Multifamily

There is significant upside and the potential to increase asking rents, says Transwestern broker Robin Williams.

Lisa Davis brings extensive experience executing large-scale affordable housing and redevelopment projects at both for-profits and nonprofits to her new role.

“Now the critical mass of supply deliveries is weighing on the sector,” says Peter Muoio with Ten-X.

The city has an important attribute that sets it apart from other US tech hubs: affordability.

As construction of the much-anticipated complex is nearing an end, the project value Arlington Commons will bring to the city has jumped from $200 million to estimates of $300 to $400 million.

A roundup of recent deals, leases, executive moves, and other news from the past week.

JPMorgan Chase also plans to expand its small business lending and step up activities in the affordable housing space.

As occupancy rates are anticipated to increase in 2018, operators will look to accelerate rent growth, making multifamily assets in high-barrier and suburban markets compelling options for investors.