Tag: Washington DC
LCOR refinances Altaire apartments for $135 million
JLL Capital Markets announced that it has arranged $135 million refinancing for the 451-unit Altaire apartments in Arlington, Virginia. JLL worked on behalf of the...
Multifamily construction sentiment declines in fourth quarter
Confidence in the market for new multifamily housing declined in the fourth quarter of 2020, according to results from the Multifamily Market Survey (MMS) released by...
NMHC expands, strengthens its commitment to diversity, equity and inclusion in the multifamily industry
The National Multifamily Housing Council (NMHC) announced new programs and resources dedicated to building on NMHC’s work for the past decade promoting diversity, equity...
Rent Payment Tracker: Payments up from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 79.2 percent of apartment households made a full or partial rent payment by February...
Nation’s home builders elect leadership for 2021
Members of the National Association of Home Builders (NAHB) elected four senior officers to top leadership positions within the federation at the conclusion of this week's...
NAHB names Global Innovation Awards finalists
The National Association of Home Builders (NAHB) has announced the finalists for the 2020 Global Innovation Awards. The awards recognize the most advanced, cutting-edge and original...
Remodeling industry confidence is strong despite COVID-19
The National Association of Home Builders (NAHB) released its Remodeling Market Index (RMI) for the fourth quarter of 2020, posting a reading of 79. The finding...
Housing starts end 2020 strong; Risks ahead
While housing starts ended the year on a strong note, rising lumber prices and increasing regulatory cost concerns could affect future production. Led by a solid,...
MF industry associations respond to President Biden’s extension of the Eviction Moratorium
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) appreciate President Biden’s prompt and well-intended action to address the ongoing financial...
Builder confidence down on rising material prices, upsurge in COVID-19 cases
Rising material costs led by a huge upsurge in lumber prices along with a resurgence of the coronavirus across much of the nation pushed builder confidence...
Ginnie Mae closes 2020 with December MBS volume at record $81.7 billion
In December, Ginnie Mae mortgage-backed securities (MBS) issuance surged to above $81.7 billion, financing housing for more than 289,000 households. December was the sixth...
Rent Payment Tracker: payments up slightly from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 76.6 percent of apartment households made a full or partial rent payment by January...
Transwestern closes $136 million of multifamily assets in two December transactions
Transwestern Real Estate Services (TRS) announces its Mid-Atlantic Multifamily Group executed the sale of two multifamily communities in December totaling $138.7 million. Transwestern Executive...
The fight over rental control is not over
Voters in California rejected a measure on November 3, 2020, that would have overturned a hard-fought compromise over rent control in one of the...
Rent Payment Tracker: Payments down 7.8% from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 75.4 percent of apartment households made a full or partial rent payment by December...
