Multifamily news in Columbus
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Columbus Multifamily Report – Fall 2020
While transactions slowed down significantly, rent growth endured amid economic volatility.
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Walker & Dunlop Appoints Ohio Sales Team
Andrew DiBlasi is set to manage the origination and execution of multifamily sales in the state.
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Top 10 Multifamily Projects Under Construction in Ohio
A list of Ohio’s largest properties currently under construction, based on Yardi Matrix data as of September.
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Herman & Kittle Opens Columbus Affordable Community
The developer financed the 248-unit project with tax-exempt bonds issued by the Ohio Housing Finance Agency.
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Trilogy Acquires Columbus-Area Apartments
The firm has purchased The Mirada in Lewis Center, Ohio, which was 95 percent leased at the time of sale.
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Columbus Community Lands Refi
Gelt Financial provided a two-year loan for the 152-unit, non-stabilized rental community.
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Columbus Multifamily Report – Summer 2020
The metro's average rate inched up 40 basis points in three months, while the U.S. figure contracted.
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Top 5 Midwestern Markets for Multifamily Development
Construction projects in five metros account for more than 60 percent of the region’s units underway, according to Yardi Matrix data.
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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.
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Dietz Property Group Sells Columbus Portfolio
The properties include The Villages at Waggoner Park and The Residences at Eastpointe Ridge, totaling 580 units.
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Suburban Columbus Community Gets $10M Refi
Grandbridge Real Estate Capital provided the 10-year, Freddie Mac loan for the 156-unit Class C property.
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Northern Columbus Community Lands $35M Fannie Mae Refi
The financing replaces $29 million in construction financing at the 196-unit Station 324.
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29th Street Capital Buys South Columbus Community
The buyer financed the purchase with a $23.8 million Freddie Mac loan from Newmark Knight Frank.
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Columbus Multifamily Report – Fall 2019
Multifamily rents in the metro have moderated in recent quarters, after several years of above-trend growth and solid absorption.
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Multifamily Development Trends: Becoming Part of the Community
Lifestyle Communities' Rob Zelina discusses the impact of new developments in Columbus, as well as his company's most recent project, LC RiverSouth.