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News
Thompson Thrift to Develop 300-Unit Property in Metro Birmingham, Alabama
2+ day, 17+ hour ago (111+ words) Multifamily & Affordable Housing Business Thompson Thrift to Develop 300-Unit Property in Metro Birmingham, Alabama CHELSEA, ALA. — Thompson Thrift has announced plans to develop Rivet, a 300-unit community in Chelsea, 20 miles southeast of Birmingham, Alabama. Completion of the 300-unit asset is…...
WinnCos. Completes $86M Affordable Housing Redevelopment in Upstate New York
3+ day, 20+ hour ago (232+ words) Multifamily & Affordable Housing Business WinnCos. Completes $86M Affordable Housing Redevelopment in Upstate New York FAIRPORT, N.Y. — WinnCos. has completed the $86 million redevelopment of Evergreen East, a 508-unit affordable housing community in Fairport. Originally constructed between 1972 and 1976 by the New York State Urban…...
Mesa Capital Partners Acquires Satori Town Center in Jacksonville
4+ day, 22+ hour ago (117+ words) Multifamily & Affordable Housing Business Mesa Capital Partners Acquires Satori Town Center in Jacksonville JACKSONVILLE, FLA. — Mesa Capital Partners has acquired Satori Town Center in Jacksonville. The seller and sales price were not disclosed. The 289-unit community was built in 2021 by…...
The Rainier Cos. Sells Property Near Colorado State University for $62.7M
5+ day, 18+ hour ago (126+ words) Multifamily & Affordable Housing Business The Rainier Cos. Sells Property Near Colorado State University for $62.7M FORT COLLINS, COLO. — JLL has arranged the $62.7 million sale of Seasons at Horsetooth Crossing in Fort Collins as well as a $38.8 million Freddie Mac acquisition loan…...
JVM Acquires 280-Unit Community in Oswego, Illinois
6+ day, 19+ hour ago (143+ words) Multifamily & Affordable Housing Business JVM Acquires 280-Unit Community in Oswego, Illinois OSWEGO, Ill. — JVM Realty Corp. has acquired Springs at Oswego, a 280-unit luxury community in Oswego, 48 miles west of Chicago. The asset was purchased from Continental Properties and brokered by…...
Five Keys to Boosting Lease Renewals
5+ day, 23+ hour ago (1619+ words) When rent growth is slow, property managers reset priorities. In 2025, rent growth was essentially flat. One reliable third-party source (Yardi Matrix) reported that U.S. multifamily advertised rents ended 2025 with zero percent year-over-year growth, while another data provider (brokerage giant Cushman & Wakefield)…...
Pennrose Opens Mixed-Income Property in the Berkshires
1+ week, 1+ day ago (123+ words) Multifamily & Affordable Housing Business Pennrose Opens Mixed-Income Property in the Berkshires LENOX, MASS. — Pennrose has completed and opened Forge, a mixed-income community in Lenox. The 65-unit Forge includes 13 townhome-style buildings offering one-, two- and three-bedroom units, 50 of which are reserved…...
NexMetro Opens Third BTR Avilla Community in Metro Tampa
1+ week, 6+ day ago (148+ words) Multifamily & Affordable Housing Business NexMetro Opens Third BTR Avilla Community in Metro Tampa LAND O’ LAKES, FLA. — NexMetro has opened Avilla Silver Palm, a 180-home build-to-rent community in Land O’ Lakes, about 20 miles north of Tampa, Florida. This is NexMetro’s third…...
Conor Commercial Real Estate Promotes Mike Fausone to Vice President
1+ week, 6+ day ago (85+ words) Multifamily & Affordable Housing Business Conor Commercial Real Estate Promotes Mike Fausone to Vice President ROSEMONT, ILL. — Conor Commercial Real Estate has promoted Mike Fausone to vice president of development. Fausone joined Conor in 2021 as development manager and was subsequently promoted to…...
29th Street Capital Buys BTR Property in Metro Kansas City - Multifamily & Affordable Housing Business
2+ week, 18+ hour ago (103+ words) 29th Street Capital Buys BTR Property in Metro Kansas City Multifamily & Affordable Housing Business 29th Street Capital Buys BTR Property in Metro Kansas City OLATHE, KAN. — Chicago-based 29th Street Capital has acquired Chestnut Heights Townhomes in Olathe. The 161-unit townhome community will be…...