Multifamily

The act is a temporary solution meant to provide some level of certainty to renters, modest protections for small landlords and time for the state to determine what additional relief may be needed.

Berkadia has acquired Idaho-based LIHTC Advisors, a full-service firm for apartment investors focused on low-income housing.

The firm is representing Washington Intern Student Housing Foundation in the sale of its Washington DC portfolio.

From Zoom calls to virtual tours, fund managers are finding ways to continue to raise capital despite the challenges.

"The pie has gotten smaller, and COVID-19 certainly has shrunk that pie further."

COVID-19 has accelerated the demise of the in-person leasing office, according to real estate technology provider MRI Software. But the need for leasing and management efficiency will continue beyond the pandemic, it argued.

Despite the hit the sector took at the hands of COVID, the relief work doesn't falter.

The biggest transaction is the purchase of the Aviah Flagler Village apartments in Fort Lauderdale by a Hialeah-based group for more than $67.5 million.