Carroll Organization and PGIM Real Estate are partnering on an acquisition of a multifamily portfolio in Raleigh-Durham, N.C., Ponte Vedra Beach, Fla. and Charleston, S.C.
The decrease in the pricing of LIHTC credits, as well as rising construction costs may put a dent in affordable housing construction.
Exclusive research shows continued confidence in the apartment sector despite high levels of construction activity and rising interest rates.
Residential starts increased 1.5 percent in October, driven by multifamily projects.
The HUD’s rental assistance demonstration program allows investors to rely on predictable revenue from monthly rent vouchers.
Fannie Mae, Freddie Mac increase required energy/water conservation to 30 percent from 25 percent for next year.