Miss America Winner Will Get Keys to NYC Apartment

The Miss America Organization is gearing up to crown its 99th national titleholder. But this year, there’s more than a sash up for grabs—the winner will also receive a New York City... Read more »

NYC Plans 215-Unit Bronx Apartment Building

New York City’s Department of Housing Preservation & Development (HPD) has filed plans for a 215-unit apartment building on a vacant city-owned lot in the Bronx’s Melrose neighborhood. The 176,000-square-foot building at... Read more »

Ridge Capital Offloads Two Ukiah Apartment Complexes

Ridge Capital sold a two-apartment Northern California portfolio for $23.5 million. No buyer was disclosed. The apartment portfolio includes Sierra Sunset Village, a 68-unit development at 531 Capps Land and the Alderwood... Read more »

Local Owner-Operator Snags Pico-Robertson Apartment Property

Marcus & Millichap closed the sale of 1476 S Shenandoah St., a 16-unit multifamily property in Los Angeles. The property sold for $5.3 million, or $334,937 per unit.  “Properties like this rarely become available in Pico-Robertson, especially those that have been held by the... Read more »
U.S. Apartment Rents Post Eighth Consecutive Month of Growth

U.S. Apartment Rents Post Eighth Consecutive Month of Growth

U.S. apartment rents were essentially flat in July, with the national average rising +0.03% to $1,747 from June’s upwardly revised level of $1,746, CoStar Group’s Apartments.com reported Wednesday. This marks the eighth... Read more »
Affiliated Closes Financing on Mixed-Income Fort Lauderdale Apartment Venture

Affiliated Closes Financing on Mixed-Income Fort Lauderdale Apartment Venture

Affiliated Development has closed on a $74 million construction loan with Pacific Life Insurance Company for The Cove, a mixed-use, mixed-income multifamily development on the northwest corner of Sunrise Boulevard and Federal... Read more »
Inside the maximalist apartment of a Silver Lake stylist

Inside the maximalist apartment of a Silver Lake stylist

“More is more and less is a bore.” ― Iris Apfel After spending decades collecting clean-lined Midcentury Modern furniture and accessories, stylist Wendi Weger felt it was time to give her Silver... Read more »
Kennedy Wilson Plans Santa Monica Apartment Project

Kennedy Wilson Plans Santa Monica Apartment Project

Kennedy Wilson is looking to add much-needed housing to Santa Monica’s multifamily inventory.  The Beverly Hills-based firm filed an application with the City of Santa Monica’s Community Development Department to build an... Read more »
CIM Group, Hulic Acquire West Hollywood Apartment Property

CIM Group, Hulic Acquire West Hollywood Apartment Property

CIM Group completed the acquisition of Domain WeHo, a 166-unit apartment community in West Hollywood, in partnership with Hulic Co., Ltd. Although terms were not disclosed, LA Business First reported that the... Read more »
Former Dodgers Owner Frank McCourt Lists .5 Million Apartment

Former Dodgers Owner Frank McCourt Lists $47.5 Million Apartment

Former Los Angeles Dodgers owner Frank McCourt has listed the opulent New York City apartment he bought the same year he sold his stake in the legendary sports team—offering up the “distinguished”... Read more »