Prior to the outbreak of the Coronavirus, industry fundamentals remained firm Robust investment and available capital drove another strong year for the multifamily industry in 2019, as demonstrated by the National Multifamily Housing Council’s (NMHC) just released 2020 NMHC 50, the sector’s chief ranking of the nation's largest apartment owners, managers, developers, builders and syndicators. Before the outbreak...
Partners Capital Finance Inc. DBA Archway Fund and the principals of alternative investment manager Oakhurst Advisors have successfully completed a recapitalization of the Los Angeles-based direct portfolio bridge lender, which will now originate short-term commercial real estate debt under the new name Archway Capital. In its first fund of several planned funds under the new name, Archway Capital will...
The National Multifamily Housing Council (NMHC) found a 12-percentage point decrease in the share of apartment households that paid rent through April 5, in the first review of the effect of the COVID-19 outbreak on rent payments. The Tracker found 69 percent of households had paid their rent by April 5; this compares to 81 percent that had paid by...
Luxury Living Chicago Realty (LLCR) analyzed data from 1,708 renters across the company’s 2019 exclusive leasing portfolio to better understand who the renters are, what they do for a living and where they are coming from. Who Are Chicago’s Luxury Renters? The 2019 data revealed 869 (50.9%) of the renters were male and 839 (49.1%) were female. Throughout...
MIAMI and PALM BEACH, Fla. | Jan. 20, 2020 – Across South Florida, luxury condominiums sold for higher prices during the fourth quarter of 2019, according to the quarterly South Florida Luxury Market Report produced by The Keyes Company and Illustrated Properties. The region’s high-end single-family market did not experience similar pricing gains, staying relatively flat when compared to the same period...
