Tags » Multifamily
by Dan Rafter
Hans Nordby, managing director of CoStar Group, and Brandon Frankel, market analyst for Chicago with the same company, both say that supply has not yet outpaced the demand for new multifamily units across the Midwest. 664 more words
Olympus Property, a TX-based investor, paid $43.5M for the 322-unit luxury apartment community near Florida Blue, Merrill Lynch and St. Johns Town Center. Carole Hawkin of The JAX Daily Record has the announcement here.
Karen Brune Mathis of The JAX Daily Record reports the former Crawdaddy’s site on the Southbank is under contract to Phoenix-based Alliance Residential that plans some 255 to 265 apartment units. 30 more words
Bisnow reports on three trends in the multifamily industry: Retail Pricing, Assumptions, and Maturing Debt.
From reporter Tonie Auer:
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There’s no slowdown on multifamily deals, but there’s some trends to watch as you hit the gas pedal on deals.