Business Specialties
Capstone Grows TX Management Presence
The company adds another four properties with a total of 512 units to its portfolio.
Allied Orion Group to Manage Houston Affordable Housing
The community, located in Crosby, Texas, and currently undergoing renovations, contains 86 units and five buildings.
Affordable Housing in the Trump Era: What’s Ahead?
The National Association of Local Housing Finance Agencies remains worried regarding the impact of a lower corporate tax rate. Kevin Morris of Colliers South Florida discusses the administration’s policies and what to expect in 2018.
Baton Rouge Property Lands $24M Refi
Greystone has secured a HUD-insured permanent loan to refinance Highland Club Apartments. The owner, Ed Kramer, plans to renovate the property.
Mortar Arch + Dev Nabs Brooklyn Development Site
The developer plans to begin work on a new, five-story condo development at the Greenpoint site, beginning in the winter of 2018.
PAC Buys 840-Bed Student Housing
The 42-building community in Waco, Texas, serves students attending Baylor University. Preferred Campus Management manages the asset.
Presidium, Partners Group Close $210M Recap
The two companies signed a $210 million recapitalization deal for a portfolio comprising eight assets, one of which is under construction.
G&L Brings Luxury to Miami’s Design District
One Bay Residences, the company’s first luxury project in the U.S., brings a whole new living experience to the area. Nicolas Guzman spoke to MHN about the development’s unique features.
MG Properties Acquires 2 WA Assets for $133M
The company purchased Beaumont in Woodinville from Guardian Life Insurance Co. and Newberry Square in Lynwood from Fairfield Residential. Totaling 467 units, both communities will undergo interior and exterior renovations.
Capitol Seniors Housing to Start NY Project
Stonegate at Greenburgh, an assisted-living and memory-care community in Greenburgh, N.Y., will have 101 units and be operated by Northbridge Cos.