Tag: multifamily

JACKSONVILLE, FL – American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired Sentosa Beachwalk, a brand new 348-unit multifamily community located in the Saint John s suburb of Jacksonville, Florida. The community will be renamed The Elysian. With this acquisition, American Landmark s portfolio now stands at 30,000 units throughout…
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The multifamily industry is completely reinventing how it does business in the midst of the coronavirus epidemic. About 20 multifamily marketing managers, directors and VPs; operation VPs; property managers; and leasing consultants recently gathered in a virtual happy hour to talk about how they are relying more and more on virtual apartment tours.  Many are…
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BOCA RATON, FL – Mill Creek Residential, a leading multifamily developer and operator specializing in premier communities across the U.S., announced the formation of a programmatic joint venture with QuadReal Property Group, a global real estate investment firm. The venture will invest up to $421 million to develop and operate multifamily communities in targeted US…
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4.4 million Americans filed for unemployment last week (ending April 18), a decrease of 810,000 from the previous week’s revised level.

This report analyzes REALTOR® recommendations and actions taken by home buyers and sellers to best accommodate their pets and present their homes in the best light, despite effects from their furry family members.

PHOENIX, AZ – As the world grapples to tame the coronavirus pandemic and overturn the economic effects of this unprecedented event, commercial real estate (CRE) investors are monitoring all asset class financial positions to lessen short-term portfolio risk while augmenting investments for long-term growth. SVN | SFRhub Advisors, along with industry experts, predict ongoing consumer…
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One positive effect of sheltering /staying in place orders is that people are engaging in more home hobbies and creative activities that they may have not had time for before due to social activities

ST LOUIS, MO – San Francisco-based real estate investment firm Hamilton Zanze (HZ) has acquired the 170-unit Steelyard & IceHouse Apartments (Steelyard) in St. Louis, MO. The deal closed April 10th. The purchase marks the firm’s fifth acquisition of the year, second property in St. Louis, and first self-sponsored Delaware Statutory Trust (DST). Steelyard is…
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It’s hard being in close quarters with people. This is especially the case now, during the COVID-19 shelter in place. In addition to people being on top of each other in their homes, everyone’s nerves are shot. We don’t know how long we’ll be in quarantine. A lot of people have been laid off. It’s…
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Housing market activity this March fell 8.5% from February 2020. However, March’s sales of existing homes rose modestly at 0.8 % from March 2019.