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/
Emerald Equity Lands $129M for Bronx Portfolio
Sabal Capital Partners closed on 34 Freddie Mac Small Business Loans on behalf of Emerald. Comprising more than 850 units, this marks the largest Small Balance Loan transaction through the Freddie Mac SBL program since it was created in 2014.
Priderock Makes Record Buy in Phoenix
The company purchased the 832-unit Heritage at Deer Valley for $125.5 million, the highest price ever paid in Phoenix for a single community.
URS Capital Snags 2nd Savannah Property
The company acquired Oglethorpe Square Apartments, which was bought through a combination of Fannie Mae financing through Berkadia and 1031 proceeds.
Castle Lanterra Expands Denver Portfolio
The 44-year-old Mountain Vista Apartments marks the company’s second acquisition in the market. Eighty-five percent of the 257 units have been updated.
Senior Housing M&As Outlook Strong: Capital One
According to the latest survey of more than 150 industry professionals, 43 percent anticipate an increase in activity heading into the fourth quarter of 2017.
Empire Square Group Sells 980-Unit TX Portfolio
Marcus & Millichap represented the seller in the transaction and procured the buyer, Falls Apartment Group. The portfolio comprises Alta Vista and Las Villas, two communities located in Pasadena.
Berkshire Group Debuts 2 Boston Towers
The company developed The Benjamin and VIA, part of the $600 million One Seaport development, the largest mixed-use project in the area in more than 30 years.
New Poll: Cybersecurity
We want to know how you work to protect resident data from cybersecurity threats. What is your strategy?
Peak Campus Launches Theory Brand
The company is introducing its brand at two new student housing developments in Raleigh, N.C., and Syracuse, N.Y. Theory Raleigh and Theory Syracuse are slated for completion by the fall of 2018 and will feature a combined 1,126 beds.
Michaelson Acquires 520-Unit TN Community
Purchased for $48 million, The Metropolitan features one- and two-bedroom floorplans. The community has undergone a multi-million dollar renovation over the past few years.