The real estate investment firm FCP has acquired Arium Sunrise, a 400-unit multifamily community in Sunrise, Florida. Built in 1998, the property has a 94% occupancy rate and offers an array of amenities including a swimming pool, clubhouse, and fitness center. FCP...
For the first time since December 2023, Germany has registered the most global web searches for South Florida real estate. According to data compiled by the Miami Association of Realtors, property seekers from 144 countries searched MiamiRealtors.com in January. The...
The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) sent a letter to the Trump administration seeking a review of 32 federal programs, rules and regulations at 10 different agencies that may impede the creation of new rental...
The average annual property insurance premium among mortgaged single-family homes rose by a record $276 in 2024 to $2,290, a 14% year-over-year climb, according to a data report from Intercontinental Exchange Inc. (NYSE:ICE). Premiums are now up by 61% over the last...
The Bascom Group LLC, a private equity firm, has acquired Highridge Apartments, a 257-unit apartment community in the coastal market of Ranchos Palos Verdes, California, for $127 million. Highridge Apartments is an institutionally owned, 1972-vintage property that has...
The real estate development firm Webstar Technology Group (OTCQB: WBSR) has partnered with Nelson Worldwide Architects to design its proposed $650 million Bear Village mixed-use family resort destination in Commerce, Georgia. According to the companies, the 120-acre...