GRANITE PEAK NEWS

Granite Peak Equity Closes Sale of 140-Unit Apartment Community in Tucson, Arizona
Downtown Tucson, Arizona Tucson, Arizona, December 29, 2020 /Newswire/ — Granite Peak Equity has sold Juniper Canyon Apartments, a 140-unit multifamily community built in 1985 and located in Tucson, Arizona. The property...
Harnessing the Power of Social Media to Reach Gen Z
By Aly J. Yale, Multifamily Executive It’s no secret that Generation Z is big on social media. This cohort has grown up on platforms like Instagram, Twitter, and YouTube, and they put more stock in the medium than any ...
Supplementing Multifamily Budgets With Ancillary Revenue
Multifamily Executive, By Samantha Chalmers, Paul Willis Apartment operators are looking to rentable items, pet amenities, and convenience-based premiums to help meet budgetary goals. The pandemic created a multitude of ...
Despite Overall Economic Struggles, Multifamily Foundation Looks Strong
Multifamily Executive, By Christine Serlin While the fundamentals are adjusting for the multifamily market, the foundation is still solid, and industry experts are optimistic looking ahead to the long term. “As we go ...
CMBS Newsflash: On the Trail of Multifamily Performance
The beginning of August appears to mark an inflection point in commercial real estate loan performance. Six months into the COVID-19 crisis, we recognize that many economic supports have expired and new ones are still ...
Different ways to invest in real estate
When you think about real estate investing, the first thing that probably comes to mind is your home. Of course, real estate investors have lots of other options when it comes to choosing investments, and they’re ...
Homeownership Decline to Propel Rental Resiliency
Homeownership rates have risen the past three years, but new evidence points to 2020’s steep income drops sparking a shift away from homebuying. Upcoming years should see declining homeownership rates and increased ...
Apartment Investors Begin to Navigate COVID-19 Deal Landscape
Verde Capital Corp., a private equity and investment management company, is negotiating a sale of several hundred apartments in Northern New Jersey. A buyer has agreed to pay $75 million, or roughly $250,000 per unit for...
Five 2020 Trends to Consider in Multifamily Investment
“Cautious optimism is the proverbial tone many multifamily investors are taking as the start of a new decade is only a few weeks away. The whispers of a slowing economy have turned to a dull roar, but according to ...
Multifamily Market Trends: Growth in 2020 and Beyond
From Parcel Pending, By Quadient The multifamily industry is constantly evolving and experts anticipate more changes in the next decade. Property owners and managers looking ahead in 2020 and beyond have questions such ...