The number of households spending too much on rent? It keeps growing
Monthly apartment rents might be growing at a slower pace, but they are still too high for a large chunk of U.S. renters.
multifamily
Rise48 Equity acquires 142-unit apartment community in East Dallas
Rise48 Equity acquired Gateway Place Apartments, a 142-unit community in East Dallas, Texas. The property will be rebranded to Rise Gateway and is situated in…
Lodge Financial provides $8.48 million purchase loan for 39-unit mixed-use building in Chicago
Lodge Financial provided a loan of more than $8.48 million to help finance hte purchase of a $12.125 million 39-unit mixed-use building in Chicago. Matthew…
Gantry provides $17.2 million of financing for suburban Kansas City apartment complexes
Gantry secured $17.2 million of permanent loans in separate transactions for two suburban Kansas City apartment complexes. The complexes include the 73-unit Meadowbrook Estates in…
CORFAC survey: Steady deal activity as interest rates stabilize
CORFAC International’s second-half 2024 survey of members from 75 independent commercial real estate firms shows that transaction activity remained stable across the global network in…
A deepdive into the Midwest multifamily investment environment
One thing is clear for any investors looking at the current multifamily investment landscape—capital markets are exerting significant influence on the sector.
Moss Construction, Shiloh Place celebrate groundbreaking of new housing project in McKinney
Moss Construction and Shiloh Place celebrated the groundbreaking of a new housing project that will double the capacity of Shiloh Place in McKinney, Texas. The new…
Northmarq provides acquisition funding for 250-unit apartment complex in Overland Park
Northmarq’s Kansas City Debt + Equity team led by Greg Duvall, managing director, arranged the acquisition financing for The Sovereign at Overland Park, a 250-unit apartment complex located at…
Greenstone Partners closes $25 million sale of Gold Coast Chicago apartment property
Greenstone Partners brokered the sale of Canterbury Court Apartments at 1220 N. State Parkway in the Gold Coast neighborhood of Chicago for $25.7 million. The…
Marcus & Millichap closes sale of 24-unit apartment property in Mosinee
Marcus & Millichap closed the sale of Mosinee Apartments, a 24-unit apartment property located in Mosinee, Wisconsin. The property sold for $2.35 million, or $97,917…