Multifamily- Page 4 of 29

Multifamily

August 15, 2023

Atlantic Pacific Companies and GTIS Partners Announce Joint Venture for New Development in Miami

"This new venture provides us the opportunity to invest in a significant Class A multifamily development in a location of tremendous growth in the Downtown Miami market."

July 28, 2023

Smaller Apartment Markets Become a Great Investment Opportunity

Due to work-from-home and hybrid work options and the appeal of more affordable lifestyles, many people have left big cities behind and are calling less costly, less congested smaller markets home. In such places, the desire for a work-play balance becomes more of a reality than just part of a wish list...

July 28, 2023

Apartment Developers Turn to Non-Bank Lenders for Construction Loans

Apartment developers are finding ways to pay for new construction projects–without using loans from traditional banks. For years, multifamily developers have relied on large, short-term loans from banks to finance the construction of new apartment buildings. But rising interest rates and a string of banks failures—most prominently Silicon Valley Bank, Signature Bank and First Republic…

July 26, 2023

West Coast Cities Slam Brakes on Housing Production Amid Worsening Crisis

Up and down the West Coast apartment construction sites are falling quiet despite high demand in a worsening housing shortage. Fewer multifamily projects have broken ground this year from Seattle to San Diego in one of the slowest starts to apartment construction in a decade. In San Jose, no apartments have broken ground after more…

July 19, 2023

Shopoff Realty Investments and Urban Pacific Create Joint Venture Partnership to Develop Urban Town Homes

Shopoff Realty Investments ("Shopoff"), and The Urban Pacific Group of Companies have created a joint venture partnership to further advance Urban Pacific's "Urban Town House" (UTH) build-for-rent, multi-generational housing concept.

July 3, 2023

U.S. Multifamily Outlook: Rent Growth Remains Positive Despite Economic Uncertainty, Says Yardi Matrix

Multifamily rents continued to increase through the first half of 2023, despite challenges for the sector and continuing economic uncertainty. But job growth has remained robust and new households keep forming, creating apartment demand and ongoing rent growth...

June 21, 2023

Capital Square Multifamily Portfolio Reports 94.8% Occupancy at End of First Quarter 2023

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, reported multifamily operational results as of the close of the first quarter 2023. Capital Square’s multifamily portfolio is comprised of 55 residential communities totaling nearly 14,000 units located primarily in the Southeastern United States...

May 22, 2023

The McBride Cohen Company, Cantor Fitzgerald & Silverstein Properties Announce the Closing of a $223 Million Construction Loan for Multifamily Development in Tempe, Arizona

"This project is a significant piece of Tempe’s evolving waterfront landscape,” said Chris Milner, Head of Real Estate Investment Management at Cantor Fitzgerald, L.P.