The metro’s average overall occupancy rate in stabilized properties was unchanged year-over-year, at 95.5%, as of July. However, the Lifestyle figure saw a 20-basis-point uptick, to 95.3%.Employment gains in Miami stood at 2.4% in the 12 months ending in June, the equivalent of 67,...
Gridline Properties Brokers Development Sale For Planned Live Local Act Project In Miami December 2, 2024/in Industry News, Miami-Dade County Multifamily, Miami-Dade County Retail, Multifamily, NA, Retail /by ADMIN / The property is situated on a corner lot at the high-traffic intersection ...
Mac funded $83 billion in multifamily loans, accounting for approximately 27% of total multifamily lending, according to the Mortgage Bankers Association. Freddie Mac Multifamily supports the acquisition, refinance and rehabilitation of multifamily properties through their different multifamily loan ...
–Inland Residential Real Estate Services LLC (“Inland Residential” or “the Company”), a full-service property management firm specializing in the management of multifamily properties owned by entities that are part of The Inland Real Estate Group of Companies, Inc., announced today the la...
This portfolio of smaller multifamily properties was highly distressed at the time of sale.?How distressed? The economic occupancy had settled at about 50%, much lower than the desired standard of 95% in a healthy multifamily asset. Still, the properties found a willing investor, in part, ...
Cushman & Wakefield has arranged the $504.5 million sale of a 31-property multifamily portfolio totaling 5,115 units located in North Carolina and South Carolina Marc Robinson and Brooks Colquitt represented the sellers while Jacquelyn Aaron led the transaction management. Morgan Properties and Peak...