Summary: Hines closed a roughly $591 million Delaware statutory trust offering tied to two multifamily properties in Coral Gables, Florida, and Chicago. Hines has completed its largest Delaware statutory trust offering to date, raising approximately $591 million...
A 440-apartment complex in Lehi, Utah, has sold for a reported $130 million, a large transaction in one of the state’s fastest-growing suburban markets. Mountain States Properties sold Seasons of Traverse Mountain to Weidner Apartment Homes, according to a...
Apartment owners are facing a sharp deterioration in financing conditions even as most report relatively stable rental markets, according to the National Multifamily Housing Council’s October Quarterly Survey of Apartment Market Conditions.Released October 22,...
Developers have identified 88,283 senior housing units in planning stages across 214 U.S. markets, according to a new analysis from the National Investment Center for Seniors Housing & Care. The figure offers a view of projects being contemplated as the sector...
New York City’s Council approved legislation Thursday that would give certified nonprofit housing organizations the first opportunity to bid on certain apartment buildings before their owners sell to other buyers, a major proposed change to transactions...
Fed Holds Rates at 3.75%–4.00% as Two Officials Call for Another Hike
