Tag: News
The Multifamily Group facilitates the sale of The Broadmoor Retirement Community in Tulsa, Oklahoma
The Multifamily Group (TMG), a commercial real estate brokerage firm based in Dallas, has announced this week the sale of The Broadmoor Retirement Community,...
Institutional Property Advisors closes Hollywood apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Scout off Sunset, 136-unit apartment property in the Hollywood neighborhood...
Avanath Capital Management acquires 256-unit mixed-use, mixed-income multifamily community in Chicago for $119 million
Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, announces that it has acquired Lincoln Park...
Institutional Property Advisors arranges $173 million in financing for three new mixed-use multifamily...
IPA Capital Markets (IPA), a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, arranged $173 million...
Institutional Property Advisors negotiates $54 million Los Angeles multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Haven Warner Center, a 205-unit multifamily asset in the Warner...
$18.239 million in financing secured for affordable multihousing community in Indiana
JLL Capital Markets announced that it has arranged the $18.239 million acquisition financing for Cambridge Estates, a 358-unit, garden-style affordable apartment community in Lafayette,...
SCOTUS grants major victory for property rights
The U.S. Supreme Court announced that two property owners in Montana will have their day in court to prove that the U.S. Forest Service...
JLL Capital Markets hires Alex Possick to join its multihousing investment sales and advisory...
JLL Capital Markets announced that it has welcomed Director Alex Possick to its multihousing investment sales and advisory team. Possick sits in the Denver office and...
Market conditions begin to improve, though costs and delays remain significant
The March edition of the NMHC Quarterly Survey of Apartment Construction & Development Activity once again found small improvements in terms of more limited...
Multihousing asset in coastal California secures $13.1 million in financing
JLL Capital Markets announced that it has closed the $13.1 million acquisition financing for The Independent, a Class A, 61-unit multihousing asset located in...
New home sales remain relatively flat in February
Higher mortgage rates and home prices, as well as increased construction costs contributed to lackluster new home sales in February, but signs point to...
NMHC, NAA release apartment industry’s 2023 policy priorities
The nation's housing supply imbalance and related affordability issues top the list of 2023 apartment industry policy priorities released by the National Multifamily Housing...
Rent control hurts housing supply, new research finds
New research from the National Apartment Association (NAA) highlights the unintended and detrimental consequences of rent control. The research, conducted by NDP Analytics and...
NAHB releases salary, bonus and benefit data for 39 jobs across the home building...
Throughout the economy and across all sectors, millions of people have quit their jobs looking for better work-life balance, benefits, location or pay—a phenomenon...
Response to reinstatement of 2013 version of Disparate Impact Regulation
Statement from the National Apartment Association (NAA) and the National Multifamily Housing Council (NMHC) on the U.S. Department of Housing and Urban Development (HUD)...
