Sun Belt dominates supply gain, accounting for two-thirds of the increase
Sun Belt dominates supply gain, accounting for two-thirds of the increase
Over the past five years, the national multifamily housing market added a massive amount of new supply, with total completions surging from 1.3 million to 1.8 million units.
After broker fee change for apartments takes effect, critics say landlords will raise rents to compensate
Can New York rents be even more expensive? That's what some brokers predict after the New York City Council voted to ban the practice of tenants paying apartment broker fees even w...
Bellwether Housing pitches conversion of aging apartments into 730 units
An affordable housing provider is planning what could be the largest income-restricted rental project in Seattle, where a shortage of cost-conscious residential property has contri...
Investor plans to buy three Tokyo hotels; Global law firm leases large London office space; BlackRock partners in French logistics property purchase
Cincinnati-based Dumes Teets Mullowney Group joins Tampa firm from Marcus & Millichap
Tampa, Florida-based real estate company Franklin Street has boosted its national presence with the acquisition of a student housing investment sales team based in Cincinnati.
Carriage house, modern kitchen among highlights of Wyndmoor house
A longtime home of the family of a prominent Gilded Age railroad executive just outside Philadelphia underwent a thorough restoration before hitting the market, a move that added m...
Developer marks second sale in past month as it ramps up $230 million construction fund
Thompson Thrift is shuffling its portfolio with the sale of another Denver-area apartment development amid several new openings over the past month and a goal of spending $230 mill...
South Flagler House is one of many developments from the company in South Florida
Related Ross, the latest venture from the billionaire developer behind New York's Hudson Yards, is going vertical on the company’s first condominium project in West Palm Beach, Flo...
Residences at 1428 Brickell touted as a groundbreaking, solar-powered residential high-rise
Florida’s sunshine has long been one of its most abundant resources, and now a real estate developer is harnessing that light in a Miami residential high-rise.
Rent growth, development push industrial values up 56% in five years
As population growth and a shift to online shopping have increased the demand for logistics space, Charlotte’s inventory of warehouses and distribution centers rapidly expanded. As...
Colliers brokers sale for 229-unit apartment complex
Colliers recently brokered a deal for the 229-unit Market Street Village apartments at 699 14th St. in San Diego’s East Village, closing the transaction at $82.2 million.
Declining construction levels point to persistent tightness in Milwaukee and Madison
The U.S. multifamily sector has seen record construction levels in recent years, with 600,000 units delivered in 2023 and an estimated 680,000 units forecast to be completed by the...
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Clearline Real Estate receives pair of loans for Excel Miami Apartments
Clearline Real Estate, a Miami- and New York-based developer led by Jenny Bernell, has secured about $95 million in a pair of loans for the Excel Miami Apartments in the city's bur...
Immediate yields are higher in every other US market
Thanks to strong market fundamentals and a contingent of wealthy local investors, Orange County's apartment acquisition yields — or the immediate returns expected on multifamily pr...
Analysts, builders expect more construction next year despite potential new policies, tariffs
Overall U.S. housing starts are down for a second consecutive month, but analysts remain upbeat that demand will be strong for new homes going into 2025.
Multifamily developers still bullish on Norfolk City and Virginia Beach
Hampton Roads, Virginia, is on pace to hit a decade-high for apartment completions as the market's relative affordability and diverse economy continue to draw new renters.
Asking rents in both markets grew 6% over past year
A pair of student housing acquisitions in Kansas and Alabama are adding to the portfolio of one of the nation’s largest providers of off-campus accommodations as the company looks ...
A softening construction pipeline will support tight market conditions over the near term
Apartment demand in Lexington, Kentucky, totaled roughly 230 units in the third quarter of 2024, making it the strongest third quarter since 2020.
Lion Rock Properties buys 88-unit multifamily property in Minnesota
Investment Property Group recently sold Grandview Terrace, a 101,637-square-foot, 88-unit apartment complex in Mound, Minnesota. The buyer, Lion Rock Properties, purchased the two ...