Articles

  • 1 week ago | multihousingnews.com | Madalina Pojoga

    Western Supply, the 320-unit community currently underway in Tulsa, Okla., checks quite a few boxes: It’s the largest new downtown residential project in recent history, the biggest investment in Arts District housing to date and, last but not least, one of the few “talent villages” catering to the city’s growing remote workforce.

  • 2 weeks ago | multihousingnews.com | Madalina Pojoga

    LUMA Residential’s approach is “taking time and care to create unique brand presence for each property, rather than painting with the same brush over and over,” according to Mattingly. Image courtesy of LUMA ResidentialLUMA Residential has been providing property management services since 1984, when LumaCorp Inc. was founded. In 2020, Rockport Equity joined as co-owner, establishing LUMA Residential in its current form.

  • 3 weeks ago | multihousingnews.com | Madalina Pojoga

    New supply was steady as advertised rents felt the seasonal pinch. Miami. Photo by peeterv/iStockphoto.comSouth Florida’s multifamily market closed 2024 with a measured pace of growth. The average advertised asking rent was down 0.2 percent on a trailing three-month basis, to $2,477, mirroring the national trend. The metro’s average overall occupancy rate in stabilized properties was down 10 basis points year-over-year, to 95.3 percent.

  • 3 weeks ago | multihousingnews.com | Madalina Pojoga

    A strong pipeline is matching outsized demand. Tampa – St Petersburg. Photo by Bilanol/iStockphoto.comTampa’s multifamily market closed 2024 with positive margins, as its fundamentals remained steady. The average advertised asking rent at the end of the year was $1,804, following a 0.2 percent increase on a trailing three-month basis through December, while the U.S. rate contracted 0.2 percent.

  • 1 month ago | multihousingnews.com | Madalina Pojoga

    The plaza at the mixed-use Springline in Menlo Park, Calif., developed by Presidio Bay Ventures. The property features a collection of 50 original artworks curated by Marisa LaVallee of Tableau Gray. Image by Brian Kitts. “450-495 nanometers” by The Apexer. Image by Brandon Shigeta“Hello Today…” by Lucky Rapp. Image by Brandon Shigeta“Springline Poppies” by fnnch. Image by Brandon Shigeta“Rayos del Sol” by Jet Martinez. Image by Brandon Shigeta“Springline Poppies” by fnnch.

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