Boston is Hot
Looking to invest in multifamily? Boston might be your spot. With over 20,000 apartment units underway in the metro area, Boston is topping the charts for multifamily growth.
“Boston apartment rents grew by an average of 2.8 percent in 2018, and rents are expected to rise 1.4 percent in 2019, CoStar estimates.”
Kushner is Making Moves
Jared Kushner, son-in-law and senior adviser to President Trump recently purchased more than 6,000 apartments in Maryland and Virginia for $1.1b.
- Monetize your lobby? Hotels are embracing the co-working trend by revitalizing lobbies to create user-friendly workspaces.
- Hotel execs in Seattle say, “Thank You New York,” in response to Amazon HQ decision.