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Single-Family Housing Starts Up in December

Single-Family Housing Starts Up in December

by Phil Hall | Jan 17, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts were at a rate of 1.05 million in December, according to data from the US Census Bureau and Department of Housing and Urban Development. This is 3.3% above the revised November figure of 1.01 million. Privately-owned housing starts in...
S2 Capital Acquires Portfolio of 5 Multifamily Properties

S2 Capital Acquires Portfolio of 5 Multifamily Properties

by Phil Hall | Jan 8, 2025 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The multifamily investment management firm S2 Capital acquired a distressed multifamily portfolio consisting of five properties facing foreclosure in Dallas, Nashville, and Knoxville, Tennessee, encompassing 1,768 units. S2 invested $60 million of rescue capital in a...
RealPage Says DOJ Dropped Antitrust Investigation

RealPage Says DOJ Dropped Antitrust Investigation

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The property management software company RealPage Inc. announced it was notified by the Antitrust Division of the US Department of Justice (DOJ) has dropped its criminal investigation into the company’s pricing practices in the multifamily rental housing industry....
Work Begins on 1,484-Unit Transit-Oriented Housing in Toronto

Work Begins on 1,484-Unit Transit-Oriented Housing in Toronto

by Phil Hall | Dec 2, 2024 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Ground has been broken on a new mixed-use, transit-oriented housing project adjacent to the Toronto Transit Commission’s Wilson Station that create 1,484 new housing units including 520 affordable rental homes. The project is a public-private partnership between...
San Francisco DMV Field Office to Become Apartment Complex

San Francisco DMV Field Office to Become Apartment Complex

by Phil Hall | Oct 4, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The office of California Gov. Gavin Newsom announced the redevelopment of an existing Department of Motor Vehicles (DMV) Field Office in San Francisco into an apartment complex. The current site was constructed in 1960, but it no longer complies with current health...
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