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Industry News

Stay current with the latest news in the income property industry.


Company Suggests High-Tech Solution to Affordable Housing Challenges

Jul 20, 2017

Today’s multifamily news comes from New Orleans, where 365 Connect, a major supplier of leasing, marketing and resident technology platforms for the multihousing market, has released an expansive study exploring the use of resident services in the affordable housing industry. Called Affordable...

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Waypoint Residential Buys Tallahassee Student Housing Complex...

Jul 19, 2017

In breaking multihousing news from Tallahassee, property investment company Waypoint Residential has announced its purchase of a 188-unit student housing complex in the city. The company plans to redevelop the community from student housing to regular apartments to meet the region’s robust...

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Campus Advantage to Manage Two More Student Housing Complexes

Jul 18, 2017

Today’s student housing news comes from Missouri, where Campus Advantage recently won a contract to manage The Row and The Lyfe student housing communities. Both complexes are situated in the city of Columbia and serve students who attend the University of Missouri. Campus Advantage’s Vice...

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Manitoba Housing Selling Vacant Apartment Complex in Winnipeg

Jul 17, 2017

An empty 21-story subsidized housing complex in Winnipeg’s downtown area will soon be sold by the provincial government. The property has been empty for nearly two years after a burst water pipe caused massive damage to the elevator and basement in April 2015. The owners spent $3 million fixing...

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Gelt Pays $107m For Two Denver Apartment Complexes

Jul 14, 2017

Apartment investment company Gelt recently clinched its biggest deal ever when it purchased a two-asset apartment portfolio in Lakewood for $107 million. The deal, which involved 580 apartment units, only whetted the firm’s appetite; Partner Keith Wasserman said they intend to buy multifamily...

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This blog is for informational purposes only, and is not an advertisement for a product or service. The accuracy and completeness is not guaranteed and does not constitute legal, financial, or tax advice. Please consult with your own legal, financial, and tax advisors.

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