Multifamily Headline News

High-Rise Development Featuring 509 Apartment Units Breaks Ground on Riverfront in Chicago, Illinois

High-Rise Development Featuring 509 Apartment Units Breaks Ground on Riverfront in Chicago, Illinois

CHICAGO, IL - A groundbreaking ceremony took place at Wolf Point West Tower featuring more than one hundred and fifty workers and local labor leaders. Wolf Point West Tower is a $160 million, 48-story multifamily...

Civitas EB-5 Capital Closes Fundraising for Multifamily Apartment Project in San Antonio, Texas

Civitas EB-5 Capital Closes Fundraising for Multifamily Apartment Project in San Antonio, Texas

SAN ANTONIO, TX - Civitas EB-5 Capital, a leading sponsor of institutional-quality EB-5 investments nationwide, today announced that it has closed on an $11 million equity investment in partnership with Argyle...

Is Multifamily Asset Management Ready for Big Data? Industry Experts Weigh In on this Burning Question

Is Multifamily Asset Management Ready for Big Data? Industry Experts Weigh In on this Burning Question

AMELIA ISLAND, FL - This October marks the launch of Maximize: the 2014 Multifamily Asset Management Conference, the industry's first event singularly focused on apartment asset management and value-creation...

Anthem Memory Care to Commence Construction on Senior Memory Care Community in Chicago

Anthem Memory Care to Commence Construction on Senior Memory Care Community in Chicago

CHICAGO, IL - Anthem Memory Care, which owns and operates assisted living communities for people with memory loss in the U.S., has been approved by the Village of Burr Ridge, a Chicago suburb, for construction of a...

Mortgage Rates Pause as Investors Digest Mixed Economic News According to BankRate.com

Mortgage Rates Pause as Investors Digest Mixed Economic News According to BankRate.com

NEW YORK, NY - Mortgage rates were essentially unchanged over the past week, according to Bankrate.com. The national average 15- and 30-year fixed mortgage rates both fell by one basis point, to 3.40 and 4.30...

EdR Completes Sale of Two Student Housing Communities Totaling 1,056 Beds for $29.9 Million

EdR Completes Sale of Two Student Housing Communities Totaling 1,056 Beds for $29.9 Million

MEMPHIS, TN - EdR, a leader in the ownership, development and management of collegiate housing, announced the completed sales of two properties to two different companies for a combined price of $29.9...

Embrey Partners and Stonelake Capital Partners Bring Upscale Living to Northwest Houston, Texas

Embrey Partners and Stonelake Capital Partners Bring Upscale Living to Northwest Houston, Texas

HOUSTON, TX - San Antonio-based Embrey Partners, Ltd., and Stonelake Capital Partners, LLC, have opened a four-story, luxury, multi-family rental community at the southwest corner of Highway 249 and Cypresswood...

McCann Realty Partners and DRA Advisors Acquire 291-Unit The Crest at Brier Creek Apartments

McCann Realty Partners and DRA Advisors Acquire 291-Unit The Crest at Brier Creek Apartments

RALEIGH, NC - McCann Realty Partners, LLC and its equity partner, New York-based DRA Advisors LLC, announced the acquisition of The Crest at Brier Creek Apartments in Raleigh, NC.  Built in 2013, the 291-home,...

The RADCO Companies Sells Ashford Way Apartment Community in Metro Atlanta for $5 Million

The RADCO Companies Sells Ashford Way Apartment Community in Metro Atlanta for $5 Million

LAWRENCEVILLE, GA - The RADCO Companies, one of the nation's leading real estate opportunity development companies, has continued its value-added strategy with the sale of Ashford Way, a 98-unit multifamily...

Balfour Beatty to Deliver both New and Renovated Student Housing at Tarleton State University

Balfour Beatty to Deliver both New and Renovated Student Housing at Tarleton State University

DALLAS, TX - Balfour Beatty, an infrastructure group operating in construction services, infrastructure investments, and professional and support services, announced it has reached financial close for a second...

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