Multifamily Headline News

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...

Behringer and PegasusAblon Announce Development of Luxury Multifamily Community in Frisco, Texas

Behringer and PegasusAblon Announce Development of Luxury Multifamily Community in Frisco, Texas

DALLAS, TX - Behringer and PegasusAblon announced today that they have formed a joint venture to develop The Ablon at Frisco Square. The luxury 275-unit multifamily community will be located in the heart of Frisco...

Historic Lincoln Place Apartments Unveils $202 Million Rehabilitation with Sustainable Features

Historic Lincoln Place Apartments Unveils $202 Million Rehabilitation with Sustainable Features

VENICE, CA - Los Angeles Councilman Mike Bonin joined Apartment Investment and Management Company (Aimco), the Department of Housing and Urban Development, the Los Angeles Department of Water and Power, local...

Zillow Ranks Top Places Where Mom-and-Pop Landlords Stand to Make the Most Money in Rentals

Zillow Ranks Top Places Where Mom-and-Pop Landlords Stand to Make the Most Money in Rentals

SEATTLE, WA - Zillow today named the Oklahoma City area the top place where mom-and-pop landlords stand to make the most money on their rental property on a month-to-month basis.  A Zillow Rentals analysis...

Burkely Communities Foresees Continued Demand for Off Campus College Student Communities

Burkely Communities Foresees Continued Demand for Off Campus College Student Communities

GREENSBORO, NC - Burkely Communities, a full-service real estate firm specializing in apartment communities, rental homes and college student apartments, foresees continued demand for off-campus student communities...

Pennsylvania's 216-Unit Hillside Manor Apartments Changes Hands for $10.15 Million

Pennsylvania's 216-Unit Hillside Manor Apartments Changes Hands for $10.15 Million

PHILADELPHIA, PA - A limited partnership led by Philadelphia-based real estate investor Philip Balderston announced that it has sold The Hillside Manor Apartments at 1120 Ward Street in Chester, Pennsylvania for...

Kroll Releases PropertyBeat Report Showing Strong Demand in Multifamily Housing Rental Market

Kroll Releases PropertyBeat Report Showing Strong Demand in Multifamily Housing Rental Market

NEW YORK, NY - Kroll Bond Rating Agency released its fourth issue of PropertyBeat, focused on the multifamily market. This report will provide an overview of the key trends shaping the underlying commercial real...

Mortgage Rates Move Slightly Lower According to Bankrate.com Weekly National Survey

Mortgage Rates Move Slightly Lower According to Bankrate.com Weekly National Survey

NEW YORK, NY - Mortgage rates were slightly lower this week, with the benchmark 30-year fixed mortgage rate sliding to 4.27 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed...

NHP Foundation and Partners Cut Ribbon on $13 Million Renovation of Bayview Towers Apartments

NHP Foundation and Partners Cut Ribbon on $13 Million Renovation of Bayview Towers Apartments

STAMFORD, CT - U.S. Congressman Jim Himes was the master of ceremonies for a ribbon cutting ceremony at Bayview Towers Apartments in Stamford to formally announce the completion of a $13 million of renovation of...

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