for entries now open for NAHB’s sales and marketing awards—’The Nationals’
The Nationals?—the National Association of Home Builders' national sales and marketing awards program—is open for entries. Honoring the best in new-home sales, marketing and design, The...
$24 million multifamily value-add opportunity sale brokered by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Cambridge Court, a 286-unit value-add multihousing asset in Phoenix. The...
Utility Revenue Services expands LED division in time for Energy Star’s baseline reset
Utility Revenue Services, a decade-long-plus player in utility revenue recovery for apartment properties, has extended its offerings to include LED lighting analyses and related...
Meridian Capital Group arranges $115 million in financing for the construction of a multifamily...
Meridian Capital Group, America’s most active dealmaker, arranged $115 million in financing for the cash-out refinance of a multifamily property midway through construction in...
Housing starts fall 12.3 percent as tariffs draw increased concern
Total housing starts fell 12.3 percent in June to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S....
Sales start this Fall at Lexington Reserve at Oak Park, a new community of...
This fall, Lexington Homes will make its homebuilding debut in Oak Park, Ill., the popular “surban” village just west of Chicago’s city border. Lexington...
Alliance Residential Company launches active adult brand—breaks ground on first development in Tukwila, Wash.
Alliance Residential Company, one of the largest multifamily developers and managers in the U.S., announces the company’s highly anticipated active adult brand, Marvelle. The...
The Opus Group announces start of construction on a multifamily development in Des Plaines,...
The Opus Group (Opus) today announced the start of construction on a 113-unit luxury multifamily mixed-use development in Des Plaines adjacent to the O’Hare...
Builder confidence stays at healthy level in July
Builder confidence in the market for newly-built single-family homes remained unchanged at a solid 68 reading in July on the National Association of Home Builders/Wells Fargo...
Yardi’s Matt Eggers joins Board of Directors of Institute for Market Transformation
Matt Eggers, vice president of Yardi® Energy, has joined the board of directors for the Institute for Market Transformation (IMT), a nonprofit that collaborates...
HUD awards $43 million to help end youth homelessness
To help end youth homelessness, the U.S. Department of Housing and Urban Development (HUD) is awarding $43 million to 11 local communities, including five...