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Building Permits for Apartments Down 23% Since the Pandemic Construction Boom

Building Permits for Apartments Down 23% Since the Pandemic Construction Boom

by Phil Hall | Aug 14, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Developers obtained permits to build an average of 12.8 multifamily housing units for every 10,000 people over the past year, according to a new report from Redfin. This is down by 23.1% from an average of 16.7 during the pandemic building boom, and it is also down by...
Adam Short Named Chief Investment Officer at JVM Realty

Adam Short Named Chief Investment Officer at JVM Realty

by Phil Hall | Aug 27, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

JVM Realty, a Chicago-headquartered multifamily real estate investment and property management firm, has hired Adam Short as the company’s chief investment officer. In his new position, Short will be responsible for managing all aspects related to JVM’s capital needs...
Virtú Investments Acquires San Diego Multifamily Property

Virtú Investments Acquires San Diego Multifamily Property

by Phil Hall | Aug 6, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Virtú Investments, a multifamily real estate investment firm focuses on the western states, has acquired ALX, a 313-unit multifamily property in San Diego. The 19-story ALX was built in 2017 in the city’s Ballpark District neighborhood and also features 2,600 square...
Caliber to Begin Construction on Phoenix-Area Apartment Development

Caliber to Begin Construction on Phoenix-Area Apartment Development

by Phil Hall | Jun 26, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

The real estate investor, developer and manager Caliber (NASDAQ: CWD) announced the completion of funding for the first phase of a single-family rental housing complex in the Ahwatukee Foothills neighborhood in South Phoenix. The new complex is part of a...
Canada’s Property Vista Expands into US Market

Canada’s Property Vista Expands into US Market

by Phil Hall | Jun 10, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Property Vista, an Etobicoke, Ontario-based multifamily property management software provider focused on the Canadian market, is now making its Vida by Property Vista platform available in the U.S. market. In a press statement, the company said its entry into the U.S....
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