Multifamily news in Columbus

Top 10 Columbus Multifamily Transactions
The city is quickly becoming the most important economy in Ohio, thanks to its relatively affordable housing and growing economy. This year, more than 2,000 units traded for a total of $266 million.
Finance & Investment
Columbus Community Changes Hands
The buyer took out a 10-year Freddie Mac acquisition mortgage to finance the transfer. Pinnacle Financial originated the loan.
Market Rate
OH Community Lands Refi
Trilogy Real Estate refinanced the 292-unit Class B asset with a $28.2 million Fannie Mae loan originated by CBRE Capital Markets.
Market Rate

  • AMG Realty Offloads Ohio Community

    A private investor acquired the 66-unit asset in Columbus’ North Linden submarket for $2.1 million. This marks the community’s second ownership transfer this year.

    26 July 2018 16:30

  • JLL Hires Midwest Multifamily Services Expert

    Matt McCune is an investment sales professional with more than 10 years of experience. In his new role as senior vice president, he will advise on multifamily asset sales around central Ohio.

    17 July 2018 15:05

  • NHI Acquires Ohio Senior Housing Portfolio for $70M

    Totaling 320 units, the communities will be leased to an affiliate of Bickford Senior Living at an initial rate of 6.9 percent with annual fixed escalators and a 15-year maturity.

    07 May 2018 15:26

  • Waypoint Residential Nabs 4 Midwestern Properties

    The company's acquisitions include three market-rate communities in Chicago and Columbus, Ohio, and a student housing asset near the University of Kansas in Lawrence, Kan.

    16 April 2018 13:53

  • Strengthening Economy Pushes Growth in Columbus

    The city's multifamily market is finally hitting its stride as rent growth is coming into its own, while the rate of inventory expansion is poised to remain elevated.

    04 April 2018 13:32

  • On the Market: 4 Interesting Listings for the Week of 3/26

    This week's listings include a 100 percent-occupied luxury community in downtown Baltimore, student housing near Philadelphia's universities and a recently renovated value-add opportunity in Columbus, Ohio.

    30 March 2018 15:47

  • Dougherty Secures Loan for 216-Unit Ohio Community

    The mortgage banking firm facilitated $1.2 million in financing for Parkview Apartments, a market-rate property in Columbus. The loan has a 30-year amortization schedule.

    15 February 2018 14:09

  • Multifamily Markets Positioned to Win in 2018

    Above-trend population increases and job gains in non-gateway cities are generating strong investor and resident demand for multifamily housing, explained IRT Chairman & CEO Scott Schaeffer. Here are three such markets poised to benefit from this trend in 2018.

    16 January 2018 20:40

  • Champion Cos. Developing New Community in Columbus

    The apartment community will contain 64 one- and two-bedroom units, and the developer plans to complete the first units by fall 2018.

    11 January 2018 12:29

  • Hunt Mortgage Finances Acquisition of 202-Unit OH Property

    Hamilton Real Estate Capital will use the $7.6 million Fannie Mae loan to purchase Sutton Square Apartments, a 29-building community in southeast Columbus.

    08 January 2018 15:20

  • National Asset Services Increases Presence in OH

    The company has expanded its nationwide property management portfolio with the addition of 189 condo and apartment units outside Columbus.

    03 January 2018 08:02

  • OH Apartments Snag $17M Financing

    Pillar originated the loans for two properties in Columbus. The financing includes 10- and 15-year terms and 30-year amortization schedules.

    26 December 2017 18:15

  • RED Mortgage Welcomes New President

    Trent Brooksbrings more than three decades of executive leadership experience in the multifamily industry.

    18 December 2017 06:46

  • Economic Diversity Drives Growth in Columbus

    As the economy improves, the cost of living remains relatively affordable in Columbus, attracting more residents to the area and boosting multifamily demand. A business-friendly environment also draws investors and entrepreneurs to Ohio's largest city, prompting more people to rejoin the workforce.

    05 December 2017 15:33

  • Civitas, Guttman to Develop Ohio Senior Housing

    The Grand of Sugarcreek in Dayton will offer 220 independent-living, assisted-living and memory-care units. Construction is slated to start in the first quarter of 2018.

    08 September 2017 14:01