Real estate organizations recognize the strong business case for incorporating environmental, social, and governance (ESG) factors into their normal business operations with the increasing public focus on climate change and its impacts, new policies affecting building energy performance, and pressure from investors.
While some large buildings are largely empty in the near term, multifamily real estate is facing the opposite challenge: unprecedented continuous occupancy.
An apartment complex in Birmingham, Alabama, sold for nearly 43% more than the value it traded for just four years ago.
Stonepine Apartments has traded hands in Thousand Oaks. A private family trust sold the 108-unit garden-style multifamily property has sold for $33.4 million
PA Multifamily, a privately held real estate investment company that specializes in acquisition, development and asset management, has joined the Urban Land Institute’s Greenprint Center for Building Performance (Greenprint).
West Coast-based FPA Multifamily, LLC has established a beachhead in the greater Boston market with the $130-million purchase of the Fountainhead Apartments
Tower 16 Capital Partners, a San Diego-based investor, has acquired the District at Grand Terrace in Colton for $63 million in an off-market transaction from FPA Multifamily.