Multifamily Headline News

Only a Dozen Large Metro Housing Markets Feature Both Affordable Rental and For-Sale Housing

Only a Dozen Large Metro Housing Markets Feature Both Affordable Rental and For-Sale Housing

SEATTLE, WA - Of the nation's 100 largest metro areas, only a dozen are currently more affordable than they historically have been for both renters and homeowners, as widespread growth in housing costs...

FirstService Residential Chosen to Manage Three Luxury Apartment Towers in Lower Manhattan

FirstService Residential Chosen to Manage Three Luxury Apartment Towers in Lower Manhattan

NEW YORK, NY - FirstService Residential, the premier property management company in the New York metropolitan area, has been selected as managing agent for three luxury towers located in Manhattan’s Financial...

Mortgage Rates Hit 2014 Low Point According to Bankrate.com Weekly National Survey

Mortgage Rates Hit 2014 Low Point According to Bankrate.com Weekly National Survey

NEW YORK, NY - Mortgage rates moved lower for a second consecutive week, hitting a 14-month low. The benchmark 30-year fixed mortgage rate fell to 4.24 percent, and has an average of 0.28 discount and origination...

Ginkgo Residential Announces Purchase of 641-Unit Multifamily Portfolio in Southern Virginia Market

Ginkgo Residential Announces Purchase of 641-Unit Multifamily Portfolio in Southern Virginia Market

HAMPTON, VA - Ginkgo Residential announced the acquisition of a multifamily portfolio located in the Hampton Roads area of Southern Virginia. The portfolio consists of three, Class A garden style communities,...

Miller-Valentine Group Announces the Renovation of One Lincoln Park Retirement Community in Ohio

Miller-Valentine Group Announces the Renovation of One Lincoln Park Retirement Community in Ohio

KETTERING, OH - Miller-Valentine Group announced a $250,000 renovation of One Lincoln Park, Dayton’s Premier Retirement Community, located at 590 Isaac Prugh Way. The renovation will include the expansion of...

Concierge Management Services Leverages Power of 365 Connect Platform for Next Level Online Services

Concierge Management Services Leverages Power of 365 Connect Platform for Next Level Online Services

NEW ORLEANS, LA - 365 Connect, the award-winning online technology platform provider for the multifamily housing industry, announced today that Concierge Management Services, a vertically-integrated multifamily...

The RADCO Companies Adds Two More Atlanta-Area Properties to Its Portfolio for $33.2 Million

The RADCO Companies Adds Two More Atlanta-Area Properties to Its Portfolio for $33.2 Million

ATLANTA, GA - The RADCO Companies, one of the nation's leading real estate opportunistic investment specialists, has purchased two multifamily communities in metro Atlanta totaling 553 units from Fannie Mae....

30-Year Veteran Terry A. Willis Added as Principal to Lead and Expand KTGY’s Design Studio in Denver

30-Year Veteran Terry A. Willis Added as Principal to Lead and Expand KTGY’s Design Studio in Denver

DENVER, CO - Award-winning KTGY Group, Inc., Architecture + Planning, has added Terry A. Willis, AIA, LEED AP, as a principal in the firm's Denver office. With more than 30 years of design practice, Willis'...

Crescent Communities Opens 252-Unit Crescent Cool Springs in Nashville's Franklin Suburb Market

Crescent Communities Opens 252-Unit Crescent Cool Springs in Nashville's Franklin Suburb Market

NASHVILLE, TN - Crescent Communities has opened Crescent Cool Springs, a 252-unit, luxury community that gives Nashville's historic Franklin suburb a distinctive apartment living option and residents the...

Bascom / Oaktree Joint Venture Acquires 444-Unit Apartment Community in Tallahassee, Florida

Bascom / Oaktree Joint Venture Acquires 444-Unit Apartment Community in Tallahassee, Florida

TALLAHASSEE, FL - The $250 million venture by Bascom and funds managed by Oaktree Capital Management, L.P. has acquired The Reserve at Heritage Oaks, a 444-unit apartment community located at 3909 Reserve Drive...

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