Multifamily news in Columbus
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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.
12 May 2020 12:42 -
29th Street Capital Buys South Columbus Community
The buyer financed the purchase with a $23.8 million Freddie Mac loan from Newmark Knight Frank.
30 April 2020 14:09 -
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.
03 December 2019 13:00 -
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.
04 November 2019 16:23 -
AndMark Expands Columbus Footprint
The investment fund currently owns 1,300 units in the market after buying a portfolio of three neighboring apartment communities.
02 October 2019 13:28 -
Keybank Originates $32M in Financing for 2 Columbus Assets
New Life Multifamily Management is the owner of both communities, which total 747 units and are located approximately 13 miles from the city’s downtown.
13 September 2019 15:13 -
Fortress Real Estate & Hallmark Open Columbus Community
The community is near Scioto Country Club, Ohio State University and downtown Columbus.
26 August 2019 15:29 -
POAH Acquires Columbus-Area Multifamily Portfolio
The deal included Waggoner Grove, a partially affordable Class B suburban community with 175 units, and 50 condominiums in the area.
13 August 2019 06:23 -
Steele Properties Buys Columbus Affordable Community
The firm has expanded its portfolio with the acquisition of a 112-unit property. The asset will receive more than $44,000 per unit in hard cost rehabilitation.
24 July 2019 16:52 -
Pizzuti Renovates, Expands Columbus Community
The first phase in the company's redevelopment effort at the former Grant Oak Apartments is underway. Phase two is slated to begin this fall.
12 July 2019 12:52 -
Columbus Multifamily Report – Spring 2019
Despite a tightening labor market, the metro’s multifamily sector continues to perform well, with 2.9 percent year-over-year rent growth, slightly below the U.S. average as of March.
06 June 2019 10:32 -
Wallick Secures $49M for Ohio Properties
Merchants Capital arranged the bridge financing for three assisted living properties totaling 363 units in Columbus and Cincinnati, as demand for affordable senior housing grows more acute.
13 May 2019 11:57 -
OH Community Sells for $15M
Link Real Estate Group acquired the 432-unit property in Franklin County that last traded in 2010. Income Property Organization brokered the deal.
25 April 2019 11:40 -
Top 10 Apartment Owners in Columbus
The metro region’s multifamily owners are focused on investing in the capital city itself, though that may change.
15 April 2019 13:55 -
Rockford Homes Sells Columbus Multifamily Asset
The new owner, Jeffrey Berlin, financed the acquisition via a 20-year, $5.5 million Freddie Mac loan arranged by Pinnacle Financial Partners.
29 March 2019 19:10