Multifamily

In addition to the 263 new single-family homes on 70 acres slated at Lakes at Creekside in Tomball, TX, another 38 acres will give way to a gated 131-home residential community in Katy, TX by Trendmaker.

Affordable multifamily housing is a valuable investment class that has many upsides for savvy commercial real estate stakeholders. It is a secure asset…

Officials affiliated with the Parkview Apartments project report that groundbreaking for the venture will proceed this week on the two seven-story buildings adjacent to Berry Lan Park in the Lafayette section of Jersey City.

The multifamily market in and around the Seattle MSA continues to reach new heights for both rent levels and values, and there are more dollars than deals, say Berkadia brokers for a recent Renton deal.

The strong pricing in single-family housing luxury market could be an indicator of the market fundamentals.

Other positive metrics for the firm were net signed contract units were 1,806, up 31%; the contract value was $1.49 billion, up 28% and backlog units at the end of the first-quarter 2020 were 6,461, up 9%.

As investors look to fully capitalize on the tax incentives afforded to projects in Opportunity Zones, layering on top other subsidies offered through programs like the New Markets Tax Credit Program has become popular.

Politicians want to look as though they are addressing the problem, and rent control is an off-the-shelf policy tool that helps some renters, at least in the short term.