Tag: multifamily

Gardner Capital Completes Construction of 116-Unit Alameda View Affordable Housing Community in Aurora, Colorado

DALLAS, TX – Gardner Capital, a family-owned private equity firm specializing in multifamily housing and renewable energy development and investment, recently completed the Alameda View Apartments, a new affordable housing complex in Aurora, Colo. Gardner Capital developed the Alameda View Apartments in partnership with the City of Aurora; CHFA provided low-income housing tax credit for…
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Comparing Mortgage Payment Status by State

NAR has analyzed the ability of mortgage holders to meet their mortgage payments by state, age group, and income.

Rent is due – the COVID Response

Every day we hear about businesses, restaurants, and properties completely turned upside down from the global pandemic. Every day ourselves, we decide where to draw limits, our comfortability with time in public, and with so much unknown, making plans on what to do next. We need some structure somehow, and there are limits to the…
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Pacific Oak Residential Trust Adds to Growing Footprint With Acquisition of 196 Single-Family Rental Home Portfolio in Illinois

CHICAGO, IL – Pacific Oak Residential Trust, Inc. a wholly owned subsidiary of Pacific Oak Strategic Opportunity REIT, Inc., announced the acquisition of a 196 single-family rental home portfolio in Illinois. The announcement comes on the heels of the company’s July 1st merger with Battery Point Trust, Inc. Following the Battery Point merger and Illinois…
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2020 Member Profile & Market Recovery Survey

Dr. Jessica Lautz, NAR’s Vice President of Demographics and Behavioral Insights, shares highlights of the 2020 Annual Member Profile and the Market Recovery Survey.

Urban Protests Begin to Make Mark on Portland Apartment Communities

Violent downtown protesters are beginning to make their mark on apartment operations in Portland. Wood Partners has one community two blocks from the main protesting area near a federal building and its Managing Director Steve Hallsey says many of the homeless who had lived in that area have relocated to his apartment buildings neighborhood. “We…
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Contract Terminations Fall to 7% in June 2020 as Jobs Recover

As jobs recover, the fraction of purchase contract terminations has started to decline again.

Gardner Capital Completes 93-Unit Gala at Four Corners Upscale Senior Living Community in The Heart of Sugar Land, Texas

DALLAS, TX – Gardner Capital, a family-owned private equity firm specializing in multifamily housing and renewable energy development and investment, recently completed an upscale senior living community in the heart of Sugar Land. With 93 brand-new units, Gala at Four Corners was designed for active seniors ages 55 and up. Gardner Capital developed Provision at…
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Leasing Conditions in a Pandemic Environment

The coronavirus pandemic has heavily hit the demand for commercial real estate: multifamily, office, retail, and hospitality/lodging. The long-term effect on the demand for commercial space is still unraveling. This survey is intended to gather information on the impact of the pandemic on renters and landlords alike on key indicators such as rent payment received,…
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New Unemployment Claims Increased to 1.4 million Last Week However, People Receiving Unemployment Benefits Declined for Seventh Straight Week

Layoffs are still happening, with 1.4 million new filers for unemployment insurance, an increase of 110,000 from the prior week. This seems to be because of the re-closing of business activity in some states (such as no indoor dining).