New York City recorded 728 new building filings during the fourth quarter of 2023, which was 48% higher than the historical average dating back to 2008, according to new data from the Real Estate Board of New York (REBNY). However, this surge in housing construction...
Harbor Group International LLC, an international real estate investment and management firm, announced the $132.5 million acquisition of a two-asset multifamily portfolio in Colorado. The portfolio consists of two new Class A properties: Ladora Modern, a 196-unit...
Catalyst Impact Fund, Inc. (CIF), a California-based nonprofit housing investor, has acquired 787 The Alameda, a 168-unit multifamily community in San Jose. The financial terms of the deal were not disclosed. CIF stated future leasing at the 2018-built property will...
ECI Group and its joint venture partner The Griffin Fund have begun construction on The Averly Collins Hill, a $76 million apartment development in Lawrenceville, Georgia. The new development covers 22 acres and will encompass 300 units spread across eight three-story...
Lion Real Estate Group, an investment firm focused on multifamily properties in the Sun Belt states, has acquired District 2308, a Class B 240-unit multifamily property located in Arlington, Texas. The financial terms of the acquisition were not disclosed. The company...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
