Business Specialties
RADCO Acquires 6th Tampa Community
Newly renamed Sunstone Palms, the 536-unit community will be the beneficiary of nearly $8 million worth of capital improvements.
Parcel Pending Launches Refrigerated, Outdoor Smart Lockers
The temperature-controlled storage spaces are cooled to 35-44 degrees Fahrenheit, while the outdoor lockers are designed for multifamily properties that lack indoor common space.
Design Trend Update with Home Depot’s Sarah Fishburne
The home improvement supply retailer’s design and trend director spoke with MHN at the National Apartment Association’s Education Conference & Exposition in Atlanta to explain how design choices reflect changing lifestyle patterns.
New Solutions Spark Alternative Energy Advances
Renewable energy is alive and well in California, according to industry panelists at Realcomm 2017 and management at the solar powered Solterra EcoLuxury Apartments.
Berkadia Secures $23M Loan for Chicago-Area Assets
Ridge Garden Apartments and Indian Trails Apartments, two affordable multifamily properties in the greater Chicago area, will undergo capital improvements.
CBRE Lines Up $14M Financing for New Idaho Community
The company worked on behalf of the borrower, 5th and Idaho Apartments LLC. The five-story building will be located in the historic district of Old Boise, Idaho.
Home Leasing, CPC Open $18M NY Apartments
The 72-unit Charlotte Square at the East End is the first of three new developments in Rochester. Construction on phases II and III are anticipated to begin in the fall of 2017.
Donaldson Group, DRA Advisors Grab $15M MD Community
The joint venture plans to renovate the Brinkley Manor Apartments, including common and outside areas, as well as the individual units.
South Phoenix Community Changes Hands for $12M
Cushman and Wakefield brokered the sale of La Reserve on 45th, a 301-unit property in the Maryvale neighborhood. A joint-venture purchased the asset from CEG Operating Partners.
Cortland’s Mobile Facilities Training Unit
The company conceived its own mobile training unit that travels anywhere necessary to work with facilities and service teams. Executive Vice President of Facilities and Services Jonathan Tucker discusses how teams can benefit from this program, especially when space is an issue.