The National Multi Housing Council, in its latest Quarterly Survey of Apartment Market Conditions, reports that the U.S. apartment industry is still chugging along at a robust pace.
The National Multi Housing Council, in its latest Quarterly Survey of Apartment Market Conditions, reports that the U.S. apartment industry is still chugging along at a robust pace.
HFF provides acquisition financing for a joint venture acquisition; Questar Properties opens a new 561-unit property in Anne Arundel County, Md.; and Centerline Capital provides a $11.6 million DUS facility for a student housing purchase.
According to a recent survey, community-based organizations reported that housing discrimination is still a major problem in the United States for the disabled, immigrants and families with children, among others.
ARA brokers a $77 million sale in Oklahoma; Hendricks & Partners negotiates a $38.5 million sale on behalf of TIC sellers; and Sterling University Housing sells a 122-unit community in Ohio.
Berkeley Point lands a $22.7 million acquisition loan for a property in Alabama; Holliday Fenoglio Fowler lands a large marketing contract in Chicago; and Grandbridge Real Estate Capital closes on a $61.8 million Fannie Mae acquisition financing.
Heath Care REIT and Chartwell Seniors Housing acquire 42 assets in Canada; Beech Street provides $16.3 million for a 296-unit asset in Florida; and Walker & Dunlop supplies a $15.9 million Freddie Mac CME loan to HAP property.
EBSCO Income Properties buys a Georgia apartment community for $17.3 million; Newmark Grubb Knight Frank arranges for the sale and purchase of two bank-owned properties; and ARA announces the sale of a 1939 property in Miami’s South Beach.
ARA completes a land sale in St. Petersburg; Southeast Apartment Partners brokers a $55.1 million sale in Virginia; and Hendricks & Partners completes a $38.5 million sale.
Marriott International is selling its ExecuStay corporate and temporary apartment housing business to Oakwood Worldwide, the two companies announced in mid-April.