Multifamily

COVID-19 will pass eventually. The question is how large of an exodus cities will suffer, and how long it will last.

The alternative asset manager in in contract to purchase a portfolio of newly developed buildings from Bruman Realty.

California Superior Court Judge Charles Haines ruled the city’s eviction moratorium was a “reasonable exercise of the police power to promote public welfare.”

The apartment rental market comprised of units priced at $22,000 a month and more has seen a 75 percent drop in listings.

With their exterior access and outdoor common areas, garden-style apartments hold greater appeal for virus-wary renters.

The low rate environment continues to make it a good time to refinance apartment properties, assuming you can find a lender willing to cut a deal.