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...
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...
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....
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...
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...
Fed’s Musalem Sees More Rate Hikes Over Next Six to Nine Months
