Downtown Cleveland has long been the fastest-growing area for apartments. The size of downtown Cleveland's apartment inventory expanded 87% over the past 10 years, compared to a 14% expansion for the market overall.
A mixed-use development set to become the second-tallest tower on Manhattan’s Fifth Avenue after the Empire State Building has landed another office tenant, joining a list that includes JAB Holding, the parent of Panera Bread and Krispy Kreme.
Baltimore's multifamily market is bucking the national trend, with developers breaking ground on more apartment buildings and the number of units under construction rising.
A Detroit real estate firm is looking to sell a 21-property portfolio in and around the city’s Eastern Market district. The offering is billed as the largest collection of commercial buildings ever offered in the area by a single owner.
Global investment management firm Harrison Street has reached another milestone in its mission to develop 1,700 student housing beds in Calgary’s downtown University District.
Kennedy Wilson has agreed to acquire Toll Brothers’ Apartment Living platform in a $347 million deal that brings more than $5 billion of assets under management to the Beverly Hills, California-based investment firm.
Residential developer Bridge Housing has launched its first private equity fund for affordable housing on the West Coast, a region that includes some of the priciest housing markets in the United States.
Developers have won zoning approval for a second residential phase of construction at a mall north of Chicago, clearing the way to add 288 apartments as part of a national trend.
A shopping center just north of Chicago has sold for more than $31 million to a developer that is seeking zoning approval to add a 358-unit apartment tower to the property.
An investment firm paid a record $400.8 million to buy five greater Seattle apartment complexes in the latest sign of rebounding investor confidence in the region.
A 233-unit apartment project broke ground near Amazon’s Seattle headquarters in one of the latest examples of the tech giant’s $3.6 billion program to fund affordable housing in cities where the company has big corporate operations.
Developers planning to convert a high-vacancy office building near Chicago’s Magnificent Mile retail corridor to 252 apartments have secured more than $90 million in financing, a key step for a property that has encountered multiple financial setbacks in recent years.
The U.S. Federal Reserve is expected to cut its key interest rate Wednesday, and commercial real estate professionals say that while the move could kick-start some dealmaking, it won’t automatically reshape property investment or project values.
Household incomes in the Atlanta area are rising faster than apartment rents, and that is helping to fuel what is on pace to be a record-setting year for demand in the market.