Rising interest rates were blamed for declining developer confidence in the market for new multifamily housing, according to second quarter data from the National Association of Home Builders (NAHB). The trade group’s newly published Multifamily Market Survey...
Pegasus Residential, an Atlanta-headquartered multifamily property management firm, announced the hiring Dana Caudell as our chief strategy officer. Caudell recently served as chief operating officer of The Aventon Companies, where she oversaw all aspects of asset...
Blaze Capital Partners, a Charleston, South Carolina-based rental housing investment management firm, has acquired Lector 85, a 254-unit apartment community located in the Tampa suburb of Ybor City, Florida. Lector 85 is a Class A mid-rise apartment community built in...
The Franklin Johnston Group (TFJG), a multifamily development and property management firm headquartered in Virginia Beach, Virginia, announced the promotion of James Noel to president of development. Noel joined TFJG in 2017 as senior vice president and general...
Four Mile Capital, a privately held real estate investment firm based in Louisville, Colorado, has entered the Omaha market with its acquisition of the Axis Apartments. The 320-unit, class-A apartment building is in Papillion, Nebraska, a southwestern suburb of Omaha,...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
