In the last few months, the Toronto-based investor has added some $270 million of Class A multifamily properties in the U.S., most recently Broadstone Montane in the Denver suburb of Parker, Colo.
The Moinian Group is transforming a former office building in the Battery Park neighborhood into a 345-unit amenity-rich community catering to Millennials and Gen Z renters.
Scheduled for completion in mid-2020, the three-story assisted living and memory care community will bring 86 residential suites to Highland Park, Ill.
Like other fields, the multifamily industry has no shortage of data. Also like others, it’s often held back by its inability to distill the mountains of data into predictive insights.
The loans will be used for the acquisition and conservative rehabilitation of Stoneridge Apartments in Ashburn, Va., and Century Northlake Apartments in Charlotte, N.C.
