Multifamily

As more companies offer the ability to work from home indefinitely, employees have the option to choose where they want to live for the first time–a shift that is already having a massive impact on the rental industry.

Property sellers seeking a 1031 Exchange should be enticed to enter into a Multifamily TIC structure primarily due to the added inherent rights that come along with the structure and the historically safe returns

The tech-driven, multifamily operator has opened a new, 223-bed building in partnership with City Pads, in order to provide attainable housing to Illinois Medical District workers.

Lightstone Capital provided the loan to refinance the recently completed multifamily and office property.

Bank OZK and Lionheart Strategic Management have finalized financing for the ground-up construction of a $179 million multifamily and retail development.

With limited bank financing opportunities and longer escrow periods, some sellers are offering financing to close the deal.

First & Sixth Apartments was completed last year with 20% of its units affordable in response to the lack of low-income housing in Miami.

The end to supplemental payments and a rising number of Covid-19 infections could knock multifamily down a few notches.