Industry News
NMHC Rent Payment Tracker Finds 75.4 Percent of Apartment Households Paid Rent as of December 6
The NMHC Rent Payment Tracker is powered by Entrata, MRI Software, RealPage, ResMan and Yardi Washington, D.C. – The National Multifamily Housing Council (NMHC)’s Rent...
“The Kilroy Stars”, a New Constellation of Light Sculptures, Will Appear Along the West Coast to Inspire Hope for the New Year
Four Pop-Up Installations Will Illuminate Cityscapes of San Francisco, Seattle, San Diego and Los Angeles LOS ANGELES–The Kilroy Stars, a series of light...
Podcast: Jon Dishotsky, CEO of Starcity
Building a co-living enterprise was a challenge even before the COVID pandemic, but Starcity founder and CEO Jon Dishotsky took the approach of...
Starcity Acquires Ollie as Co-Living Industry Faces Critical Juncture
By Meghan Hall The future of urban housing and high-density residential development has come under the magnifying glass this year as the current...
LiquidSpace Launches Network of Flexible Office Spaces for Enterprise Clients
Leading flexible office providers add professional-grade space to support the new enterprise demands of Work From Anywhere. PALO ALTO, Calif., Dec. 7, 2020...
PropTech: As the Pandemic Increases Economic Uncertainty, Jetty Helps Tenants Increase Liquidity
By Meghan Hall Even prior to the current pandemic, renters across the nation facing cost burdens as rising rents continued to outpace increases...
Rubicon Point Partners Targets $250MM Capital Raise for Commingled Fund to Invest in Bay Area and Pacific Northwest
By Jon Peterson San Francisco-based Rubicon Point Partners is now out in the market raising capital for its commingled fund known as Rubicon First...
Puget Sound’s Apartment Supply and Demand Imbalance Most Dominant Trend of 2020
By Meghan Hall After several years at a full sprint, the Puget Sound multifamily market has paused to catch its breath. While nearly...
NorthMarq Completes $9,850,000 Acquisition Financing of The Fulton Apartments in Renton
SEATTLE, WASHINGTON (December 3, 2020) – Jake Leibsohn, vice president of NorthMarq’s Seattle-based regional office arranged the $9,850,000 acquisition financing of The Fulton Apartments on behalf...
Shorenstein Pays $17MM for South Lake Union Office Development Site in Seattle
By Jon Peterson San Francisco-based Shorenstein Properties has paid $17 million to acquire the office building development site in South Lake Union located at...
Blackstone Continues Puget Sound Investment, Buys Five Apartment Communities for Combined $223.5MM
By Meghan Hall It has been a busy season for private equity investment firm Blackstone, who has closed on a number of property...
Vacation Rental Revenues Halved Amid COVID-19 Crisis, Entire Industry to Lose $35B in 2020
By Jastra Kranjec Over the years, the vacation rental industry became a huge business, with millions of tourists choosing fully furnished homes or...
