Tag: multifamily

Supporting Pet Owning Residents in a Social Distancing Environment

Pet-owning apartment residents are lucky to have furry and loveable companions in the era of social distancing. These residents often experience less loneliness and have built-in ambition to get outside during the day—while exhibiting proper social distancing measures, of course. These isolation buddies can bring much joy to pet owners, especially in times of crisis.…
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With a Spring Real Estate Slowdown Expected, NAR Survey Finds Many Realtors® Hopeful for Post-Pandemic Market Rebound

The majority of Realtors® believe buyers and sellers will return to the market as delayed transactions following the end of the health crisis.

Outlook for Multifamily Market Financing

The multifamily market was the most attractively bought property asset in past years.

CMBS Delinquency Rate Ticks Up in March After Downward Trend That Extended for Almost Three Years According to Report

NEW YORK, NY – Trepp, a leading provider of information, analytics, and technology to the structured finance, commercial real estate, and banking markets, has released its March 2020 US CMBS Delinquency Report. The Trepp CMBS Delinquency Rate inched up in March, a rare break from the downward trend that has extended for almost three years.…
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Preferred Apartment Communities Announces Acquisition of 392-Unit Multifamily Community in Tampa, Florida

TAMPA, FL – Preferred Apartment Communities announced its acquisition of Altis Wiregrass Ranch, a newly-constructed 392-unit Class A multifamily community located in Tampa, Florida. Jeff Sherman, President of Multifamily said, “Despite the current near-term environment, our financial involvement in the development of this property since inception gives us a deep understanding of the positive long-term…
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February 2020 Existing and Pending Home Sales

NAR Chief Economist Lawrence Yun discusses the latest home sales numbers, how the coronavirus is affecting the housing market, and the factors that may offset some of the market uncertainties.

Older Millennials: Forming Families, Establishing Homes

Older Millennials: Forming Families, Establishing Homes Older Millennials, buyers aged 30 to 39 years, made up the largest share of home buyers by generation at 25 percent of all home buyers in 2019. By:  Matt Christopherson

MultiVersity Housing Partners Acquires Union on 5th Student Housing Community in Pittsburgh, Pennsylvania

PITTSBURGH, PA – MultiVersity Housing Partners (MVHP) has been awarded management of Union on 5th, located steps from the campus of Duquesne University and less than 2 miles from University of Pittsburgh. MultiVersity Property Management (MVPM) will be overseeing the management of this Class-A student apartment property as well as all planned property improvements. Union…
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Visualization Reinvigorates the Prospect Experience

Renters continue to become increasingly astute. The days of visiting an apartment community without having fully vetted it online are essentially over.  That’s why the multifamily industry has made a concentrated push to include as much information as possible on community websites and other listings, so prospective residents can see amenities, location details and the…
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Enlightenment Plaza Serves as Model for The Provision of Permanent Supportive Housing for The Formerly Homeless

LOS ANGELES, CA – As California goes through its coronavirus crisis, progress towards development of permanent housing options for the homeless becomes an ever more apparent public health and safety priority. In Los Angeles, an important model for PSH is making its way through the planning process and is due for approval and construction start…
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