Multifamily

News

NJHMFA Opens 2020 Competition for Federal 9% Low Income Housing Tax Credits

John Jordan |

The agency estimates the tax credit awards will generate approximately $230 million in private equity that will create about 1,200 affordable rental apartments in the Garden State.

Features

Metros Lose Out to Satellite Cities When Rents Get Too High

Lisa Brown |

Demand and price growth in satellite cities could actually outpace that of the core cities, according to Zumper, which identified major metros that retained popularity last year and what satellite cities stole the spotlight.

Features

New Brokerage Firm Launches 100% Commission Model

Kelsi Maree Borland |

Ten-X Realty launched late last year and focuses on the luxury single-family housing market.

Exclusive

Condo Project to Fill Gap in Waterfront Offerings

Lisa Brown |

James Wong, co-founder/CEO of Vibrant Cities, and Bob Tiscareno, principal/founder of Tiscareno Associates, recently shared insights on Infinity Shore Club Residences in this EXCLUSIVE.

News

Starwood REIT Buys 3,336-Unit Affordable Housing Portfolio

John McCurry |

The properties have low vacancy rates and offer affordable options for renters, according to Starwood Capital.

News

Living New York Acquires Brokerage Firm to Bulk-up Landlord Representation

Mariah Brown |

Living New York, a real estate firm specializing in landlord representation, sales and new development, has acquired Mdrn. Residential, a New York-based brokerage firm.

News

Capital One Loans $131M for New Rochelle Mixed-Use Development

Mariah Brown |

Capital One has loaned $131.2 million to RXR Realty, a New York-based real estate firm, for the construction of 26 South Division St., a 28-story mixed-use apartment tower in New Rochelle, New York.

Features

While Portland Changes, Its Vibe Remains a Constant

Lisa Brown |

Use of the popular baseball analogy ‘what inning are we in?’ to gauge how much time is left in the real estate cycle is heard less frequently as the Portland market just keeps going, says Cushman & Wakefield’s Jim Lewis.

Features

Las Vegas Multifamily Lags Behind Prior Peak

Kelsi Maree Borland |

While multifamily is growing in Las Vegas, it is not growing at the same level it was a decade ago.

Nearly 4,500 Apartments Delivered in DTLA Last Year

Kelsi Maree Borland |

The apartment deliveries were up 35% in Downtown Los Angeles last year, setting a new record.