Multifamily market data: Multifamily housing rents up 14.3% in 2022
The average U.S. asking rent for multifamily housing increased $15 in April to an all-time high of $1,659, according to Yardi Matrix.
Source: bdcnetwork.com
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Beechwood plans multifamily project for 55 acres in Elwood | Long Island Business News
The Beechwood Organization is pitching a plan to build 385 townhomes on the vacant site on Jericho Turnpike.
Source: libn.com
Gardner Capital has Secured a Funding Commitment from GCRE Impact Fund to Support Solar Energy Installation on a Multifamily Development in Texas
Gardner Capital Announces New Multifamily Development in Dallas has Secured a Funding Commitment from GCRE Impact Fund to Support Solar Energy Installation.
Source: pressreleasepoint.com
With financing secured, construction starts on $147M rental project
The 292-unit development dubbed Arboretum at Farmingville will be built on a 62-acre former farm property.
Source: libn.com
Long Island firms in $147M apartment deal | Long Island Business News
The newly built 260-unit transit-oriented rental development opened last year.
Source: libn.com