Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
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...
The return to the office accelerated in April. Over the month, office occupancy rose from 24% to 26.5%, according to the Back to Work Barometer from Kastle Systems. By comparison, occupancy was 22.9% in mid-January. In the survey, Kastle, a managed security system...
Multi-Housing News recently announced the $41.5 million loan for our 122-unit Mariposa on 3rd in Los Angeles. The floating-rate financing has an initial three-year term and the possibility to extend the maturity date with two more years. To read more about the...
We are thrilled to present the beautiful transformation of Mariposa on 3rd's façade into a living work of art, advertising and retail in collaboration with StandardVision. "3rd Street Crossing represents the ways in which technology platforms can enhance our...
L'Officiel recently unveiled their new stunning cover featuring Oscar nominated Andra Day. The nine shot feature and cover, includes stunning photographs taken throughout Villa Carlotta, by Alexi Lubomirski. To see the stunning images and read the beautiful story,...
Multi-Housing News recently worked on a piece regarding President Biden's wide-ranging proposals and their potential impact on the industry. The piece included commentary from Andre Soroudi, Director of Acquisitions/Development of CGI+. Regarding Biden’s earlier...
Globe St. released their list of Best Bosses for 2021. Included in the list is CGI+ Founder and CEO, Gidi Cohen. They said, "Gidi Cohen has built a reputation as an innovator in residential development. Responding to millennial demand, he creates luxury, fully...