Multifamily absorption in the last four quarters was below the pre-pandemic levels, in the range of 60,000-70,000 units. In the meantime, rents rose year-over-year at a slower pace, according to a new analysis from the National Association of Realtors.

Riverwalk Golf Course to be redeveloped into 4,300 apartment units, 1M SF of offices.

The Swiss investment firm has acquired a 100-unit asset for a purchase price that equates to $425,000 per unit.

Rent, care fees will keep going up as operators cope with staff shortages, rising cost of labor.