apartments

Former WeWork exec teams up with Chicago developer to launch amenity and property management platform

Former WeWork exec teams up with Chicago developer to launch amenity and property management platform

In developing 8,000 apartment units over 15-plus years, Alex Samoylovich learned quite a bit about the demands of renters and the inefficiencies in multifamily...

Former WeWork exec teams up with Chicago developer to launch amenity and property management platform
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A 12-year-old apartment complex with a 98% occupancy rate sells for $50M

A 352-unit apartment complex in Lakeland sold for $50 million or $142,045 per unit. Developed in 2007, the Victoria...

A 12-year-old apartment complex with a 98% occupancy rate sells for $50M
As brutal cold grips city, mayor invokes emergency powers against bad landlords

As brutal cold grips city, mayor invokes emergency powers against bad landlords

With the city locked down amid wind chills pushing 50 degrees below zero, Mayor Rahm Emanuel issued a rare...

As brutal cold grips city, mayor invokes emergency powers against bad landlords
Two apartment properties in the Interstate 4 corridor sell for $72.6M

Two apartment properties in the Interstate 4 corridor sell for $72.6M

Two newer apartment properties in the Interstate 4 corridor between Tampa and Orlando sold for a total of $72.6...

Two apartment properties in the Interstate 4 corridor sell for $72.6M
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UPS extending keyless entry at apartment buildings to 10 more cities

United Parcel Service Inc. will expand its use of keyless-entry technology to deliver packages at apartment buildings. After successfully...

UPS extending keyless entry at apartment buildings to 10 more cities
New York firm pays $60M for 470-unit apartment complex north of Tampa

New York firm pays $60M for 470-unit apartment complex north of Tampa

A New York-based owner and manager of rental housing properties paid $60 million for a 470-unit garden apartment complex...

New York firm pays $60M for 470-unit apartment complex north of Tampa
Chicago’s Amazon pitch dangled $2.3B in incentives, special building permit service

Chicago’s Amazon pitch dangled $2.3B in incentives, special building permit service

Chicago’s bid to land Amazon’s second headquarters included a promise of at least $2.3 billion in incentives and special...

Chicago’s Amazon pitch dangled $2.3B in incentives, special building permit service
California-based Passco Companies buys Destin apartment complex for $63.3M

California-based Passco Companies buys Destin apartment complex for $63.3M

A Southern California investment firm bought a new apartment complex in northern Florida for $63.3 million. Irvine, California-based Passco...

California-based Passco Companies buys Destin apartment complex for $63.3M
A 15-year-old rental complex in Ocala trades for $133,000 per unit

A 15-year-old rental complex in Ocala trades for $133,000 per unit

A 263-unit apartment complex in Ocala sold for $35 million, or $133,000 per unit. The 15-year-old property, Grand Reserve...

A 15-year-old rental complex in Ocala trades for $133,000 per unit
Miami may allow denser development in exchange for affordable housing

Miami may allow denser development in exchange for affordable housing

Miami city commissioners gave preliminary approval to a proposal that would require private developers to include affordable housing in...

Miami may allow denser development in exchange for affordable housing
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