Cities
Slower Growth Ahead for Nashville
Asking rates are expected to rise more gradually in the face of robust development—mostly comprising upscale projects—with the average rent reaching $1,216 as of August.
Fort Worth Multifamily Community Changes Hands
The property is situated within the 63-acre Waterside mixed-use development and offers quick access to the Arts District and Downtown.
Jacksonville Community Changes Hands for $20M
The seller, Kite Realty, completed the 130-unit luxury property in 2017. The new owner took a $13.3 million acquisition loan from Thrivent Financial.
MA Community Receives $120M Loan
The 392-unit rental property in Cambridge is LEED Silver-certified. Greystar acquired the asset last year as part of its acquisition of Monogram Residential Trust.
Tampa: A Must-Have for Real Estate Portfolios
Steve Patterson of Related Development reveals to MHN all the reasons why the metro is a winning bet. The CEO touches on the current multifamily landscape and also shares his predictions about how the real estate market here is going to evolve.
KeyBank Provides $64M Loan for Affordable NJ Asset
The refinancing will also help rehabilitate Grace West Manor, a 429-unit Newark community built in 1978. The property serves individuals aged 62 and over.
Amazon’s HQ2: The Multifamily Impact
Executives weigh in on the implications for residential markets in Crystal City, Va., and Long Island City, N.Y., Amazon’s future HQ2 campuses.
Boston Waterfront Condo Nearing Completion
The 50-unit luxury building developed by Seascape Development LLC and Delphi Construction overlooks the Fore River and Hingham Bay.
Miami Luxury Project Tops Off
The first residential project in the Western Hemisphere designed by the celebrated Renzo Piano Building Workshop will offer 66 apartments with amenities such as a swimming pool, concierge services and a library.
American Landmark Acquires South Florida Portfolio
The $106 million transaction includes two properties—Siena and Hidden Harbor—encompassing 492 units.