Multifamily

M&G Investments has committed an initial $50 million in equity to the partnership, which represents its entry into the US multifamily market.

Rent debt improved slightly in September as the economy has continued to improve and add back jobs.

Pricing in the third quarter shot higher than increases in wages and was not offset by super low mortgage rates.

The transaction shifts Preferred Apartment Communities' focus to its multifamily properties while boosting TPG Real Estate Partners' presence in Europe.

However, the pandemic has changed investment trends in Los Angeles, with more capital exiting the state.

The company will use the funds to expand its residential management platform and take a tech-driven operational approach.

California's new tenant relief act was a compromise between tenants and landlords, and offers a new set of rules.

The sales of Regency Park and Travis at the Lake were part of a unique situation that began as a discussion about refinancing, and then led to a value-add sale and 1031 exchange acquisition of another property.