Power Nap Anyone?
MULTIFAMILY Denver’s largest multifamily transaction in 2.5 years closed last week. A combined 1,023 units sold for $177m to BMC Investments and Oak Coast Properties. Morgan Properties becomes the largest multifamily owner in Pennsylvania Their recent purchase from Lone Star Funds for $890m includes 2,346 units in PA bringing their total unit count to 9,300. Want to […]
Music-Inspired Amenities?
Rent Versus Buy? A recent RentCafe study shows the fastest-growing rent segment to be: high-income earners. Is it a sign of the times? Maybe. These high-income earners are enjoying the flexibility of leases and the ability to live in desirable areas without the commitment of a mortgage. Seattle, Baltimore, and Charlotte have seen the largest […]
A Banner Year for Multifamily
Multifamily real estate had a great year 2018 marked a banner year for multifamily real estate. It was actually the best year of the century. The rental market had folks spending more than ever. Freddie and Fannie also made out with commercial and multifamily loans at an all-time high and delinquencies remaining at all time lows. […]
