DC’s historic Italian Embassy slated to become luxury apartment building

Soon residents of Washington, D.C., will have the chance to live in a historic building that was the former Italian Embassy. Mill Creek Residential, a multifamily developer that works throughout the nation, today announced that it acquired the neo-Rena…

RentMoola and Optimal Payments partner to boost rent payment security

Weeks after Optimal Payments announced its acquisition of FANS Entertainment, a Montreal-based mobile platform developer, it announced an exclusive partnership with Vancouver-based online rent payment service RentMoola …

Income-to-rent proportions exceed 40 percent in metro markets

Some of the most rapidly growing job markets are in cities with a very high cost of rental living. The proportion of income to rent in 11 of the top 17 metros for job growth exceeds 33 percent, according to recent info from real estate database Mad Val…

CoreLogic’s MyRental helps the little guys find best tenants

Backed by CoreLogic SafeRent, the largest aggregator of current tenant screening data and analytics in the nation, MyRental.com assists independent landlords with finding tenants they can trust to be financially responsible and take care of the unit it…

Student housing deliveries dip

For prominent student housing developers, June represents an intense month where a dual focus is necessary. Collegiate builders must concentrate on wrapping up construction and preleasing projects slated for fall 2015 while also breaking ground on prop…

Luxury Retreats gets a boost from growing interest in short-term rentals

Airbnb is a phenomenon that is helping to change the way we travel. While the idea of renting out another person’s home or apartment isn’t a new one by any means, the company was able to catapult the idea to an entirely new level …

Renters remain confident amid increasing prices and dwindling inventory in major US cities

Since the rise and fall of the housing market, the mentality of owning a property has shifted. For whatever reason — whether a lack of confidence in the stability of the housing market, inventory levels or the desire to live a more temporary space — …

Apartment developers target nonresidential buildings

The diminishing volume of quality multifamily development sites will influence more developers — especially local firms — to target conversion opportunities that involve transforming aging factories, schools, office buildings, warehouses and churches…

Single-family rental properties shed stigma and become increasingly popular option

It’s been years since the “Great Recession” ended, and the housing market is still picking up the pieces that were scattered throughout the nation. Foreclosed properties, stalled construction projects and low homebuyer confidence have shifted the minds…

Tech platform bridges gap between landlord and tenant to ease headaches all around

Renting an apartment is a common middle ground for those not interested in bumming in their parents’ basement, but not quite ready for homeownership. But for a lot of renters, the attention they expect from landlords is lacking, and landlords are juggl…