Spotlight On

HOUSTON—Despite demand being slightly reduced because of oil prices, a multifamily builder says it cannot build townhomes fast enough in the Hadley Building, and will run out of inventory before delivery.

SAN DIEGO—There is a significant difference between what a new apartment project costs to build or buy today and the pricing on 1970s and 1980s vintage projects, which can typically be acquired for well below replacement costs, Pathfinder's Lorne Polger tells GlobeSt.com <b>EXCLUSIVELY</b>.

IRVINE, CA—Tech-software companies are developing new digital platforms to make mobile integration even easier and encourage more mobile connectivity between CRE professionals, Western National's Nick Alicastro tells GlobeSt.com <b>EXCLUSIVELY</b>.

WASHINGTON, DC—This finalist in the 2016 edition of the NAHB Pillars of the Industry Awards had to tear down what was once an art deco staple. But while the brick and mortar may have been replaced, the spirit of the original is fully intact.

HOUSTON—While national investors have shied away because of the downturn in the oil industry, others see opportunity in the void and have allocated funds for building portfolios.

NEW YORK CITY—Located in Lower Manhattan, the property was purchased by an area multifamily owner that plans a conversion with units at “relatively affordable rents.”

CHICAGO—Millennials and seniors are seen as key drivers for the REIT market, underpinning demand for multifamily housing and senior care facilities

HOUSTON—The RADCO Companies says class-B communities with modest rents have a competitive edge in the market, which made the acquisition of two communities compelling.