Multifamily

Alabama MF Portfolio Trades For $134M

Erika Morphy | August 16, 2018

Post Road Group and Spruce Capital Partners acquired the 2,000+ unit portfolio.

Crowdfunding Is Perfect for Real Estate Investment

Kelsi Maree Borland | August 16, 2018

Real estate is a physical asset that most people—even new investors—can understand, and crowdfunding it the perfect way to match capital to opportunities.

Analysis

Denver Continues to Heat Up in Development, Investment

Natalie Dolce | August 16, 2018

With many recent deals here, including a new $45-million multifamily development under construction by a Chicago-based firm investment company, among others, Denver continues to appear on investors’ radar.

News

Bruman Realty Buys Downtown Brooklyn Site for $60 Million

Betsy Kim | August 16, 2018

A McDonald’s restaurant and parking lot once occupied the Dumbo lot which has substantially escalated in value in less than a year.

Why We Should Reuse and Recycle Our Buildings

Kelsi Maree Borland | August 16, 2018

Adaptive reuse has a proven track record and has been integral in Los Angeles’ resurgence and transformation over the past decade.

News

B&M Management in $50M Deal for Savannah-Area Apartment Community

Steve Lubetkin | August 16, 2018

"Luxury class A multifamily assets like Two Addison continue to elevate renters' expectations and attract high yield driven investors,” says JLL's Jim Sewell.

Is Semi-Automated Parking the Key to Density?

Kelsi Maree Borland | August 16, 2018

Providing adequate parking on dense, small sites is challenging, but semi-automated parking systems with stackers may be the solution that developers need.

Value-add Multifamily Investors Rush to Phoenix

Kelsi Maree Borland | August 15, 2018

Rapid rent growth, surging demand and an outdated apartment stock has meant big opportunities for value-add apartment investors.

News

Rittenhouse Realty Closes Two Deals in Allentown

John Jordan | August 15, 2018

The real estate advisory firm states the portfolio was 100% occupied at the time of the sale and traded for a total value of $2.755 million.

News

Penthouse Unit at 181 Fremont Trades for Record Price

John Jordan | August 15, 2018

The Mark Co. projects sales to top $1 billion for the expansive development across from DTLA's Staple Center.

UIP-Led Venture Buys Apartment In Cathedral Heights

Erika Morphy | August 15, 2018

Four Threes Tenant Association selected UIP to acquire and redevelop 3333 Wisconsin Ave., NW.

Industrial Drives PGIM Real Estate Finance Lending

Erika Morphy | August 15, 2018

Core-plus financing and multifamily lending will also be areas of focus for the division.

News

Lever Energy Capital, Crescent Launch $500M Sustainable RE Fund

John Jordan | August 15, 2018

Company officials say the $500-million fund is one of the largest in the nation, and the only one of its kind in the state of Colorado.

W&D Provides Bridge Financing for Value-Add MF Acquisition

David Wilkening | August 15, 2018

"As investors struggle to find yields they enjoyed earlier in the cycle, this strategy is becoming more and more popular."

Orlando Rent Increases Lead Nation

David Wilkening | August 15, 2018

New report finds top multifamily markets share characteristics of job growth and low rents.

Today’s ‘Young Millennials’ Are a New Breed

Kelsi Maree Borland | August 15, 2018

Millennials graduating from college today grew up in a different era, post Great Recession.

Is the Metro Finally Coming to the Arts District?

Kelsi Maree Borland | August 14, 2018

Plans are moving forward for a metro line in the Arts District, but we are still years away from seeing the vision become a reality.

News Research

Stringer Says City Should Take Advantage of Strong Economy

John Jordan | August 14, 2018

Fewer than half of new private-sector jobs created in the second quarter were in lower-wage industries, as high-wage industries added 6,000 new jobs—the biggest gain in that sector in the last two years.

News

Ricks Promoted to President of Kennedy Wilson

John Jordan | August 14, 2018

Kennedy Wilson reports that in conjunction with Ricks’ appointment, Peter Collins has assumed the role of president of Kennedy Wilson Europe, which is headquartered in London, and will report to Ricks.

News

360 Market Square Ownership Secures $104M in Financing

John Jordan | August 14, 2018

360 Market Square, built on the former Market Square Arena site, consists of 292 apartment units and approximately 42,000 square feet of ground-floor retail anchored by Whole Foods Market.

Maryland Apartment Community Trades For $70M

Erika Morphy | August 14, 2018

Bridge Investment Group is the buyer of the 399-unit Silver Spring apartment community.

News

Square Mile Capital Originates $90M Construction Loan for Star Metals Residences

Steve Lubetkin | August 14, 2018

The completed property will consist of a nine-story building with 409 rental apartment units, 16,300 of ground floor retail, and an onsite parking garage.

Commentary

Four Reasons CRE Investors Should Consider Salt Lake City

Rich Sarkis | August 13, 2018

In recent years, Salt Lake City has become a prime location to both run a business and invest in commercial real estate.

Dulles Greene Is Trading For $193M

Erika Morphy | August 13, 2018

The Harbor Group is buying the 31-building garden apartment complex for $239,454 per unit.

Opportunity Zone Tax Incentive Is a ‘Game Changer’

Kelsi Maree Borland | August 13, 2018

The opportunity zone tax incentive—part of the new tax plan—could be integral in the development of workforce housing.

News

Capital Realty Arranges Milestone $130M MF Portfolio Transaction in Bayonne/Union City

Steve Lubetkin | August 13, 2018

Setting a new benchmark in the Bayonne area, Capital Realty arranged the sale of 919 apartment units for an out-of-state seller for $130 million.

Commentary

The Best Lender for Your Deal is Rarely the Cheapest

Michael Klein | August 10, 2018

Many borrowers think money, is money, a loan is a loan and quite frankly, that is correct most of the time.

Lenders Favor Workforce Housing Deals

Kelsi Maree Borland | August 10, 2018

With high demand for more workforce housing supply, lenders prefer workforce deals to market-rate multifamily.

News

HFF Arranges Sale and Financing for Philadelphia Apartment Portfolio

Steve Lubetkin | August 10, 2018

Chestnut Hill Village and Blossom Row are situated on 45 acres surrounding Market Square, an ACME grocery-anchored shopping center, and adjacent to the Wyndmoor SEPTA regional rail station.

Breaking the Mold of Transitional Housing

Kelsi Maree Borland | August 10, 2018

Designers and architects are bringing a unique skillset to the challenge of creating more transitional homeless housing by integrating communities seamlessly into communities.

News

Late-in-the-Game LEED is No Issue in Rehab

Lisa Brown | August 09, 2018

The former Corrigan Tower was transformed from a midcentury office building to a 150-unit class-A multifamily building with ground-floor retail and a rooftop pool, now called 1900 Pacific Residences.

Downtown Miami Apartment Offers Lower Rates For Carless Residents

David Wilkening | August 09, 2018

“Our firm sees great value in building residential projects that are within walking distance from public transportation."

News

Bridge Acquires Lenox Park Office Campus in Buckhead

Steve Lubetkin | August 09, 2018

This acquisition brings Bridge’s year-to-date total to nearly 4 million square feet of office space closed.

News

US Economic Changes Could Affect Crowdfunding

Lisa Brown | August 09, 2018

The United States will play an important role in the growth of crowdfunding, estimated to be approximately 30%, followed by Asia-Pacific, especially China, occupying more market share in the future.

News

AG Sets Up $8M Croman Tenant Settlement Fund

John Jordan | August 08, 2018

In October 2017, Croman was sentenced to a year in jail and paid a $5-million tax settlement following separate criminal charges brought by the Attorney General’s office for fraudulent refinancing of loans and tax fraud.

Commentary

Achieving Strong Returns in an Uncertain Investing Environment

Elliot M. Shirwo | August 08, 2018

A look at minimizing risk through mortgage investments, an often-overlooked alternative investment option.

Increase Your Multifamily Allocations Now

Kelsi Maree Borland | August 08, 2018

As we move later in the cycle, American Realty Advisors recommends that investors increase allocations in core multifamily housing.

News

Pollack Shores Acquires Suburban Apartment Community

Steve Lubetkin | August 08, 2018

The acquisition represents the firm’s broader suburban investment strategy.

Research

Seattle Renters Take the Biggest Wallet Hits

Lisa Brown | August 08, 2018

The local job market and Seattle’s appeal to Millennials are the two pillars that will continue to support the extraordinary demand for rental housing in one of the most active US multifamily markets.

Freddie Mac Offers Cheap Mezz Loan In Exchange For Rent Caps

Erika Morphy | August 08, 2018

“This program allows the property owner to achieve the same returns via the workforce housing mezz loan as they would through a standard rent increase.”

Out-of-State Investors Expanding Suburban Footprints

Brian J. Rogal | August 07, 2018

Leasing activity in the metro area outpaces delivery, making it a good time to invest in many of the region’s submarkets.

News

Artificial Intelligence-Based Data Monitoring Helps ETS Clients Control Energy Costs

Steve Lubetkin | August 07, 2018

In our exclusive radio interivew, ETS' Jeff Hendler says his firm's AI platform can help buildings take full advantage of electric rate discounts.

News

Bouwinvest and MacFarlane Invest $750M in NY and CA High-Rises

Betsy Kim | August 07, 2018

New York City and Los Angeles can expect more residential apartment buildings, as another international team focuses in on the desirability of their locations.

News

Silicon Valley Retail Space is Aging Out

Lisa Brown | August 07, 2018

Market Park San Jose, the $2.5 billion 120-acre mixed-use development, is rapidly taking shape to fill the retail void and will be the largest transit-oriented development in Silicon Valley when completed.

Filling the Void for For-Sale Housing Options

Kelsi Maree Borland | August 07, 2018

Lennar has broken ground on Tustin Legacy, a new masterplanned housing community that will bring 218 for-sale homes to Orange County’s tight housing market.

News Thought Leadership

Croatan and Brightman & Gil Sell Peachtree City MF Asset

Steve Lubetkin | August 07, 2018

“Park Place provides a rare opportunity to own in one of metro Atlanta’s most exclusive and high-barrier suburbs,” says Cushman & Wakefield's Nathan Swenson.

News

Renters Are On the Rise in Texas

Lisa Brown | August 06, 2018

Among the nation’s largest metros, Houston ranks first nationally when it comes to the net change in renters with children–an increase of 107,000 households between 2006 and 2016, a surge of 41%.

News

Cushman’s Kohn Named ULI NY Chairman

John Jordan | August 06, 2018

ULI also reports that Brian Collins, head of development, Fisher Brothers, is the organization’s new vice chairman. Both Kohn and Collins took on their new roles at ULI New York effective July 1.

News

Deutsche Finance America, BLG and Shvo Acquire Upper Floors at 685 Fifth Ave.

Betsy Kim | August 06, 2018

The partnership has purchased the vacant office space in the former Gucci Building for $135 million.

How Companies Are Curating a “Cool Culture”

Kelsi Maree Borland | August 06, 2018

Company culture has become integral to attracting ad retaining top talent, but how do you create a winning company culture?