Multifamily

Developers should build in markets that will absorb new construction pipelines adequately because, in some markets, rents are now softening as supply is exceeding demand, Buchanan Street Partners' Tim Ballard tells GlobeSt.com.

Developer research for Viamonte showed that most buyers are coming from the surrounding affluent area, which was an impetus for the site placement, GlobeSt.com learns in this <b>EXCLUSIVE</b>.

Exclusive audio interview: New Jersey Future research suggests that hlousing affordability is a major factor for Millennials, says Tim Evans, New Jersey Future's research director.

For renters in the DFW area, Plano is the best bet with 89.4% of applicants getting approved, followed by Irving with 88.8% and then Dallas, which is also reporting a high approval rate of 84.8%, according to RentCafe.

Danielle Munoz joins the multifamily property-management firm here as part of its expanding California team.

A recent apartment sale in Venice breaks a new cap rate record, coming in at an astounding .7%.

“Change must be carefully considered to those specific aspects of the tax code that have an outsized impact on the multifamily sector," say the National Multifamily Housing Council and National Apartment Association.

A diverse group of real estate CEOS, COOs, CFOs said in a new survey that healthcare and industrial properties were the most attractive for investors.