Multifamily

With technology rapidly changing, developers today are grappling with how to deliver relevant product several years from now.

"The volume of planned units in many of the cycle's development leaders indicate construction activity in those metros could ease over the next year,” according to RealPage,

A newly acquired multifamily asset will benefit from the update of US 290 because it is located along FM-529, a roadway with one of the highest traffic counts leading directly onto US 290.

Despite slowed deal volume as a whole, off-market transactions increased this year as more investors use it as a strategy to avoid competition and timely bidding rounds.

Housing affordability will worsen, San Diego will fall short of becoming a world-class city and the region's ability to grow in many ways will be stifled if we don't build to meet residential demand, say BMC conference speakers.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

CBRE also reported it represented TH Real Estate, an affiliate of Nuveen, a TIAA company, in the sale of The Wescott, a 261-unit Class-A apartment community in Stamford, to a private New Jersey based investment group for $67 million.

Five of the county's nine sales were in Irvington, where a total of 170 units comprised nearly three-quarters of total deal volume.