Category: News

ATLANTA, GA – Providence Real Estate, a multifamily owner-operator, announced the completion of the acquisition of The Stratford Apartment Homes located in the Perimeter Center submarket of Atlanta, Georgia. The property was acquired by the Providence Multifamily REIT, Inc., a Providence-managed private REIT that invests in value-add multifamily opportunities throughout the Southeastern United States. The…
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Hispanic Heritage Month: Hispanic Home Owners NAR compared the socioeconomic status and the effects of COVID on Hispanic Americans to those of other Americans. By:  Nadia Evangelou

CHICAGO, IL – CA Ventures, the global vertically integrated real estate investment management company, announced that QuadReal Property Group (“QuadReal”) has acquired a 50% interest in its U.S. student living platform. The transaction formalizes the conversion of QuadReal’s existing student, entity-level investments with CA, to an ownership stake in the company. QuadReal’s commitment with CA…
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KING OF PRUSSIA, PA – Morgan Properties, the nation’s fifth largest apartment owner and operator, announced it has acquired 18 communities encompassing 3,256 units in North and South Carolina. Morgan Properties acquired the portfolio for $323 million. This transaction takes Morgan Properties unit count in the Carolinas to nearly 5,000 units and their national portfolio…
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  A few weeks ago I got to host a lively chat about digital tools — not only for marketing, but also for personal productivity, well-being, managing leads and enabling teams. Guests Dalia Kalgreen, Director of Marketing for Unified Residential Management, and Katrina Greene, CAM, NALP Trainer, and Senior Regional Property Manager at Sheehan Property…
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Office Property Market Suffered Large Occupancy Losses Office occupancy suffered its biggest loss yet in the second quarter of 2020. By:  Scholastica (Gay) Cororaton Commercial & Investment Real Estate, Office Property

ST LOUIS, MO – Watermark Residential, a wholly owned affiliate of Thompson Thrift and one of the nation’s leading multifamily developers, announced the acquisition of approximately 19 acres of land in the affluent St. Louis suburb of O’Fallon where the company plans to develop their fourth apartment community in Missouri—Avenue64 by Watermark. The expected completion…
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When prospective renters drive by your apartment communities—or stop by for a quick look online—you want them to feel a strong attraction so they’ll come inside to see more. You already know the leasing process starts with curb appeal, but have you taken an objective look recently? It might be time for an update. Here…
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At the national level, housing affordability declined in August 2020 compared to a year ago and fell compared to July.

Weekly Jobless Claims Flattening While the housing market has undoubtedly had a V-shaped recovery, the labor market hasn’t rebounded yet to its pre-pandemic levels. By:  Nadia Evangelou