Multifamily news in Columbus
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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 -
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