Updated Report Shows LIHTC Performance Metrics Continue to Strengthen

Published: Jun 19, 2015

CohnReznick, LLP recently released its third comprehensive report on the performance of apartment properties financed with federal low-income housing tax credits (LIHTCs). Using the data provided from a large pool of syndicators, operators, and investors, CohnReznick assembled a database of…

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Jernigan: Metros need $25B worth of storage facilities

Published: Jun 04, 2015

Developers should build 3,450 facilities over the next five years in the 50 largest metro areas to erase the facility deficit and keep pace with future population growth, Jernigan, chairman and CEO of publicly traded self-storage lending firm Jernigan Capital, told…

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Miami self-storage projects land $22M in financing

Published: May 22, 2015

Brian Bandell South Florida Business Journal A local development group landed $21.9 million in financing to build two self-storage complexes in Miami-Dade County. Cleveland-based Jernigan Capital Operating Partnership gave the mortgages to affiliates of Miami City Self Storage LLC, headed…

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Developer plans 1M sf of self storage for Miami-Dade

Published: Apr 28, 2015

By Sean Stewart-Muniz Could self storage be the next big thing in real estate? At least one development firm thinks so. Miami City Self Storage, which develops in-fill storage facilities throughout South Florida, just picked up six parcels in Miami-Dade County…

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The Rise of Microunits

Published: Apr 27, 2015

Byron Carlock Micro-units—rental apartments about the size of a hotel room—represent a small but growing niche of the real estate multi-housing market. These miniscule living units seem ideally suited to young people who are mobile, come and (mostly) go and…

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In suburban Doral, developers bank on an urban future

Published: Mar 30, 2015

BY NICHOLAS NEHAMAS NNEHAMAS@MIAMIHERALD.COM Over the next several years, developers say their pedestrian-friendly, retail-centric projects will bring nearly 5,600 luxury residential units — largely priced between $300 and $400 per square foot — and 1.75 million square feet of restaurants, shops…

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