Multifamily market


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From left: Waterford Property Company’s John Drachman with the Oceanaire complex in Long Beach and Affiliated Development's Nick Rojo with the Bohemian project in Lake Worth Beach (Renderings via Kobi Karp, Oceanaire)

Public housing goes middle class

UPDATED, April 12, 2022, 1:12 p.m.: Public housing has gone middle class. Billed as “workforce housing,” it mimics a private-sector trend in places where home prices and rents have soared beyond the household budgets...

Public housing goes middle class
LEX CEO Drew Sterrett (iStock, Twitter/Illustration by Kevin Rebong for The Real Deal)
National

Startup LEX raises $15M to “take buildings public”

LEX, a commercial real estate securities marketplace, raised $15 million in Series A funding to “take buildings public.” Direct...

Startup LEX raises $15M to “take buildings public”
Tides Equities’ Sean Kia and Ryan Andrade (Tides Equities)

Tides Equities makes $172M Texas multifamily deal

California’s Tides Equities closed two Texas multifamily deals in the past five days, buying a couple of Dallas-Fort Worth...

Tides Equities makes $172M Texas multifamily deal
(iStock)
National

CRE sales hit record $809B in 2021

The commercial real estate market didn’t simply bounce back from a rough 2020 — it soared to record sales in 2021. Commercial property sales totaled $809 billion in 2021, a record for the industry,...

CRE sales hit record $809B in 2021
Alan Feldman, chief executive officer, president & chairman of the board, Resource REIT; Stephen Schwarzman, chairman, ceo & co-founder, Blackstone (Resource REIT, Getty Images, 1000 Spalding Apartment Homes)
National

Blackstone to pay $3.7B for REIT in latest rental push

The Blackstone Group notched another deal this week in its continued push into the rental market. Philadelphia-based Resource REIT...

Blackstone to pay $3.7B for REIT in latest rental push
Gelt touches down in Long Beach with apartment buy

Gelt touches down in Long Beach with apartment buy

UPDATED: Jan. 21, 2022, 11:22 a.m.: Multifamily specialist Gelt has bought a recently built apartment complex in Downtown Long...

Gelt touches down in Long Beach with apartment buy
Lenox Grand 13505 Burnet Road, Austin, Texas (OHT Partners)
National

A 16-acre multifamily development headed to North Austin

Multifamily developers are trying to keep up with all the new office space going up in North Austin’s Domain...

A 16-acre multifamily development headed to North Austin
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