Multifamily news in Columbus
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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 -
Garden-Style Community Changes Hands in OH
A private investor purchased Fair Oaks, a 29-building property in the Far South submarket of Columbus, using a $5.1 million loan.
27 February 2019 07:30 -
Income Property Organization Brokers Columbus Sale
Paul McHugh of IPO facilitated the transaction, which involved a $2.7 million acquisition loan held by Perpetual Federal Savings Bank.
07 February 2019 07:23 -
Hamilton Point Investments Sells OH Asset
The Enclave at Albany Park in Westerville commanded nearly $15 million. The new owner assumed the outstanding balance of a Fannie Mae loan attached to the property.
06 February 2019 07:55 -
Top 10 Multifamily Completions in the Midwest in 2018
With more than 35,000 new units, multifamily development in the Midwest closed a very active 2018, on par with national trends.
28 January 2019 13:04 -
OH Community Commands $21M
The 344-unit community in Groveport, Ohio, in the Columbus metro area, is spread across 5.7 acres. The seller was Ardent Communities.
23 January 2019 15:44 -
Columbus Maintains Stable Rent Growth
Although employment growth moderated in 2018 while multifamily development kept a steady pace, the Columbus rental market remains one of the Midwest’s top performers.
17 January 2019 13:20 -
Fully Occupied Community Trades in OH
Franklin’s Crossing has 61 units and is located in Northwest Columbus in an area with several shopping and entertainment centers nearby.
29 November 2018 09:01 -
Monarch Purchases Community in East Columbus
Ardsley Ridge Townhomes & Apartments—completed in phases in 1960, 1974 and 1978—consists of 238 units spread across 24 buildings.
21 November 2018 13:30 -
Nonprofit Purchases Affordable Community in Ohio
Bridlewood Village encompasses 70 fully affordable units in the southern area of Columbus. The 1980-built community spreads across 13 buildings.
20 November 2018 14:16 -
The Connor Group Refinances OH Property in $54M Deal
UBS Realty Investors sold The Estates at New Albany, which encompasses 428 units across 42 buildings. The property was 95.3 percent occupied at the time sale.
16 November 2018 19:02 -
Affordable Community Changes Hands in Columbus
The sale of Winchester Lakes involved two loans, one in the amount of $17.7 million and other loan of $3.5 million.
16 November 2018 17:17 -
OH Portfolio with 456 Units Changes Hands
The transaction includes three communities located within the Westland submarket of Columbus. All properties have a 90 percent or above occupancy rate.
29 October 2018 17:22 -
Coastal Ridge Adds to OH Portfolio
The Edge at Arlington, previously known as LeMans Village, has 229 units and amenities include 12 laundry facilities and a basketball court.
29 October 2018 14:36