NHI Acquires Ohio Senior Housing Portfolio for $70M
Totaling 320 units, the communities will be leased to an affiliate of Bickford Senior Living at an initial rate of 6.9 percent with annual fixed escalators and a 15-year maturity.
Harvey Commercial Presents New Acoustic Windows
The product achieved a 44 Sound Transmission Class rating and is also available in different colors, trims and glazes.
Char-Broil Announces New Modular Outdoor Kitchen
With a stainless-steel frame and granite countertops, the easily customizable module also features LED-illuminated knobs and integrated halogen lights.
SR Apartments Sells Orlando Asset for $17M
CaSienna Apartments was built between 1972 and 1973 and includes 160 units. Franklin Street arranged the transaction.
Panama City-Area Community Lands $5M Refi
Arbor Realty Trust provided the CMBS loan for the property, which is located at 905 W. 26th St., and features 76,417 rentable square feet.
Organized Living Presents Innovative Storage Solutions
The company has introduced a full range of products for senior housing, student housing and multifamily communities, as well as hotels, to allow residents to build their own custom closets.
365 Connect Announces Uber Integration
The merger allows one-click ride reservations directly from the community’s website. It is also programmed to the property’s address, automatically mapping the route.
Gelt Buys 491-Unit Seattle Portfolio
The seller, FPA Multifamily, recently renovated interior and exterior amenities, including the clubhouse, the fitness center and the parking lot of both properties.
ABI Multifamily Brokers Sale of 110-Unit AZ Asset
A partnership between MJW Investments and Tide Equities plans to rebrand the recently renovated Tempe property, which comprises a total of 97,890 rentable square feet.
Inovonics Presents 2 New Products
TapWatch Cloud collects consumption data from the firm’s IP-connected submetering system, while the EN7580 TapWatch gateway allows providers to access the information via TapWatch APIs.