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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
  • [ December 20, 2024 ] D.R. Horton to Launch New Master-Planned Community in Utah Weely Real Estate News
  • [ December 20, 2024 ] Hits and Misses for the Real Estate Week of Dec. 16-20 Weely Real Estate News
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HomeCommercial Real EstateAll CRE assets trends for values and rentsMulti family

Multi family

Multifamily properties are types of commercial real estate assets that provide housing units for multiple families within a single building or complex. These properties can include apartments, condominiums, townhouses, and other types of multi-unit residential buildings.

Investors in multifamily properties include individuals, real estate investment trusts (REITs), private equity firms, and institutional investors such as pension funds and insurance companies. These investors may purchase multifamily properties as a standalone investment or as part of a larger portfolio of commercial real estate assets.

Robert Duvall
Celebrities

Robert Duvall once called this stately NYC duplex his home — and now it asks $6.5M for sale

February 25, 2024 Mariel Alumit Comments Off on Robert Duvall once called this stately NYC duplex his home — and now it asks $6.5M for sale

  Make them an offer they can’t refuse. This stately Upper West Side residence asking $6.5 million was once home of “The Godfather” actor Robert Duvall, who played consigliere Tom Hagen in the iconic film. […]

Lincoln Avenue Communities
Commercial Real Estate

Lincoln Avenue Communities to Rehabilitate Historic New Orleans Senior Housing Building

February 2, 2024 Mariel Alumit Comments Off on Lincoln Avenue Communities to Rehabilitate Historic New Orleans Senior Housing Building

Lincoln Avenue Communities (LAC) has acquired Tivoli Place, a senior housing complex in New Orleans, and announced plans for an extensive rehabilitation of the property. The company – which is headquartered in Santa Monica, California, […]

office buildings
Commercial Real Estate

A record number of office buildings will be converted into apartments in 2024 — here’s how many

January 26, 2024 kingstu Comments Off on A record number of office buildings will be converted into apartments in 2024 — here’s how many

In 2024, developers are embarking on an unprecedented mission to repurpose aging office buildings into residential havens — and setting a record for the highest number of housing units transformed. This surge is a direct […]

Communities
Commercial Real Estate

Forecast Projects Increase in Condo Communities During 2024

January 25, 2024 Allen Santos Comments Off on Forecast Projects Increase in Condo Communities During 2024

The number of new condominium communities and homeowners associations is expected to increase by more than 3,000 in 2024, according to projections published by the Foundation for Community Association Research, an affiliate organization of Community […]

room
Commercial Real Estate

Mattress on floor in section of living room lists for $525 a month, highlighting renters’ struggle

January 15, 2024 Allen Santos Comments Off on Mattress on floor in section of living room lists for $525 a month, highlighting renters’ struggle

A room that has been advertised for rent on Facebook for $525 a month has highlighted the impact of the current rental crisis. A post popped up on FB advertising for “1 boy to live […]

Commercial Real Estate

Social Landlords call for net zero funding from Scottish Government

January 11, 2024 kingstu Comments Off on Social Landlords call for net zero funding from Scottish Government

Scottish Government plans to decarbonise Scotland’s social housing stock could force landlords to hike rents by 80%, according to a grim new report. The Scottish Housing Regulator estimates that the cost to Registered Social Landlords […]

Commercial Real Estate

This historic Bronx apartment just listed for a shockingly low price

January 10, 2024 kingstu Comments Off on This historic Bronx apartment just listed for a shockingly low price

The Boogie Down has some of the best deals around — and here’s one that just hit the market. What’s more, it’s one of the cheapest homes available for sale within New York City limits […]

Oklahoma City
Commercial Real Estate

Developer Proposes 134-Story Apartment Tower for Oklahoma City

December 21, 2023 kingstu Comments Off on Developer Proposes 134-Story Apartment Tower for Oklahoma City

A California developer has proposed an apartment tower for Oklahoma City that would be the second tallest building in the nation. According to a report in The Oklahoman, Scot Matteson has put forth a proposal to […]

Apartment
Commercial Real Estate

Ground Breaking on New DC-Area Apartment Complex

November 30, 2023 Mariel Alumit Comments Off on Ground Breaking on New DC-Area Apartment Complex

Greystar Real Estate Partners LLC and Partners Group, a global private markets firm, have broken ground on a new apartment building in a suburb of Washington, D.C. The 26-story tower at 7340 Wisconsin Ave. in […]

California
Home Values

Sales Flat, Prices Up in California’s Housing Market

November 21, 2023 Allen Santos Comments Off on Sales Flat, Prices Up in California’s Housing Market

Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 241,770 in October, according to new data from the California Association of Realtors (CAR). This is up by […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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