Business Specialties
Brookdale Senior Living Obtains Near $1B Credit Facility
The portfolio is diverse, including properties nationwide and various care levels, as well as a small amount of skilled nursing.
LMC Tops Off Pair of Seattle Communities
Valdok, a seven-story, 178-apartment community, is located in the city’s Ballard neighborhood. Axle, an eight-story, 226-unit community seeking LEED Gold certification, is situated in the city’s Interbay community.
Historic DC Student Housing Starts Makeover
After housing government workers in wartime and serving generations of students, two historic dormitories in the nation’s capital will get a third life as market-rate communities.
Hurricane Harvey’s Multifamily Impact
Industry experts weigh in on what the effects of the storm mean for Houston, its residents and the market as a whole.
On the Market: 5 Interesting Listings for the Week of 9/4
This week’s listings feature two amenity-rich properties: a country-urban designed community in Kansas boasting perks such as a wine bar and hot tub, and a Canoga Park, Calif., property with a spa, courtyards and expansive grounds.
Miller-Valentine Unveils Beckett Farms in SC
The 280-unit luxury property in Fort Mill features a farmhouse aesthetic and offers amenities including a salt-water mineral pool, fire pit with grilling stations and private cabanas.
JV to Convert FL Student Housing Into Apartments
The Collier Cos., Apex One and Paravest Capital have acquired the 324-unit Avenue 29 Apartments in Tallahassee and plan to reposition the community.
Civitas, Guttman to Develop Ohio Senior Housing
The Grand of Sugarcreek in Dayton will offer 220 independent-living, assisted-living and memory-care units. Construction is slated to start in the first quarter of 2018.
Security Properties’ Seattle Sale Completes 1st Fund
700 Broadway, a mixed-use property in Capitol Hill, marked the last of 17 assets that comprised the firm’s first closed-end discretionary multifamily real estate fund.
Manhattan Sale Prices Drop: CityRealty Report
The study found that the average cost in the New York City borough continues to drop, but downtown is still thriving when it comes to condo, co-op and new development purchases.