Items Tagged with 'multifamily properties'

ARTICLES

  • Here are 4 "buy" cities for multifamily investment

    These four cities are heating up and offer great upside for investors buying into the market
    Scouring the nation for your next cash cow multifamily acquisition? Look no further than these four underrated cities RealPage says have great upside. Things are a little too competitive for to be profitable for many investors in the primary markets. RealPage’s picks are not the sexiest markets, but their fundamentals are solid and their growth potential make them worthy candidates for investment.
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  • Manhattan's MG Capital partners with CrowdStreet to gain new investors via crowdfunding

    MG Capital is opening up its portfolio to crowdfunding through this new partnership
    MG Capital is partnering with CrowdStreet to open up its luxury properties to crowdfunding. MG Capital is a Manhattan-based residential real estate manager. MG Capital is the largest owner-manager of debt-free luxury residential properties in Manhattan, and the company has plans to expand drastically in the next five years, deploying $5 billion to rope 2,200 properties into its portfolio.
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  • JPI promotes Rosie Cooper to oversee Western U.S. multifamily operations

    Cooper will oversee acquisitions and capital markets to construction and dispositions
    National multifamily company JPI promoted Rosie Cooper to executive vice president and regional managing partner of its Western Region Office. In her new role she will be responsible for acquisitions, development, design management, construction, capital markets, portfolio management and dispositions.
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  • WNC closes $150M fund for affordable housing

    Fund will go toward building or renovating more than 1,950 affordable housing units
    WNC, an affordable housing development, investment and management company, just closed a $150 million fund for affordable housing. The fund enjoys backing from five repeat investors and was able to garner one new investor to add to its war chest.
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  • Foul play in multifamily? Southstar accuses Hines of offloading property with serious hidden defects

    Property was condemned and residents were evacuated
    Southstar Capital Group accused Hines of pulling the wool over its eyes in the $67 million sale of 306-unit luxury apartment complex near Disney World. According to Southstar, Hines willfully hid significant defects on the Aviva at Celebration complex. The two-year old property was allegedly so riddled with defects that it was condemned and its residents were forced to evacuate.
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  • Class-A rent is still growing in a handful of U.S. markets

    Despite overall softening in nationwide Class-A rent, these markets are still soaring
    Despite nationally slowing rent growth in Class-A multifamily product, some markets are defying the odds and posting significant Class-A rent growth. Here's a breakdown of which markets are on the upswing in the Class-A segment.
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  • Zillow makes big move into rental services

    New tools allow renters to apply to unlimited properties for flat fee and pay rent through its portal
    Zillow is at it again, aiming to take more ground in the rental market. This week, the online real estate giant rolled out new tools that allow renters to apply for multiple rentals with one application that includes a background check, eviction history, and a credit report. Plus renters can pay their rent directly through Zillow's portal.
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