August 7, 2025
New York firm acquires Miami health district apartments
Mill Creek Residential and Rockwood Capital sold the Skylar, a 20-story apartment complex in Miami’s health district, for $73.53 million to DRA Advisors.
30,998 Multifamily results
August 7, 2025Cascade Investment refinances luxury apartment tower at Water Street Tampa
Cascade Investment, one of the developers behind Water Street Tampa, has refinanced the Asher, one of the three luxury apartment towers that are open in the transformative 56-acre mixed-use development in downtown Tampa, Florida.
August 7, 2025FHFA clears Fannie, Freddie to double down on affordable housing
The Federal Housing Finance Agency is doubling the amount that Fannie Mae and Freddie Mac can invest in Low-Income Housing Tax Credit properties to $2 billion each, a move that is expected to inject $4 billion yearly into the nation’s affordable housing market.
August 7, 2025Apple boosts US manufacturing investment; Jack in the Box to sell real estate; Agency looks to increase affordable housing supply
Apple boosts US manufacturing investment
August 7, 2025CBRE promotes veteran to boost Boston business; Lee bolsters Las Vegas brokerage team; Davis taps New York market director
CBRE promotes veteran to expand Boston business
August 7, 2025Supply pressure pushes Sacramento rents down
Sacramento’s apartment rents lost ground in July, falling month over month by 0.1% to an average asking rate of $1,870 per month. It was the first time that rents fell during July since 2022, and it marked the second consecutive month of declines.
August 7, 2025Tampa Bay, Florida’s multifamily market posts strongest absorption since 2021
Tampa Bay’s multifamily market is showing renewed strength in 2025, with fundamentals improving considerably over the past few quarters.
August 6, 2025California firm snaps up apartments to extend Seattle buying streak
Kennedy Wilson has bought an apartment complex in Seattle, adding to its holdings in the area as the region's multifamily investment volume reaches a three-year high.
August 6, 2025Burned Altadena office property tests Los Angeles fire rebuilding efforts
In the Los Angeles suburb of Altadena, one of the 40 commercial buildings damaged in the January wildfires is testing the sales market, offering a glimpse of the challenges in an emerging rebuilding process.
August 6, 2025Office tower on Manhattan’s Billionaires’ Row to become apartments
A 32-story office tower on Manhattan’s Billionaires’ Row is set to be converted to a residential property as the city contends with below-average housing vacancy rates and record-high market asking apartment rents.
August 6, 2025This 494-unit groundbreaking stands out in Chicago, where multifamily construction lags demand
A New York-based developer has broken ground on a 494-unit apartment tower in Fulton Market, a relatively rare instance of a large-scale multifamily project under construction in Chicago despite rent growth in the city outpacing most of the country.
August 6, 2025Luxury apartment sale is Inland Empire's priciest recent multifamily deal
A luxury complex just became the Inland Empire’s most expensive apartment sale in years as tenants show they're willing to pay a premium for new construction.
August 6, 2025Midtown Manhattan housing plan clears hurdle
New York’s bid to add close to 10,000 housing units in Manhattan’s Garment District and nearby blocks has moved another step closer to reality.
August 6, 2025Texas multifamily investor expands to Miami with acquisition in medical hub
Olympus Property, a Fort Worth, Texas-based multifamily investment and property management company, has expanded its Florida presence with its first acquisition in Miami, in one of the largest medical hubs in the country.
August 6, 2025South Florida developer scores construction loan for Jacksonville multifamily project
An affiliate of Ceiba Groupe, a Fort Lauderdale, Florida-based developer, received a $40.2 million construction loan for a new multifamily and built-to-rent project along Main Street in Jacksonville, Florida.
August 6, 2025From baseball diamond to mountain peaks, Coleman Cox tackles grueling trail run
When San Diego multifamily investor Coleman Cox decided this year to embrace the Japanese concept of "misogi" — a personal challenge designed to push one's limits — he chose one of Southern California's most grueling trail runs.
August 6, 2025Rents show little sign of improvement in San Diego
For the third straight year, apartment rents fell month over month during July across the San Diego region. They dipped 0.1% to an average of $2,530 per month, still the sixth-highest average monthly asking rent among major metropolitan areas in the country.
August 5, 2025Apartment tower that replaced Chicago grocery store is latest to hit market
A 198-unit apartment building that replaced a grocery store on Chicago’s North Side is for sale, adding to an already lengthy shopping list for multifamily investors in the city.
August 5, 2025Polls reveal gloomy outlook for New York City apartments amid political uncertainty
Despite low vacancies and stronger rent growth than the national average, anxiety over the New York apartment market's future is growing.
August 5, 2025Phoenix's first-half multifamily investment volume edges higher this year
Following a swift rebound last year, the pace of investment in the Phoenix multifamily market has modestly risen thus far in 2025.