U.S. occupancy for market-rate apartments is at an all-time high of 97.3%, according to RealPage, Inc. data for September.
Market-Rate Apartment Occupancy at All-Time High
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Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
Apartment Rents Have Another 24 Months of High Growth
Multifamily investors are bullish on long-term rent growth for the next 18 to 24 months, according to experts at the GlobeSt.com Multifamily conference.
Asset Manager – East
Atlanta, GA
Large Coastal Metros Revive Amid Surge in Multifamily Demand
Nine months into 2021, multifamily has already established a new high in annual absorption, surprisingly led by large coastal metros, according to Yardi Matrix data.
One Question with: Diana Keim
Diana Keim is the VP of Annual Philanthropy at City of Hope, a world-renowned cancer and diabetes research and treatment organization in Duarte, CA.
CGI+ sells Cane Island in Florida for $43.5MM
Given Orlando’s strong recovery story, along with NKF’s excellent marketing abilities, we were able to maximize value for our investors, outperforming our original 10-year exit projections by more than 30% in only four years
The Baxter Breaks Ground in Hollywood
This week we broke ground on The Baxter, an 86 unit, 7 story luxury apartment building in Hollywood, CA.
CGI+ Buys Alturas Multifamily Community in Oxnard, California for $50.7M
CGI+ Real Estate Strategies has acquired Alturas, a multifamily property located in Oxnard, for $50.7 million in an off-market transaction. The company plans to rebrand the 170-unit community as Via Oxnard.
CGI+ buys Ventura County apartment complex
Real estate investment firm CGI+ has bought a 170-unit apartment complex in Oxnard, an acquisition it says reflects a pandemic-inspired strategy to broaden its portfolio.
Director of Business Development
Los Angeles, CA