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September 17, 2025
Office-to-residential conversion near Chicago’s Mag Mile lands more than $90 million in financing
Developers planning to convert a high-vacancy office building near Chicago’s Magnificent Mile retail corridor to 252 apartments have secured more than $90 million in financing, a key step for a property that has encountered multiple financial setbacks in recent years.
September 16, 2025
Fed rate reduction could boost commercial real estate
The U.S. Federal Reserve is expected to cut its key interest rate Wednesday, and commercial real estate professionals say that while the move could kick-start some dealmaking, it won’t automatically reshape property investment or project values.
September 16, 2025
Income growth is up for Atlanta-area residents, and it's driving apartment demand
Household incomes in the Atlanta area are rising faster than apartment rents, and that is helping to fuel what is on pace to be a record-setting year for demand in the market.
September 16, 2025
Overall job growth holds steady in Twin Cities, but office-using sectors continue to languish
According to the most recent data from the Bureau of Labor Statistics, the Twin Cities labor market remains resilient but is showing signs of a late-cycle deceleration, with a clear shift in the growth mix. Total nonfarm payrolls increased by 15,900 jobs, or 0.8% year over year, in July, slightly below the U.S. average of 1%.
September 16, 2025
Pacific Oak, facing debt payments, seeks approval for $318 million in property sales
An affiliate of Pacific Oak Strategic Opportunity REIT turned to Israel's bond market in 2020 to raise capital and refinance debt. Now, debt payments are looming, and the California-based real estate investor is looking to sell off properties to shore up its financial condition.
September 15, 2025
Architect finds ways to lower costs for Sacramento affordable housing complex
Developers can struggle to complete projects for affordable housing because of the difficulties inherent in making the finances work. That’s why architect Lawrence Scarpa takes it into his own hands to make the projects pencil out.
September 15, 2025
Multifamily vacancies peak in San Antonio
With absorption outmatching the number of completed projects during the first half of the year, the San Antonio multifamily market might finally be turning a corner.
September 15, 2025
Colliers expands multifamily team; Bell appoints customer experience executive; JLL names consumer goods director
Colliers expands multifamily team
September 15, 2025
Asking rents for Boulder, Colorado, apartments see steep decline
Asking apartment rents in Boulder, Colorado, fell again in August as landlords continue to lower rates to compete for renters in the state's most expensive housing market.
September 12, 2025
Hartford, Connecticut, multifamily market remains balanced in the 3rd quarter
The Hartford, Connecticut, multifamily market has experienced strong demand figures over the past 12 months, totaling more than 1,600 unit move-ins.
September 12, 2025
Chicago developers begin work on apartment tower amid high demand, few new projects
A group of Chicago real estate firms has landed more than $95 million in financing to kick off construction on a 287-unit apartment tower near high-demand Fulton Market, a rare groundbreaking in the city despite high demand and growing rents.
September 12, 2025
Global architecture firm expands in Bay Area
Architecture firm 10 Design has made several new key senior hires, including appointing a new CEO and a prominent San Francisco architect to oversee its Bay Area practice.
September 12, 2025
Saunders Property buys Riverside mobile home park
Saunders Property Co. has purchased Mission Village, a 217-unit senior living mobile home complex in Riverside, California, from The Carlyle Group for $37.5 million, or $172,811 per unit.
September 12, 2025
Arizona is the big winner of the latest job data revision
The Bureau of Labor Statistics recently released a preliminary look at its benchmark revision of annual job data, estimating that total U.S. nonfarm employment in March 2025 was 911,000 jobs lower than previously reported.
September 12, 2025
Long Island's apartment rent growth loses ground for first time in about a year
The apartment market on Long Island, New York, experienced negative monthly rent growth for the first time in almost a year. However, the drop in rent growth appears to be part of the typical summer slump.
September 11, 2025
Investor scoops up apartment building near UC Berkeley as Bay Area rents climb
A 99-unit apartment building in downtown Berkeley that’s about half a mile from the University of California campus has sold to a local real estate firm.
September 11, 2025
Affordable housing development tops off in historic Miami neighborhood
Affordable housing developer Housing Trust Group and general contractor ANF have completed the structural phase of Rhapsody at Rainbow Village, the pair’s affordable housing project in Miami’s historic Overtown neighborhood.
September 11, 2025
Here’s why Airbnb’s global head of real estate is betting on South Florida
The Miami metropolitan area has thousands of multifamily units under construction, many of them with short-term rental flexibility, and that makes the city one of Airbnb’s favorite markets, said Jesse Stein, the company’s global head of real estate.
September 11, 2025
Denver apartment rents decline for third straight month
Denver landlords are dropping rents and offering generous concessions to boost occupancies as the market's seasonal slowdown approaches.
September 11, 2025
Lengthy list of Chicago multifamily offerings gets shorter after nearly $90 million sale
National multifamily investor Waterton has paid almost $90 million for a 263-unit apartment building in its home city, removing one of several high-profile properties from the downtown Chicago for-sale market.

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