Columbus
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.
Hunt Mortgage Provides $5M Refi for Affordable Property
The Freddie Mac loan will refinance Lodge Apartments, a 140-unit community in Columbus.
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.
Huntington Lends $300M to Columbus Communities
The five-year plan includes targeted outreach to strengthen the city’s Linden and Northland neighborhoods through development and lending commitments.
RED Closes Refi Loans for Midwestern Affordable Community
The mortgage banking arm of Red Capital Group coordinated a MAP and Lean closing for the refinance and renovation of Portage Trail Village, a property in Cuyahoga Falls, Ohio.