TOMS RIVER, NJ—The Walters Group has broken ground on a new 102-unit affordable rental community for seniors to be named Cornerstone at Toms River. The project will fill a need for senior (55+) affordable housing in the township, with priority for residents affected by Super Storm Sandy.

ORLANDO—A trio of decision makers from some of the nation's biggest institutional investors shared their observations on, and strategies for, the multifamily market at the NMHC's 2016 Apartment Strategies Outlook Conference. <i>Part one of a two-part story.</i>

CHICAGO—Speculative construction has returned, but even though about 130 million square feet is underway, demand is so high that the new space should get absorbed, according to Avison Young.

DALLAS--Venture Commercial Real Estate's investment sales team has completed the sale of a 7,400-square-foot single-tenant net-leased property located along the State Highway 121 corridor in The Colony.