Business Specialties
How Do Renters Rate Your On-Site Management?
Do your residents feel like operations at the community run smoothly? MHN and Kingsley Associates partner to find out what property managers are doing right—or wrong.
PCCP Provides $24M for NV Community
The Calida Group plans to renovate Hampton Garden in Summerlin-Spring Valley, a Las Vegas submarket. The 18-year-old property includes 180 units in 16 buildings.
Marcus & Millichap Brokers Sale of MN Asset
Led by Michael Glass, regional manager of the firm’s Minneapolis office, Evan Miller, Mox Gunderson, Dan Linnell and Josh Talberg of GLT Partners completed the $2.8 million transaction.
Capstone Expands TX Management Portfolio
The firm will manage two recently traded Class C communities in Houston and Waco, totaling 315 units across 27 buildings.
Lotus Capital Arranges $237M for London Apartments
Proceeds from the financing will pay off an existing construction loan and cover carrying costs for Belgravia Gate, a row of townhouses converted to 12 luxury units.
Coastal Ridge Buys TN Student Housing
Crowne at Campus Pointe is a 324-unit, 718-bed community in Knoxville serving the students of the University of Tennessee.
Crown Acquisitions Secures $50M CA Student Housing
College Square, a 486-bed community a mile from the UC Davis campus, includes furnished sundecks, a fitness center and laundry facilities.
Apartments Outperforming Other Assets, Says NMHC
According to a recent study, multifamily communities are outperforming most other commercial real estate property types, whether it be on a risk-adjusted or unadjusted basis, regardless of holding period, geographic region, metro size or growth rate. Here’s why.
Capital One Ups HTI Fannie Mae Credit Facility to $216M
The company served as the sole lender, providing a bridge to long-term agency financing for a 23-property senior housing portfolio across six states.
Affordable Senior Community in TX Lands $6M Refi
Love Funding has provided the FHA loan for the refinancing and rehabilitation of the 156-unit affordable community in Texarkana, which is restricted to tenants 55 and over.