Business Specialties
HFF Secures Loan for 71-Building Student Housing Portfolio
The $20 million in financing was used to purchase the buildings, which include 383 beds serving students attending Lehigh University in Bethlehem, Pa.
Greystar Unveils Luxury Apartments in Seattle
Elan Uptown Flats includes 182 units and a pet park, a car charging station and bike storage.
Development Pipeline Creates Near-Term Risks for Multifamily
Is the industry simply meeting the needs of the growing population or are we overbuilding?
Time to Step Up the Value-Add Game
Robert Cohen of Hudson Capital Properties touches on the challenges and opportunities in the multifamily sector. He also highlights why consolidation is the company’s key short-term goal.
A Lender’s View: South Florida Development Going Strong
Although creditors are starting to grow cautious due to the current real estate cycle, developers in the Sunshine State continue to secure construction financing in a market showing no signs of a slowdown.
Passco Pays $70M for Jacksonville Apartments
Waypoint Residential and Rohdie Management developed the 13-building, 380-unit Point at Tamaya in Florida, which opened its doors in October 2017.
Pantzer Properties Buys $88M MD Asset
The company has expanded its portfolio with Rolling Hills, a 468-unit property located in Germantown that includes a tot lot, a dog park and a soccer field.
Aukum Group Buys Phoenix Asset for $41M
The Praedium Group sold Adobe Ridge, a 224-unit community in Glendale, Ariz., in a deal facilitated by Institutional Property Advisors.
JoCo JV Picks Up Austin Value-Add Assets
The new owner plans to renovate and consolidate the two garden-style properties, consisting of 316 units, into a single community.
StoneRiver Co. Acquires 625-Unit AL Portfolio
The company purchased Huntleigh Woods, Southern Oaks and Ashford Place, all located in Mobile. Each of the communities has its original interiors and offers a value-add opportunity for the new owner’s Fund I.