Tag: News
$161.9 million multifamily portfolio in Los Angeles county sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of an eight-property, 644-unit multifamily property portfolio in Los Angeles County,...
Immediate-delivery townhome available at Provenance near Northbrook, Ill.
Red Seal Homes today announced it has completed a move-in-ready townhome at Provenance, the builder’s master-planned community of single-family homes, duplexes and townhomes in...
Builder confidence in the 55+ housing market remains healthy in first quarter
Builder confidence in the single-family 55+ housing market dropped five points to 66 in the first quarter of 2018, according to the National Association of Home...
MBA forecasts slight decline for commercial/multifamily originations in 2018
The Mortgage Bankers Association (MBA) projects commercial and multifamily mortgage originations will decline slightly in 2018, ending the year at $519 billion, down two...
$43.55 million suburban Phoenix multifamily sale brokered by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Vue Park West, a 260-unit multifamily asset located within Park...
New research on rent control confirms negative economic, social impacts
Rent control policies are laws that cap rents and are usually implemented with the stated purpose of improving housing affordability. In fact, they may...
City Club Apartments hires Carie Wagner as assistant vice president of management operations
City Club Apartments (CCA), an owner, developer and manager of urban mid-rise and high-rise apartments and penthouses, announced that Carie Wagner has joined the...
Maytag Commercial Laundry offers a look at new multi-load washer production line
As part of the 59th Maytag Commercial Laundry Meeting in Fall River, Massachusetts,150 people gathered today including Fall River Mayor Jasiel Correia; City Councilman Cliff...
Levin Johnston creates win-win for buyer and seller with $15 million multifamily asset trade...
Levin Johnston, one of the top ten multifamily brokerage teams in the U.S., has directed the $15 million sale of Velocity at Sequoia Station,...
Draper and Kramer promotes David Newton to regional property manager
Draper and Kramer, Incorporated, a national real estate services firm, is pleased to announce it has promoted David Newton to the position of regional...
Pre-leasing begins at Clarkview Apartments in Chicago’s Lakeview Neighborhood
Chicago-based Spaces Real Estate today announced that pre-leasing is underway at Clarkview Apartments, an upscale rental community at 3226-28 N. Clark St. in Chicago’s...
S.L. Nusbaum Realty Co. breaks ground on phase II of Valor Apartment Homes in...
S. L. Nusbaum Realty Co. is pleased to announce the groundbreaking of Phase II of Valor Apartment Homes, a 120-unit contemporary affordable housing community. The...
StreetLights Residential breaks ground on second Northwest Austin community, The Elizabeth
StreetLights Residential, a design-focused multifamily and mixed-use developer, recently broke ground on a luxury multifamily community, The Elizabeth at Presidio. StreetLights’ first development in...
JMF Properties named redeveloper of former Colgate-Palmolive property in Morris Township
JMF Properties, the Whippany-based development and management firm with more than 25 years of experience in the industry, announced today that it has been...
Water efficiency upgrades save multifamily housing providers $20,500 per property
A new study from Enterprise Community Partners (Enterprise) and Elevate Energy shows how affordable housing owners can save money, conserve resources and strengthen the...
