Business Specialties
Harbor Group Acquires Arizona Community for $66M
The new owner will invest $418,000 for improvements to the common areas and installing Nest thermostats at the Scottsdale property.
Transwestern, S2 Capital Sell DFW Community
The owners renovated and repositioned The Morgan, located in the suburb of Bedford, Texas, before its disposition.
Top 5 Markets for Multifamily Transactions in 2019
The metros on this list accounted for about a third of the nation’s total sales volume.
Central California Skilled Nursing Facility Receives HUD Refi
Cambridge Realty Capital provided the fully amortized, FHA-insured mortgage, which is set to mature in 35 years.
LIHC Investment Secures Refi for 2 Affordable New Jersey Communities
Rockport Mortgage closed the FHA Section 223(f) loans for properties in Verona and Pine Hill.
Affordable Senior Community Underway in Fort Lauderdale
HTG expects to complete construction on the 100-unit property in the first quarter of 2021.
The Smart Home Tech Residents Want
Here are the smart home tech features residents from across the country say are their top choices.
Jamestown JV Begins Adaptive Reuse Project in Raleigh
Phase I of Raleigh Iron Works will include renovation of the historic steel mills and the warehouses that were previously part of Peden Steel.
464-Unit East Dallas Community Changes Hands
Dougherty Mortgage secured a 12-year acquisition loan from Fannie Mae on behalf of the buyer.
Easing Insurance Sticker Shock
Coverage will take a bigger bite this year, so be mindful of these steps recommended by experts at NMHC’s annual meeting.