Cleveland
Top 5 Markets for Multifamily Development in Ohio
As of May, nearly 18,000 units were underway in the Buckeye State, based on Yardi Matrix data.
Pennrose Moves Forward with 2 Ohio Projects
The Ohio Housing Finance Agency has provided housing tax credits to develop affordable housing in Cincinnati and Cleveland.
TSB Capital Advisors Arranges Financing for Cleveland Development
Apart from the three-bank loan, the project also received funding from state and local authorities.
Luxury Project Starts Construction in Ohio
Flaherty & Collins Properties is building the $80 million community in Cleveland Heights.
Marcus & Millichap Names Midwest SVP
Michael Glass has been with the company for almost two decades, having held various positions, including first vice president.
Cleveland Multifamily Report – Winter 2020
Boosted by the ongoing revival of the city core, the metro’s rental market wrapped up 2019 on a positive note.
Matthews Real Estate Adds Vice President of Multifamily
Robert Starrett will focus on growing the company’s presence throughout the Midwest. He previously served as the director of finance and acquisitions for The Mid-America Management Corp.
Cleveland Multifamily Report – Summer 2019
The metro’s multifamily sector remained relatively stable in early 2019, with rents increasing 2.4 percent year-over-year through May, just 10 basis points below the national average.
NRP Group Breaks Ground on Cleveland Affordable Housing Project
Residences at Cornerstone will bring 76 units to the Euclid-Green neighborhood. The development is part of a mixed-age community that includes Cornerstone Senior Apartments.
Northeast Ohio Portfolio Scores $67M Refi
The 10-year Freddie Mac loan is retiring existing acquisition financing for the 1,137-unit Timber Top and the 114-unit Timberland Village, both located in Akron.