Business Specialties
MBK Senior Living Acquires $382M Portfolio
The properties, which recently underwent $25 million in capital improvements, include nine senior housing communities across California, Washington and Arizona, totaling 1,200 units.
Summit Equity Investments Buys IN Senior Housing
Whitmore Investments and Paragus Cos. traded the 66-unit property located in Brownsburg. Tikijian Associates represented the joint venture in the transaction.
Trez Forman Funds $42M Charlotte Property
Caldwell Station NC is developing a 20-building community that will feature 371 parking spaces, a saltwater pool and a dog park.
Opus Group Delivers Denver Luxury Community
The Centennial property includes 306 units and wraps around a central parking garage, which allows residents to park on the same floor as their apartment.
Creating Legacy Landmarks: Renderings vs. Reality
Location, timing and the team—these are the key ingredients that JDS Development Group considers when deciding to take on a new project. Founder & Managing Partner Michael Stern discusses the company’s main projects and strategy.
How Bellwether Closed a Record Section 538 Deal
The Enterprise Community Investment subsidiary facilitated a $19.6 million loan for a mixed-income community in Royse City, Texas. The team that arranged the financing touches on the difficulties along the way and the affordable housing crisis in the state’s rural areas.
Meridian Arranges $23M Loan for TX Community
The firm secured a three-year loan that will be used to recapitalize the 344-unit Wildwood in Austin, which features a playground, a pool and 650 parking spaces.
Home Office
Telecommuting is a popular option for many employees, so some of your residents could be working from their apartments. Does your community offer what they need? MHN and Kingsley Associates partnered to find out what renters think about working from home.
Capitol Seniors Housing Acquires NJ Community
Siena in Cinnaminson Township was developed as a condo building and will be converted to apartments. The company plans to add units and a fitness area, a yoga studio and a card room.
Atlas Real Estate Group on Denver’s Multifamily Outlook
Co-founder Jason Shepherd explores the investment market and new development trends he’s seeing, such as the rise of micro units.