New York City
Housing Construction Lags Job Growth Across NYC Region
Housing production has lagged job growth in the New York tri-state region, especially in New York City, the Department of… Read more
Rent Regs Weigh Heavily on NYC Apartment Deals in Q3
The New York City multifamily market experienced across-the-board weakness in the third quarter, as investors took time out to weigh… Read more
NRP Group, Willton Team up on 368-Unit Lucent
The NRP Group is partnering with Willton Investment Management to develop Lucent, a 368-unit apartment complex in Austin’s Tech Ridge… Read more
Construction Spending Hits New Dollar High in NYC
The New York Building Congress forecasts $61.5 billion in New York City construction spending in 2019. This would represent a… Read more
Short Term Rentals Impact on Housing Affordability
What effect are online hospitality marketplaces like AirBnb, Vrbo and HomeAway having on the housing market? A new report from… Read more
Praedium Group Takes Ownership of 387-Unit Everly
The Praedium Group struck a deal with Embrey Partners Ltd. to acquire the Everly, a 287-unit, Class A multifamily complex… Read more
Georgia Investor Acquires 152K-SF Sugar Creek Place I
Songy Highroads closed on Sugar Creek Place I, a 151,722-square-foot, Class A office building in Sugar Land, TX. The Atlanta… Read more
VTS Acquires Software Platform for Retail Landlords
VTS entered into an agreement to acquire PropertyCapsule, the marketing automation and prospecting software used by more than 50% of… Read more
Marriott Acquires W Union Square, Will Showcase Brand’s New Look
Marriott International acquired the W New York – Union Square at 201 Park Ave. South, with plans to transform it… Read more
Pebb Trades Student Housing Near U. of Kansas
Pebb Capital completed the sale of The Rockland in Lawrence, KS, near the University of Kansas, to NB Private Capital… Read more
Bankers Hill Condo Development Receives Construction Financing
San Diego-based developer, INI Greenfield secured $15.1 million in financing for the development of Palatine Bankers Hill, a five-story, 16-unit… Read more
Charter School Incubation Space Opens in Mott Haven
Civic Builders has opened New York City’s first public charter school incubation space in the South Bronx’s Mott Haven neighborhood.… Read more
Olshan Breaks Ground on Fourth Hotel at Columbus’ Easton Center
Olshan Properties broke ground on a 136-key Aloft Hotel at Easton Town Center in Columbus, OH. The new Aloft will become Olshan’s… Read more
Hartman Income REIT Snags 254K-SF Office Portfolio
Hartman Income REIT, operating under the name Hartman vREIT XXI Operating Partnership LP, acquired a three-building, value-add Houston office portfolio… Read more
Newly-Enacted Rent Cap Not Expected to Tarnish Golden State’s Apartment Sector
By Dennis Kaiser Rent control took center stage this week in California, with the passing of AB 1482. With that… Read more
How Long It Takes to Pay Off a Home in the 50 Biggest Metros
The cost of housing in the U.S. has reached excessive levels in recent years, making owning a home unattainable for… Read more
Walker & Dunlop’s Willy Walker: Lenders Are Remaining Disciplined
By Paul Bubny The recent expansion of Fannie Mae and Freddie Mac’s multifamily lending caps by Mark Calabria, the Federal… Read more
American Dream Mega-Mall Partners on Ferry Service from NYC
American Dream, the mega-mall in East Rutherford, NJ set to open later this month, partnered with NY Waterway to provide ferry-bus… Read more
SHVO, Bilgili, Deutsche JV Secures $190M Construction Financing for 9200 Wilshire
A JV led by New York City-based SHVO, Bilgili Group, and Deutsche Finance secured a $190 million construction loan to… Read more