Business Specialties
Money for Modernization
Lenders and sponsors find innovative solutions to financing upgrades at newly acquired properties.
Multifamily Growth Prospects
NMHC’s new chair, Sue Ansel, outlines where more investment is needed for the industry to grow in the decade ahead in this month’s NMHC perspective.
What’s New, What’s Next in Multifamily Design
Apartment developers who invested in the urban loft aesthetic years ago are probably not surprised to see that this look is still going strong
Transactions: March 2018
The following is a list of transactions that were announced between December 2017 and Feb. 21, 2018.
EdR Begins Construction on $67M MS Student Housing
College View, situated on 34 acres on the Mississippi State University campus, will include 1,600 beds and retail space.
Jamison Completes First Ground-Up Community
Maya, a 72-unit community in Los Angeles, is the first of four new assets Jamison plans to bring to the market this year.
Fairfield Obtains $66M for WA Luxury Development
The downtown Redmond community will comprise 360 high-end units, 36 of which will be income-restricted. Amenities include a fitness area, a Wi-Fi lounge with co-working space and a bicycle storage area.
Charleston-Area Community Changes Hands for $11M
DoUnto Partners sold The Forest at Fenwick, an 80-unit property in Johns Island, S.C. Kyle Chase, Neil Chrisp and Chris Yeagle of The Kirkland Co. brokered the deal.
Hunt Mortgage Arranges $5M for Philadelphia Asset
The firm arranged for a seven-year fixed rate loan on behalf of MM Equity Partners Philly for the acquisition of the 30-unit Reach Lofts.
ZOM Living to Break Ground on Luxury Chicago Property
The 357-unit community is Union West in the Loop downtown district. It will consist of two Class AA, Green Globes-Certified residential towers atop a three-story podium.