Multifamily news in Columbus
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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 -
Steady Growth Cultivates Building Boom in Columbus
The multifamily market is expanding in the area, which has been an economic standout in Ohio and the Midwest. The metro’s tight labor market is lifting average wages, attracting more residents and bolstering demand for apartments.
28 July 2017 08:30 -
Oakwood to Manage Columbus Mixed-Use Project
The local property management company will manage River & Rich, a 230-unit project currently underway downtown Columbus, Ohio. The community is set to open during summer 2018.
28 April 2017 09:29 -
Champion to Develop First Multifamily Project
Sunbury Pointe, a 146-unit community in Ohio, will be completed this fall.
17 March 2017 15:23 -
Yardi Matrix: Steady Columbus
The metro’s multifamily market has stabilized, thanks to moderate rent increases resulting from steady employment gains and healthy population growth.
20 February 2017 13:16 -
Hunt Mortgage Provides $5M Refi for Affordable Property
The Freddie Mac loan will refinance Lodge Apartments, a 140-unit community in Columbus.
23 December 2016 12:28 -
Hunt Mortgage Facilitates $7M Refi for Multifamily Property
The Freddie Mac loan will be used to refinance Stone Crossing Apartments, a 142-unit apartment community in Springfield, Ohio.
06 December 2016 06:34