Multifamily Archives - The Ivy Group

CRE Daily Jan 8, 2025 National apartment rent growth slowed to just 1% in Q4, the second consecutive quarter of slowing rent growth as a surge in new supply outpaced demand. Easing growth: Year-over-year rent growth dipped to 1.0% in December 2024, down from 1.1% in September, per Apartments.com. National rents averaged $1,729, up slightly […]

By Clare A. Fonstein – Reporter, Silicon Valley Business Journal Dec 4, 2024 STORY HIGHLIGHTS Summerwood Apartments sold for $203.15 million in Santa Clara. The sale is Silicon Valley’s priciest multifamily property in two years. Interstate Equities purchased the complex with 468 units. The transaction marks Silicon Valley’s most expensive multifamily property sale in more than two […]

By the Editors of Commercial Property Executive October 30, 2024 You can also read our other Top CRE Owners rankings.  Key: O=Office, I=Industrial, R=Retail, H=Health Care, Ho=Hospitality, X=Other Though we make every effort to include all major commercial real estate owners, several notable firms (among them Prologis, Blackstone and SL Green) did not participate this […]

This post is summarized from CRE Daily, dated September 25, 2024 The worst is over: The Federal Reserve’s aggressive rate hikes in 2022 dried up capital, hitting office and multifamily sectors particularly hard. Offices struggled due to the shift to remote work, while multifamily faced oversupply. However, signs of easing inflation and softening labor markets […]

By Ted Andersen – Digital Editor, San Francisco Business Times Jun 12, 2024 Updated Jun 12, 2024 1:08pm PDT In a major shift, San Francisco-based Avenue 8 said it’s shutting down the residential real estate brokerage side of its business in favor of selling its AI-powered real estate assistant Sidekick. The company on Tuesday announced the “strategic realignment” […]