Planned Community Developers has closed on 120 acres in Pearland, Texas, clearing a major ownership hurdle for The Orchard, a mixed-use district planned to contain roughly 1,100 apartments and 100 additional higher-density homes. The developer announced the closing...
BSR Real Estate Investment Trust has won approval to list on the New York Stock Exchange, moving its U.S. trading presence to a major domestic exchange while changing its Canadian and over-the-counter listings. The Sun Belt apartment owner announced October 8 that...
A new 172-unit apartment development in Los Altos, California, is preparing to begin leasing, with 29 of its homes designated for below-market-rate housing. Prometheus Real Estate Group announced October 8 that Harken, at 5150 El Camino Real, will begin leasing this...
Rentana has introduced a revenue-management feature aimed at one of multifamily development’s most sensitive stages: leasing newly delivered apartments before a property reaches stable occupancy. The Dallas-based software company announced Lease Up Mode on...
Construction has started on The Ibex at Ridge Hill, a $140 million mixed-use apartment tower in Yonkers, New York, adding 282 apartments to the Ridge Hill development as multifamily construction continues to attract capital in supply-constrained suburban...
Fed Holds Rates at 3.75%–4.00% as Two Officials Call for Another Hike
