Tag: News
Interra Realty brokers $5.8 million sale of mixed-use apartment building in Chicago’s Ravenswood Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 27-unit multifamily property in Chicago’s Ravenswood neighborhood....
Marcus & Millichap brokers three-property multifamily portfolio sale in Dallas-Fort Worth
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a...
Builders warn Congress WOTUS rule will raise housing costs
Congress received a first-hand account of how the Biden administration’s new waters of the United States (WOTUS) rule is exacerbating the nation’s housing affordability...
Standard Communities completes its largest acquisition, bringing 3,200 affordable units into its portfolio
Standard Communities, a major national affordable housing developer and investor, has acquired controlling interest in an affordable housing portfolio of nearly 3,200 units in...
New study finds rent increases in purpose-built student housing linked to broader U.S. rental...
A new study from the National Multifamily Housing Council's (NMHC) Research Foundation examines the purpose-built student housing market's role in overall escalating college costs. The...
Thompson Thrift sells The Grove Apartment Community in Grand Rapids
Thompson Thrift, a full-service nationally recognized real estate company, announced the sale of The Grove, a 320-unit Class A multifamily community in Grand Rapids....
NMHC and NAA urge Congress to deploy tax policy to create more affordable housing...
Tax policy is a critical tool that can be used to address the nation’s housing affordability crisis. National Multifamily Housing Council (NMHC) President Sharon...
Marcus & Millichap brokers the sale of a 30-unit Coral Springs apartment building for...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Fairway...
Weather insurance rates on the rise
Yardi Matrix has released a research bulletin describing changes coming to the weather damage insurance market, and to insurance rates, for commercial property in...
Single-family market share continues to shift from large population centers
While nationwide single-family housing starts have slowed in the past year, the largest drop on a percentage basis is occurring in the most dense...
Capital Square acquires build-for-rent townhome community near Raleigh for DST offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of...
$10.5 million refinancing secured for Los Angeles affordable housing development
JLL Capital Markets announced that it has arranged $10.5 million in construction takeout refinancing for Park Place at Jordan Downs, an 80-unit affordable housing...
Looming multifamily oversupply expected to be short-lived
While the delivery of a near-record 716,000 new multifamily housing units in the U.S. over the next two years will create a short-term oversupply,...
CBRE arranges $7.8 million sale of 204-unit development site in Farmington, Connecticut
Representatives of CBRE, led by Jeff Dunne, Simon Butler, Biria St. John, Eric Apfel, Stuart MacKenzie, John McLaughlin, and Brian Bowler announced the $7.8...
Fannie Mae partners with multifamily industry to launch 2023 Multifamily Energy and Water Survey
Fannie Mae announced that it has launched the 2023 Multifamily Energy and Water Survey, a national effort to collect and analyze whole property energy...