IvyLee Rosario is a Senior Associate Editor for Commercial Property Executive and Multi-Housing News. She has a background in Journalism and joined the team in 2016. She produces the MHN Daily newsletter, manages byline content, oversees the Research Center for both brands and hosts the Multifamily's Top Marketers podcast. Connect with her here—Twitter: @IvyLeeRosario and LinkedIn: https://www.linkedin.com/in/ivyleerosario/
LMC Breaks Ground on Atlanta Mixed-Use Community
The 21-story Gentry will comprise 290 units and 6,000 square feet of street-level retail. First move-ins are scheduled to begin in mid-2020.
Lane Star Properties Snags $35M TX Community
Walker & Dunlop arranged $26.2 million in acquisition financing for the purchase of Edentree Apartment Homes in Carrollton.
Columbia Pacific Secures $243M for Senior Housing Portfolio
Capital One arranged the recapitalization and acquisition loan on behalf of the buyer for 18 properties across 11 states, totaling 2,310 beds.
Paredim Partners Acquires $27M CT Community
The Arbors at Brighton Park in Bloomfield offers a resident clubhouse, a dog park and a swimming pool. Institutional Property Advisors represented the seller in the transaction.
5 Innovative Products from NAA’s 2018 Apartmentalize
At the National Apartment Association’s recent event, nearly 10,000 attendees gathered to take in the latest information on the evolving multifamily industry. Here are some of the newest products aiming to change the market.
AHV, Bristol Group Begin Construction on TX Single-Family Community
Pradera in San Antonio will offer 250 luxury homes, as well as a swimming pool, a clubhouse and a dog park. Pre-leasing is set to begin during the third quarter of 2018.
Atlantic | Pacific Cos. Expands GA Footprint
The Pointe at Preston Ridge in Alpharetta marks the firm’s 21st owned and managed community within the Atlanta metro, bringing its total to nearly 5,500 units.
Stone Point Capital to Acquire Sabal Capital Partners
The firm will continue to be operated by Founder & CEO Pat Jackson, as well as other senior members that will make investments within the company alongside the Trident VII funds.
Modern Spaces Tapped to Lease Brooklyn Mixed-Use
The transit-oriented BRiQ features 110 units, 22 of which offer 421-a tax incentives as part of New York City’s Inclusionary Housing Program.
NYC Community Lands $53M Refi
Walker & Dunlop arranged the 12-year, fixed-rate loan on behalf of the developers, Quinlan Development Group and Lonicera Partners, for 153 Remsen in Brooklyn Heights.