Holly Dutton is a Senior Editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2018 and has reported on the real estate sector since 2012. She was previously with Real Estate Weekly and the Houston Chronicle. Connect with her on twitter: @HollyDutton
Bascom Group Scores $235M Refi
The refinancing is for an 11-property multifamily portfolio spread across five states.
GEM Realty Pays $72M for Asheville Community
The recently completed property is located in historic Biltmore Village and includes nearly two dozen affordable units.
NexPoint Acquires 2 Communities for $384M
The multifamily REIT picked up residential properties in the Miami and Nashville metro areas.
Related, Hudson Cos. Top Out Affordable Housing Project
The 340-unit building is the first newly built, permanently affordable housing to be developed on New York City’s Roosevelt Island.
NYC Affordable Portfolio Lands $192M in Financing
A joint venture secured the fixed-rate financing to acquire and renovate 1,321 affordable housing units in Brooklyn.
AMLI Report: Most Renters Worry About Climate Change
The company’s annual survey also found that Millennial residents are the most willing to pay for green features.
Top States for Green Multifamily Certification
A new report from the U.S. Green Building Council found that LEED certification for single and multifamily homes has grown significantly in the past two years.
Steadfast’s REIT Merger Creates Firm with $3.3B in Assets
Steadfast Apartment REIT has acquired three affiliated REITs in separate stock-for-stock, tax-free transactions. The deal is expected to close in 2020.
Podcast: Doug Bibby of NMHC Talks Affordable Housing Solutions
The president of the National Multifamily Housing Council weighs in on causes and possible answers to the affordable housing crisis.
Cortland Acquires UK Multifamily Firm
The purchase comes on the heels of the Atlanta-based investment firm’s $1.2 billion acquisition of Canadian REIT Pure Multi-Family last month.