Marcus & Millichap says higher rates are extending renter tenure as apartment fundamentals improve The Federal Reserve initiated a rate hike in September. As of Oct. 8, the 30-year fixed-rate mortgage stood... Read more »
Attendees at Connect Apartments 2026, held in late September at The Biltmore in Los Angeles, had an up-close vantage point to hear from industry leaders on the opportunities and challenges seen by... Read more »
Marcus & Millichap has finalized the sale of 13103 Barbara Ann St., a 41-unit multifamily property in North Hollywood. The property sold for nearly $5.89 million, or $143,610 per unit, and closed... Read more »
New York City is moving ahead with a plan to replace an aging government office building in Lower Manhattan with nearly 4,000 apartments—a project that could nearly double the number of permanently... Read more »
At Connect Apartments 2026 in Los Angeles, Connect CRE asked industry leaders where they’re seeing trends, opportunities or challenges in the Western multifamily market. While not downplaying the challenges that have arisen... Read more »
Against a backdrop of high interest rates, inflation and the conflict in Iran, the “tale of two markets” scenario that began in the post-pandemic office sector now encompasses multifamily, Trepp’s Lonnie Hendry... Read more »
Los Angeles-based Decron Properties has made its first acquisition in nearly two years, paying $114 million for an apartment complex along LA’s Miracle Mile. Decron bought 5550 Wilshire Blvd., a 163-unit complex,... Read more »
The Mogharebi Group (TMG) represented Bay Area-based Tesseract Capital Group in the sale of The Marc at 1600, a 100-unit multifamily community located at 1600 Standiford Ave. in Modesto. The buyer was... Read more »
CEDARst obtained an $80 million construction financing for The Samuel, a 197-unit Class A multifamily development in San Diego’s North Park neighborhood. JLL worked on behalf of the CEDARst Companies, in arranging... Read more »
CBRE facilitated the $21 million sale of Tournament Patio Apartments, a 60-unit multifamily community located at 4111 West 239th Street in Torrance, California. That comes out to $350,000 per unit. CBRE’s Derrek Ostrzyzek,... Read more »