Category: News

Metro Home Prices Rise in 94% of Metro Areas in Fourth Quarter of 2019

The vast majority of metro areas saw price gains and very small increases in inventory in the final quarter of 2019

The Jacobson Company Acquires 172-Unit Mid-Rise Apartment Community in Seattle’s Vibrant South Lake Union Neighborhood

SEATTLE, WA – The Jacobson Company, a Los Angeles-based real estate investment firm, acquired Alley24, a 172-unit core plus apartment community in Seattle. This is the company’s second acquisition in the Seattle market. Brian Eisendrath, Brandon Smith and Cory Wizenberg of CBRE’s Los Angeles office arranged the loan on behalf of the borrower. The CBRE…
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Responsible Pet Owners Month: Encourage Your Residents to Make a Positive Impact in February

Being a responsible pet owner is undoubtedly a yearlong objective. But that doesn’t mean pet owners can’t occasionally take inventory of just how well they’re doing on the accountability scale. February is Responsible Pet Owners Month, which creates a prime opportunity for community managers to encourage their residents to take part. Odds are your community…
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Where Marijuana Use Is Legal, Realtors® Saw an Increased Demand in Commercial Properties

The recent string of state-level marijuana legalization continues to impact commercial property demand and residential housing decisions throughout the United States.

American Landmark Apartments Acquires 232-Unit Multifamily Community in South Carolina

SUMMERVILLE, SC – American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired The Tradition at Summerville, a 232-unit multifamily asset in Summerville, South Carolina. The property will undergo a $2.7 million capital improvements project and be renamed The Bryant at Summerville. This is the firm s third acquisition in the…
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5th Grade Wisdom

I have not written in quite some time, and I have blurbs of ideas saved all over the place. In WordPress drafts, in my Apple notes, written down in notebooks, some saved to memory. All awaiting a moment to sit down and just put my fingers to the keyboard, or even just to recapture the…
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CIM Group Announces Completion of 319-Unit Milo Apartment Community in Denver, Colorado

DENVER, CO – CIM Group announced that it has completed construction of Milo, the eight-story, 319-unit apartment community and the second residential phase at 9th & Colorado, a 26-acre urban infill project at the site of the former University of Colorado Health Sciences Center in Denver. Located at 4109 E. 10th Avenue, Milo Is a…
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Instant Reaction: January 2020 Jobs Report

NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on employment in January 2020.NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on employment in January 2020.

Instant Reaction: Jobs, February 7, 2020

NAR Chief Economist Lawrence Yun gives his instant reaction to the February 7, 2020 jobs report.

Multifamily Investor Hamilton Zanze Acquires 270-Unit Apartment Community in Nashville Metropolitan Marketplace

NASHVILLE, TN – San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the Springfield Apartments in Murfreesboro, Tennessee in the Nashville metro area. The transaction closed on January 16th and was the firm’s second acquisition of the year. The 16-building apartment community, located at 3726 Manson Pike, features units averaging 1,013 square feet with…
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