Austin's affordability gap is not a rent-growth guarantee
Austin's ownership-cost gap and renter engagement coexist with weak apartment rent growth. Jai Perkash examines why supply and operating fundamentals still matter for investors.
Jai Perkash
Multifamily Commercial Real Estate News
12 stories on multifamily in commercial real estate.
Fausto brokers $2.85 million sale of Lake Worth Beach apartments
A 14-unit apartment building at 202 Lucerne Avenue sold for $2.85 million in an August 24 closing, according to Fausto Commercial.
Sam Losek
West Covina Gardens renovation and 12-unit ADU expansion underway
Foss confirms work is underway at West Covina Gardens after an $8 million loan closing, with 12 added units expected around summer 2028.
Sam Losek
42-unit Dania Beach apartment portfolio sells for $6.3 million
Tarek Balis acquired three Dania Beach apartment properties from Ben Damse, with plans to hold the 42-unit portfolio as a long-term investment.
Sam Losek
Landmark completes The Standard at Los Angeles, a 1,261-bed student community near USC
Landmark Properties has delivered 429 apartments near USC, with 1,261 student beds and more than 13,000 square feet of street-level retail.
Sam Losek
312 Bowery Trades for $16.65M in NoHo Multifamily Sale
Allied Realty & Development acquired the 22-unit, free-market property at 312 Bowery for $16.65 million in a sale arranged by Marcus & Millichap.
Sam Losek
Four Peaks enters Denver with Civic Lofts buy from Centerspace at a steep markdown
Denver's oversupplied Golden Triangle saw another reset as Centerspace sold Civic Lofts to Four Peaks for far less than its 2021 price.
Sam Losek
Lendlease Opens Leasing for 260 Apartments at La Cienega Boulevard Mixed-Use Campus
Lendlease has opened pre-leasing for 260 apartments at its 12-story Habitat Residences at 3411 S. La Cienega Blvd in Los Angeles, with move-ins targeted for spring.
Sam Losek
Ex-REIT Executive Teams Up With Former Georgetown Student to Launch Private UPREIT Targeting Vintage Apartments
Jonathan Morris and Bobby Wilson launch Renaissance Realty Trust, a private UPREIT targeting well-leased vintage apartments in the D.C. region with plans to go public.
Sam Losek
Jonathan Rose Companies Expands NYC Affordable Housing Portfolio with $53M Inwood Acquisition
Jonathan Rose Companies acquired the 126-unit Caroline Apartments in Manhattan's Inwood for $53M, the eighth deal for its Affordable Housing Preservation Fund VI.
Sam Losek
Bushburg Secures $78M Loan to Convert FiDi Office Tower Into 400+ Apartments
Bushburg Properties secured a $78M loan from Oak Funding and OakNorth Bank to convert 100 William Street in Manhattan's FiDi into 400+ apartments.
Sam Losek
Waterton Pays $148.5M for 212-Unit Santana Row Apartment Community in San Jose
Waterton acquired the 212-unit Misora apartment community at Santana Row from Federal Realty Investment Trust for $148.5 million, or about $701,000 per unit.
Sam Losek