Business Specialties
First Impression
Prospective residents often make snap decisions about an apartment, which is why it’s so important that their initial impressions about your community are good ones.
MHN Interview: How to Find the Ideal Resident for a Community
Chicago-based McCaffery Interests develops creative mixed-used projects that blend comfortable lifestyles with convenient locations and amenities. Digital Marketing Manager Peter Lillis recently spoke with Multi-Housing News about how his team focuses its marketing resources to achieve maximum results.
Acquisition Banks on ‘Good Neighbors’
Bell Partners continues to grow with its latest acquisition of Alta Estates in Boston.
NMHC Special Report: Working Towards Workforce Housing
A panel at the 2015 NMHC Apartment Strategies Outlook Conference tackles the shortcomings of the workforce housing space, and discusses some creative strategies to bring quality, affordable housing to the middle class.
TODAY’S DEALS: Arbor Funds Five-Year FRM Under Freddie Mac’s New Loan Offering
Arbor Commercial Mortgage funded its first loan under the newly launched Freddie Mac Small Balance Loan initiative for Nettleton Commons in Syracuse, N.Y.; and BMC Capital provides a $829,411 cash-out refinance.
Point/Counterpoint: The Urban Rental Housing Affordability Crisis—Does the Student Housing Model Provide an Answer?
Would the student-housing model work in the market-rate industry?
TODAY’S DEALS: Capital One Multifamily Closes $63.3M Freddie Mac Acquisition Loan
Capital One Multifamily Finance provides a 10-year fixed-rate loan for the acquisition of Artessa at Quarry Village; and a Berkshire Group affiliate purchases a Class-A property in Oakland, Calif.
$25.2M Affordable Community to Open in Texas
AMTE is developing 160 units of affordable housing in Fort Worth, Texas. Construction is set to begin in spring 2015 on Avondale Apartments, valued at $25.2 million.
TODAY’S DEALS: KeyBank Provides $334.4M Credit Facility for National Assisted Living Portfolio
KeyBank Real Estate Capital closes a $334.4 million Fannie Mae credit facility for Enlivant; and NorthMarq Capital’s Kansas City office finalizes transactions totaling $13.34 million.
Fiesta Park
BH Properties recently renovated its affordable apartment community Fiesta Park. The community, located in Mesa, Ariz., was able to increase its occupancy by 40 percent. MHN looks at some of the stats of the successful property overhaul.