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Who is the most frequent guest of D.C. Airbnb rentals? Your neighbor.
News 1 week ago
Who is the most frequent guest of D.C. Airbnb rentals? Your neighbor.

Sometimes you just need to get away, even a matter of blocks will do. Between Memorial Day and Labor Day, the District welcomed 175,700 Airbnb...

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Denver-based University Communities buys Raleigh apartment complexes from Next Chapter Properties
News 1 week ago
Denver-based University Communities buys Raleigh apartment complexes from Next Chapter Properties

A Denver firm specializing in student housing paid over $38 million for a pair of apartment buildings near N. C. State's North Campus in Raleigh....

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Data: The ceiling for St. Louis rents keeps rising
News 1 week ago
Data: The ceiling for St. Louis rents keeps rising

St. Louis rents are going up, according to new data released this month by apartment listing website Zumper. When tracked by highest average...

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Diverse Business Leaders 2019: Vincent Bennett, McCormack Baron Salazar
News 1 week ago
Diverse Business Leaders 2019: Vincent Bennett, McCormack Baron Salazar

Vincent Bennett, president of housing developer McCormack Baron Salazar, works to build communities where all people can thrive and that impact the...

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Zeus Living expands to L.A. to help house business travelers
News 1 week ago
Zeus Living expands to L.A. to help house business travelers

With hundreds of employees worldwide, unicorn startups such as Bird and ServiceTitan have executives, engineers and other employees coming and...

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21-story Harbour Island apartment tower sells for record-setting price
News 1 week ago
21-story Harbour Island apartment tower sells for record-setting price

A 21-story residential tower on Harbour Island has sold for a record-setting price per unit. JLL represented the seller, a partnership of Tampa's...

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Scottsdale investment firm sells three North Carolina apartment communities
News 1 week ago
Scottsdale investment firm sells three North Carolina apartment communities

An Arizona real estate investment firm has sold a trio of apartment communities in Raleigh, North Carolina, bringing in nearly $50 million combined...

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Stag Commercial proposes $13 million apartment building in Shawnee
News 1 week ago
Stag Commercial proposes $13 million apartment building in Shawnee

Downtown Shawnee soon could get a new apartment complex. Stag Commercial, led by President Kevin Tubbesing, will propose a $13 million, Class A, 67...

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Sorry, Dallas. Houston No. 1 in Texas for multifamily permitting, report says
News 1 week ago
Sorry, Dallas. Houston No. 1 in Texas for multifamily permitting, report says

Multifamily permitting in the greater Houston market continues to outpace nearly all major markets in the country, including every other major...

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Firms connected to Jose Eduardo Manuel Martinez Vertiz-Miranda, Simon Name Yapur buy condo at Palazzo Della Luna on Fisher Island
News 1 week ago
Firms connected to Jose Eduardo Manuel Martinez Vertiz-Miranda, Simon Name Yapur buy condo at Palazzo Della Luna on Fisher Island

The developer of the new Palazzo Della Luna on Fisher Island sold two units for eight figures each within 24 hours. Located in one of South Florida...

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Vestcor closes on Cathedral District property
News 1 week ago
Vestcor closes on Cathedral District property

The Vestcor Companies, through subsidiary VC Cathedral LLC, have closed on a $1.4 million purchase of 325 Duval Street, a downtown property the...

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Madison Marquette's The Travis apartment tower in Midtown tops out
News 1 week ago
Madison Marquette's The Travis apartment tower in Midtown tops out

For the second time this week, a high-rise, mixed-use development in one of Houston's busiest submarkets for multifamily projects celebrated a...

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Morrisville project calls for commercial space, hundreds of residential units
News 1 week ago
Morrisville project calls for commercial space, hundreds of residential units

A Morrisville site could soon see a mix of residential and commercial space. An Atlanta-based developer has plans to build a four-building mixed...

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Greystar's apartment development plans for Pittsburgh don't stop at Shady Hill
News 1 week ago
Greystar's apartment development plans for Pittsburgh don't stop at Shady Hill

Don't expect the company joint venturing with Echo Realty to build 232 apartments above the firm's Shady Hill Center redevelopment to stop at just...

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Historic downtown Piqua building to be revitalized as antique shop, urban residences
News 1 week ago
Historic downtown Piqua building to be revitalized as antique shop, urban residences

A downtown Piqua building has been sold to a new owner who plans to redevelop the historic structure into a retail shop and urban residences. The...

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Jacksonville Housing Authority to start $31.5 million project in Jax Beach
News 1 week ago
Jacksonville Housing Authority to start $31.5 million project in Jax Beach

The Jacksonville Housing Authority board unanimously approved the $30 million redevelopment of its affordable housing complex in Jacksonville Beach...

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Hines' Residences at La Colombe d’Or multifamily tower in Montrose tops out
News 1 week ago
Hines' Residences at La Colombe d’Or multifamily tower in Montrose tops out

The Residences at La Colombe d'Or, Hines' 34-story multifamily tower standing behind the historic hotel of the same name in Montrose, celebrated a...

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Hundreds of Upstate landlords discuss impacts of new tenant protections
News 1 week ago
Hundreds of Upstate landlords discuss impacts of new tenant protections

Landlords and apartment managers from across Upstate came together Tuesday to learn more about a new law that strengthened tenant protections in...

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Investors still scooping up apartment units in metro Phoenix, even as cap rates decrease
News 1 week ago
Investors still scooping up apartment units in metro Phoenix, even as cap rates decrease

Despite the continued decrease in multifamily capitalization rates in metro Phoenix, investors are still hungry for more units. A capitalization,...

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Atlanta firm prepping four multifamily projects for Phoenix
News 1 week ago
Atlanta firm prepping four multifamily projects for Phoenix

Wood Partners - which just sold the Alta San Marcos apartment community it built in Chandler for $71.75 million - already has more than 500 units...

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Meet Matthew Niksa, SVBJ's new commercial real estate reporter
News 1 week ago
Meet Matthew Niksa, SVBJ's new commercial real estate reporter

Matthew Niksa has joined the Silicon Valley Business Journal as its new commercial real estate reporter, covering one of the paper's busiest and...

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Abodu secures first pre-approved backyard apartment design under San Jose's ADU program
News 1 week ago
Abodu secures first pre-approved backyard apartment design under San Jose's ADU program

A 500-square-foot, one-bedroom apartment design from a company called Abodu has received the first pre-approval under San Jose's new program to...

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Bloomington wants townhome ideas for city-owned Lyndale strip
News 1 week ago
Bloomington wants townhome ideas for city-owned Lyndale strip

The city of Bloomington is asking developers to pitch ideas to build townhomes on vacant city land along Lyndale Avenue South. Bloomington is...

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White Oak Properties pays $81 million for The Burlington apartments in St. Paul
News 1 week ago
White Oak Properties pays $81 million for The Burlington apartments in St. Paul

A 438-unit apartment complex off Energy Park Drive in St. Paul has been acquired by an Ohio investor for $81 million, a big jump from the last time...

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Los Angeles firm buys apartments in part of Southeast Austin bustling with apartment construction
News 1 week ago
Los Angeles firm buys apartments in part of Southeast Austin bustling with apartment construction

A Los Angeles-based real estate investment firm has purchased Array, a 370-unit apartment community in Southeast Austin, for $47.5 million,...

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Boston Capital buys Woodbury's Seasons Villas for $45.6 million from Hans Hagen
News 1 week ago
Boston Capital buys Woodbury's Seasons Villas for $45.6 million from Hans Hagen

A 20-year-old rental townhome community near Woodbury's Tamarack Village and the new City Place development has sold for $45.6 million. Boston...

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Why some multifamily developers just don't want Millennial tenants
News 1 week ago
Why some multifamily developers just don't want Millennial tenants

For years, one of the hottest topics in discussions about multifamily development has been how to court Millennials. A generation of apartment...

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San Jose forgiveable loan program could close loop on backyard apartment program
News 1 week ago
San Jose forgiveable loan program could close loop on backyard apartment program

San Jose City Council is expected to close the loop on a backyard apartment program with potential to add hundreds or perhaps thousands of units to...

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Local investment firm enters new market with $123M apartment purchase
News 2 weeks ago
Local investment firm enters new market with $123M apartment purchase

A local real estate investment firm has expanded into a new market with the purchase of an apartment complex in Florida. The Connor Group, which is...

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Opportunity zone investor buys 45-acre townhome community near Rickenbacker Airport
News 2 weeks ago
Opportunity zone investor buys 45-acre townhome community near Rickenbacker Airport

A Pittsburgh-area firm specializing in opportunity zones plans to redevelop a 376-unit community near Rickenbacker International Airport....

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