Month: August 2020

STATESBORO, GA – XFD Real Estate Partners, a student housing real estate investment and property management firm, recently acquired Cottage Row, the largest off-campus student housing community in Statesboro. This acquisition is the largest student housing sale in the market to date. The 1,087-bed community is located 1.5 miles from Georgia Southern University at 17358…
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Before the pandemic, the role of a mortgage broker was often overlooked. Most borrowers had access to capital and CRE professionals typically did not have much need for mortgage brokers either as their buyers likely had a lender already lined up for a given transaction. Overall, getting a loan was rather straightforward. Now, however, CRE…
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LIVERMORE, CA – Catalyst Housing Group and the California Community Housing Agency announced the $49 million acquisition of The Arbors, a 162-unit rental property in Livermore, CA. In addition to investing $5 million in significant interior, exterior and common area enhancements, Catalyst and CalCHA will transition the currently market-rate property to a rent-restricted community serving…
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If you had told me in January that just a couple of months later I’d be constantly refreshing my Amazon account to see if there were any kettlebells available, I would have said, “What’s a kettlebell?” But also, “Why? You have a gym membership!”

Instant Reaction: New Construction New construction for both single-family and multifamily units ramped up sizably in July, and almost matching pre-pandemic activity in Q1. By:  Lawrence Yun

SAN FRANCISCO, CA – Paramount Group and SRE Group announced the official topping off of San Francisco’s only new ultra-luxury waterfront condominium tower, One Steuart Lane. Rising from one of the most premier sites on the West Coast and touting unobstructed views of San Francisco’s historic Bay Bridge and Ferry Building, One Steuart Lane reached…
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Self-touring already had been considered the wave of the future in the apartment world. Then the pandemic arrived and left no doubt.  But while self-guided tours might imply a distant, do-it-yourself atmosphere, they are not as detached as they sound. Self-touring prospects might not want the direct side-by-side assistance of a leasing agent, but they…
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While COVID-19 has wreaked havoc on the hotel, office, and retail property assets, it brought out the durability of the industrial property market and accelerated e-commerce and warehousing employment.

WEST DUNDEE, IL – Gardner Capital, a family-owned private equity firm specializing in multifamily housing and renewable energy development and investment, recently completed a brand-new senior living complex in suburban Chicago – located in West Dundee, Illinois. Offering affordable housing and a wealth of amenities, the 61 units at Spring Hill Senior Residences are designed…
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With the coronavirus pandemic continuing to rage in many parts of the country, the week ending on Aug. 9 showed most of the major apartment metrics experiencing slight declines, according to Radix data. For example, the average apartment community in the U.S. had a traffic number of 9.37 leads, down from 9.54 leads during the…
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