Grubb Properties, a leading vertically integrated commercial real estate firm focused on the multifamily sector, has hired Gavin Morgan as managing director for investments. In his new role, Morgan will work on expanding Grubb’s capital formation efforts, with a...
Median asking rents in the 50 largest metros dropped 0.7% year-over-year last month to $1,747, according to new data from Realtor.com. September marked the fifth consecutive month of rent price declines. The median rent on a studio unit was $1,447 in September, while...
The Bainbridge Companies LLC, a Wellington, Florida-based multifamily-focused real estate firm, has hired Teresa Holmes as vice president of operations. In her new role, Holmes will oversee the daily operations of a real estate portfolio throughout the Southeast and...
Los Angeles County has teamed with the Weingart Center Association to repurpose a hotel in the City of Baldwin Park hotel into a multifamily development with 107 studio apartments for people experiencing or at risk of homelessness. This project is being financed with...
Peakhill Capital and Z Modular announced the closing of a $26 million deal to finance the construction of the first Canadian modular apartment project that will be insured by the Canada Mortgage & Housing Corp. (CMHC). The project, known as Fuze Lucan, is located...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
