Avison Young US Multifamily Market Overview

Avison Young US Multifamily Market Overview
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WinnCompanies Lines Up Financing for Mixed-Income Salem TOD

WinnCompanies Lines Up Financing for Mixed-Income Salem TOD

Boston & New England + Apartment Buildings

WinnCompanies has secured financing for a 115-unit, mixed-income apartment building designed to revitalize the northern gateway to downtown Salem, MA. To be named The Exchange Salem, the seven-story building will be erected on the site of a former municipal parking lot overlooking the city’s mass transit station and parking garage. The $48-million construction project will...

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Walker Webcast: Economist Peter Linneman Revises Rate Forecasts, Warns of Data Center Overbuilding

Walker Webcast: Economist Peter Linneman Revises Rate Forecasts, Warns of Data Center Overbuilding

Apartment Buildings

Economist Peter Linneman still believes inflation will ease. But he’s no longer as confident that the Federal Reserve will respond with cuts in the federal funds rate as quickly as he said earlier this year. Linneman appeared on the Oct. 7 Walker Webcast with host Walker & Dunlop CEO Willy Walker. During the hour-long event,...

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New Westminster Apartment Pair Trades For $18M

New Westminster Apartment Pair Trades For $18M

Canada + Apartment Buildings

Two New Westminster apartment buildings have traded for $18M, providing a fresh transaction marker for Metro Vancouver’s purpose-built rental market. Twin Hollies at 1010 St. Andrews St. and St. Andrews Manor at 1025 St. Andrews St. sold for about $198K per suite at a 5.3% cap rate, according to Goodman Commercial, which handled the transaction....

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