Columbus
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.
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.
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.
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.
RED Mortgage Welcomes New President
Trent Brooksbrings more than three decades of executive leadership experience in the multifamily industry.
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.
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.
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.
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.
Champion to Develop First Multifamily Project
Sunbury Pointe, a 146-unit community in Ohio, will be completed this fall.