Student housing used to be looked down upon, but over the years it's transitioned into a recession-resilient gold mine. More
In Dallas, Huffines Communities, which is used to building master planned communities, has found a steady income stream in high-end rentals. More
Developers have broken ground on a half dozen new condo projects, with several others on the way, in what was formerly one of Washington, D.C.'s hottest urban neighborhoods. More
Portland, Ore.—Trammell Crow Residential (TCR) has placed a big bet on the Portland area, building new projects ranging from a 22-story high-rise at Alexan South Waterfront to 274 garden apartments at Miraval at Villebois and 188 rentals mixed with retail space at North Mississippi Apartments. More
After Ron Cohen closed on the first parcels of land he bought in the North of... More
Indianapolis —Locally based Ardizzone Enterprises, Inc., has agreed to pay $80.2 million for a portfolio of five apartment properties here from Apartment Investment and Management Co. (Aimco). More
Waterton Associates’ business came full circle when it purchased the Presidential Towers in a $475 million deal in March, the largest multifamily transaction in Chicago’s history. More
When Essex Property Trust, a Palo Alto, Calif.-based REIT, went public in 1994, it brought a distinct operating philosophy to the multifamily universe: to acquire, develop, and own apartment communities in high-barrier, supply-constricted markets. At the time, Avalon Properties (now AvalonBay Communities) engaged in similar tactics in tight Northeast markets. The companies were alone in their practices. More
