Multifamily

Bronx Borough President Ruben Diaz Jr. reports that a grand opening is scheduled today for the 167-unit MLK Plaza affordable housing project being developed by Radson Development in the Mott Haven section of the borough.

Weaver, in his South Florida Multifamily 2019 Forecast report, stated that the near decade of strong performance is not setting up the multifamily sector in South Florida for another crash.

The number of rental households earning six-figures or more in Los Angeles has increased 33%, showing that a large amount of high-income earners are choosing to rent rather than buy.

In an exclusive audio interview, the Australian firm's executive general manager of development, Tom Weeks, discusses the firm's approach to integrating development and the surrounding community in its three new Chicago developments.

The private equity firm sold the Class B multifamily assets to Fairfield Properties and FCP a week after selling a $1.1 billion portfolio of MD and VA apartments to the Kushner Companies.

Under the new deduction, rental real estate is treated as a trade or business entitled to the deduction.

A total of 2,600 homes are approved, with current plans calling for 1,300 single-family homes to be built in the gated Cresswind community.

The co-head of private real estate at Goldman Sachs Asset Management Joe Gorin breaks down two recent Houston and Seattle deals and what they say about multifamily investments now.