Tag: News
Student housing community at Louisiana Tech University sells
JLL Capital Markets announced that it has closed the sale of CEV Ruston, a 120-unit / 432-bed student-housing community primarily serving the 11,000 students...
Avanath Capital Management expands multifamily footprint in Northern California with the acquisition of affordable...
Avanath Capital Management, LLC, a private real estate investment manager, announces the acquisition of the Novato Portfolio, comprising two LIHTC rental apartment properties in...
$20 million financing secured for construction of luxury apartment community in New Jersey
JLL Capital Markets announced that it has closed the $20 million construction financing for 397 Millburn Ave., a 53-unit, three-story, luxury apartment development in...
University of Cincinnati student housing development secures joint venture equity
JLL Capital Markets announced that it has secured joint venture equity for the development of Four Corners, a 404-bed / 136-unit student housing development...
Capital Square acquires Class A multifamily community near Miami 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...
Ronda Puryear named 2023 NAA Chair
Ronda Puryear, CAM, CPM, Management Services Corporation, has begun her term as 2023 National Apartment Association (NAA) Chair. She will be the fourth woman...
$73.8 million in construction financing secured for Bakers Place in Madison
JLL Capital Markets announced that it has arranged the $73.83 million construction financing for Bakers Place, a 206-unit, mass timber, luxury apartment project in...
New EPA rules will discourage critically needed housing production
The National Apartment Association and the National Multifamily Housing Council express their disappointment in a regulation the EPA issued re-defining and expanding what “waters of...
Kiser Group closes Edgewater mixed-use building for $9.2 million
Kiser Group, Chicagoland’s leading mid-market multifamily brokerage, announces the closing of a 52-unit mixed-use property located in the Edgewater neighborhood of Chicago. Directors Andy...
Capital Square promotes Mark Mercado to Executive Vice President, Investment Programs & Operations
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the promotion of...
U.S. household wealth sees second-fastest decline since 1959
Household wealth in the United States fell by its second-fastest pace in history in the first three quarters of the year, but was buoyed...
Congress targets institutional investors
In December, Oregon Senator Jeff Merkley introduced a new piece of legislation to his colleagues aimed at limiting hedge fund ownership of residential housing. “Everyone...
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...
