Jessica Fiur is the editor-in-chief at Multi-Housing News and Commercial Property Executive and writes the award-winning blog What Renters Want.
Jessica has been with the company since 2011 and previously was with Weekly Reader and IQPC. Contact Jessica at jessica.fiur@cpe-mhn.com, on Twitter @jfiur or on LinkedIn https://www.linkedin.com/in/jessicafiur/.
Oak Coast, BMC Investments Expand Denver Portfolio
The $78 million acquisition of St. Moritz Apartments is the sixth purchase the investment team has made together in the market.
JV Acquires Massive San Diego-Area TOD
TruAmerica Multifamily and Intercontinental Real Estate Corp. secured Alterra & Pravada at Grossmont Station, a 527-unit property in La Mesa.
CIM Group Makes DC Mixed-Use Purchase
Trellis House is a newly constructed property in the city’s Shaw/U Street Corridor with 319 units and 11,000 square feet of ground-floor retail.
Capital Realty Spearheads 66-Building NJ Sale
The company brokered the $130 million sale, which includes 919 units in Bayonne and Union City. This represents the largest multifamily deal in the area in terms of both number of units and total sale price.
Greystone Provides $77M for IN Asset
The company facilitated the loan for Bayshore Properties’ 1,337-unit Park West Apartments in Griffith. The 12-year, fixed-rate Fannie Mae loan includes six years of interest only.
Olympus Property Acquires 350-Unit TX Community
The firm acquired Vista at Grand Crossing in Katy and has renamed it Olympus Grand Crossing. The move comes soon after it sold Kenwood Club at the Park in the same city.
Campus Apartments’ Student Housing Investment Strategy
President & Chief Investment Officer Dan Bernstein describes the appeal of this sector and the key to successful planning.
Clear Skies for Multifamily Investors—For Now
While these increases are starting to cause upward pressure on cap rates, apartment values have held relatively steady since tighter occupancy levels are simultaneously causing upward pressure on rental rates.
In Case You Missed It: MHN’s Top 5 Posts in July
Miss out on any of our articles? Catch up with five of our most popular posts for the month.
Doster Construction Completes Baton Rouge Student Housing
The company added 44 units to the Retreat at Brightside Student Living community, which serves students of several area universities.