Business Specialties
Blackstone Sells $40M Phoenix Asset
TH Real Estate acquired the 240-unit multifamily asset, securing $40 million in revenue bond financing from Maricopa County’s Industrial Development Authority.
Security Properties JV Sells Seattle Community for $150M
A private investor—with financing from New York Life Insurance Co.—acquired the 309-unit luxury multifamily asset, which welcomed its first residents in 2017.
Decron Properties Buys San Jose Apartments
The partially affordable property last changed hands in 2012, when Greystar purchased the 208-unit community from Invesco for nearly $60 million.
Top 5 Communities Under Construction in Sacramento
With more than 5,500 projects underway—including the city’s largest in several decades—and strong employment gains, Sacramento remains a hot multifamily market.
How Package Management Impacts Community Performance
With the average community receiving around 150 packages per week, a structured delivery system is instrumental in keeping your operations organized and your tenants happy.
NYC Healthcare Facility Secures $24M Refi
The 200-bed Eastchester Rehab & Health Care Center will use a portion of the proceeds for renovations to the facility.
Aura Properties Breaks Ground on MA Mixed-Use Project
The company is developing the five-story, 42,000-square-foot building in Brookline, with a completion date scheduled for next August.
Top Tech Tools to Watch in 2019
More than 140 exhibitors showcased the latest innovations at NMHC’s OpTech Conference & Exposition. See which new products are changing the industry.
Olympus Property Buys Houston-Area Luxury Asset
The 260-unit garden-style community is located in Katy, Texas, a booming suburb west of the city.
2018 NMHC’s OpTech Conference & Exposition Coverage
From sessions ranging from topics on crisis management, artificial intelligence, tech amenities and smart homes, the conference covered an array of subjects that are continuing to both disrupt and enhance the market.