Joseph Gordon

Expect student housing to experience continued renewed interest from developers and investors, attributed primarily to pent-up demand related to COVID-19, though the segment will still be approached with a hint of trepidation. Expect the bulk of demand and activity in the asset class to be centralized heavily in and around areas with top colleges, with […] More

The acquisition market will maintain strength throughout the Sunbelt, with other markets also seeing upticks in investor interest as demand for value-add supply continues to heat up in terms of competition. Kennedy Wilson expands its portfolio with several new acquisitions under its belt. S2 Capital grabs a multifamily community in the Sunshine State. Elkhorn Capital […] More

Wood Partners opened the Alta ART Tower, a Portland, Ore., multifamily community with 314 units. The property contains a mixture of one-, two- and three-bedroom floor plans. Fourteen of those units are dedicated to affordable housing tenants, clocking in at 60% of the AMI for the region, as part of Portland’s inclusionary housing program. Amenities […] More

Demand for housing within the Southeast region will continue to stay strong, particularly among buyers looking at the value-add segment. Expect owners to bolster unit counts throughout 2022, with hold periods that will likely trend over at least a five-year period. Though Florida will continue to be an in-demand market, watch for investors to begin […] More

JVM Realty Corporation added Steve Boyack to its team as COO. Boyack will serve the company’s multifamily communities throughout the Midwest. He will also oversee the company’s corporate operation functions, which includes technology, sales, marketing, asset management and office management, as well as the performance of the company’s property management platform. Before joining the JVM […] More

Senior housing acquisitions and development are expected to see a sharp increase in activity this year — a trend which should heavily continue over the next few years. As the baby-boomer tenant base ages, the demand for senior housing is only going to grow. While Florida will continue to be a powerhouse in terms of […] More

Cost strains on development should continue throughout 2022 and well into 2023, though despite this, expect the multifamily segment to remain a strong asset class. Demand for workforce housing will continue to grow, and as such, expect developers operating within that segment to be heavily active in order to provide adequate supply.   Count on […] More

Middleburg Communities expects acquisition trends in 2022 to continue the breakneck pace experienced last year, with a lot of sales on the market. “Volume is going to be incredibly elevated. There’s a lot of new capital showing up,” said Kory Geans, chief investment officer for Middleburg Communities, noting that there’s been a massive influx of […] More

Though the early parts of 2021 saw some slowdown in terms of overall acquisition and development pipelines, the latter half of the year saw massive increases in buyer demand. This trend is only going to continue well into 2022, as the volume and demand for the multifamily segment is hitting record highs. Expect several developers […] More

Pine Tree has added Stan McElroy to its team, where the industry veteran will serve as the company’s director of business development. McElroy will oversee the company’s business development and acquisition efforts for the west side of the United States. Previously, McElroy served as the President of BIG Shopping Centers USA, a subsidiary of Israeli-based […] More