Business Specialties
Dougherty Secures $14M HUD Loan for Minneapolis Community
The company secured a 35-year term loan for Prairie Meadows Townhomes, a community located in Eden Prairie, Minn. The property consists of 168 fully affordable units.
The Long and Short of It
This month MHN and Kingsley Associates ask residents what they think of Airbnb or other short-term rental programs at their community.
NC Community Changes Hands for $21M
Represented by Colliers International, CORE Realty Holdings Management sold the 483-unit Hidden Lakes Apartments to Living Well Homes. Built in 1974, the property provides a value-add opportunity for the buyer.
Bascom Group Buys South Bay Community
The company plans to revitalize the 64-unit infill community in Torrance, Calif. This is the firm’s 37th multifamily property in Los Angeles County.
Melo Group Tops Off Miami Condos
The waterfront development is situated along Biscayne Bay in the Arts and Entertainment District. Of Aria on the Bay’s 648 units, 80 percent are already under contract.
Greystone Oversees Financing for NY Apartments
The company facilitated $82.3 million in loans for a community in Hempstead, on Long Island, and three properties in Astoria, Queens.
Arlington Community Changes Hands
A Dallas-based limited-liability corporation has acquired Garden Park Apartments, a 252-unit property in the Texas city from a California-based investor.
Queens Apartment Building Up for Grabs
Cushman & Wakefield was chosen to market the sale of a fully occupied, 17-unit residential building in New York City’s most populated borough. The asset presents substantial upside potential.
Museum BLVD’s Final Look
Reflecting the design of nearby museums, the mid-rise Houston development will flaunt a building envelope composed of stucco featuring a façade with ceramic tile pattern. First-floor condos will offer expanded outdoor living spaces with artistic railings created from laser-cut metal.
Arrimus Announces Student Housing Acquisition, New Hire
The Class A property, located less than a block from the University of Houston, offers 654 beds within two five-story buildings and was named “Best Off-campus Apartments” property by the university’s students.