Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
Long gone are the days when deals were getting done on napkins at country clubs, but in decades past commercial real estate could fairly be described as an “old boys’ network.” Even as attitudes about women and minorities have become more benevolent and hiring...
Zoe Hughes is the CEO of NAREIM, the industry association dedicated to the business and organizational strategy of real estate investment managers. Founded nearly 30 years ago, NAREIM addresses the operations and strategic leadership of commercial real estate...
While many commercial sectors struggled through the pandemic, apartments, specifically those in the suburbs, held up relatively well. Now that a recovery seems to be underway, the urban apartment market is picking up steam. JLL reports that apartment asking rents...
Corporate social responsibility (CSR) is not a new concept. Since at least the 1960s, corporations have considered things other than the pure bottom line when making decisions. But in the past few decades, CSR has picked up steam. Over the years, phrases like “The...
CGI+ Real Estate Investment Strategies (“CGI+”) has sold Astoria at Celebration, a 306-unit luxury multifamily community in Celebration, FL to Versity Investments for $74.5 Million. Originally completed in 2016, the property, which was then known as Sola at...
REBusiness Online announced the news regarding CGI+ Real Estate Investment Strategies’, in partnership with Megdal Investments, acquisition of the third and final piece of a 1.7-acre land assembly at the southwest corner of Franklin and Western avenues in Los Angeles’...
Paul Fiorilla, Research Director, Yardi Matrix Multifamily rents came roaring back this spring, and while it’s too soon to say everything is normal again, a strong rebound appears to be on the way. U.S. multifamily rents increased by $10 to $1,417 in April, the...
While April’s job gains of 266,000 as reported by the Labor Department were below expectations, there is still potential for a strong economic recovery this year. The big driver behind the recovery should be pent-up demand. In a late February report, financial...
Forrest Richardson is a noted golf course architect and author of five books on golf course architecture. He recently spoke to CGI+ on the importance of vision in the design of a project. Whether it’s designing a golf course, commercial project, or multifamily...
Coming out of the COVID-19 lockdown, many apartment owners are keeping two words in mind: resident experience. Throughout the pandemic, residents and potential residents became accustomed to a new level of service, whether it was virtual tours, being able to go into...