Business Specialties
SoCal Apartments Trade for Nearly $50M
The seller, StarPoint Properties, acquired the 232-unit Class B community in the Inland Empire for approximately $15 million in late 2001.
Trinity Refinances 7 San Francisco Assets
The new loan of more than $200 million retires existing debt from the same lender on the 736-unit Class B portfolio.
Metro Loft Develops Luxury Manhattan Adaptive Reuse
Twenty Broad Street, built as an extension of the New York Stock Exchange, now includes 533 units, as well as valet service, an outdoor movie theater and a private yoga studio.
TruAmerica, ASB Real Estate Investments Acquire $86M CA Community
The companies purchased Corte Bella Apartments in Fountain Valley from Shea Apartments. The property includes 251 units and is currently 97 percent leased.
ARA Newmark Arranges Sale of Tampa Community
Vice Chairman Patrick Dufour and Director Ryan Crowley represented seller Pollack Shores and equity partner HQ Capital Real Estate in the transaction. NKF Capital Markets arranged the acquisition financing through Natixis.
Raleigh Community Trades for $24M
Hawthorne Residential Partners sold the 184-unit asset two years after it acquired it for $15.5 million from Heritage Capital Group.
Inside the Deal: Lloyd Jones Capital’s Expanding Workforce Housing Portfolio
The private equity firm expanded its Southeast portfolio with this Tallahassee property, with plans to make upgrades but keep it affordable to meet demand in this progressively growing metro.
Student Housing Meets Mixed-Use
Developers eye projects that accommodate college-age residents and capitalize on the presence of complementary asset categories.
A Decade of Diversity, Inclusion: Finding the Value of Difference
A smart business strategy in 2018 also relies on principles such as diversity and inclusion. NMHC General Counsel Betsy Feigin Befus reflects on why it takes more than just lining up policies to be successful.
MHN Asks…About Financing
What are the challenges and opportunities in multifamily financing? Experts weigh in.