Cities

The Benefits of Energy-Efficiency Improvements in Multifamily

MHN caught up with long-time multifamily owner and operator Robert Nelson of Nelson Management Group to discuss how making energy-efficiency upgrades to properties can benefit your business as well as your residents.

Balcones Club in Austin, Texas

Presidium Expands Its Footprint in Texas with New Multifamily Acquisition

The real estate investor will upgrade the Austin property, while getting ready to break ground on another multifamily project in the city.

Greystone Shells Out $45.5M in Financing for 2 Phoenix Communities

The ConAm Group received Fannie Mae Loans to refinance Valencia Park and Granite Bay, two 1980s-era multifamily communities.

Clover Ridge & Clover Village

Glemont Capital Adds Two Student Housing Communities to South Bend Portfolio

Berkadia facilitated Prime Property Investors’ sale of Clover Village and Clover Ridge, located near the University of Notre Dame campus.

Palms at Sand Lakes in Tampa, Fla.

735-unit Tampa Area Bay Multifamily Portfolio Changes Hands

The bidding process for the five rentable properties located in Tampa, Brandon and Bradenton was very competitive. Marcus & Millichap mediated the transaction.

Denver Community Trades Hands in Low-Vacancy Market

The 48-unit property was acquired for $5.6 million.

Clarion, Taconic Snag $110M for Bronx Apartment Refi

Capital One provided the loan to refinance the massive Eastchester Heights Apartments.

Altis Sand Lake Becomes Orlando’s Largest Green Certified Community

The community saves enough energy to power 41 homes yearly, saves enough water to fill 60 swimming pools a year and diverts 159 tons of waste from landfills annually.

Temple Place Apartments, Cambridge, Mass.

Low-Income Community Opens in Cambridge, Mass.

The 40-unit Temple Place Apartments was built by the Cambridge Housing Authority and designed by HMFH Architects.

Opus 29

Security Properties JV Buys Downtown Nashville Apartments

A joint venture between Security Properties and Loma Linda University paid $53.7 million to acquire the Opus 29 and Note 16 multifamily properties in downtown Nashville.