Columbus
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.
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.
Yardi Matrix: Columbus, Where Growth Meets Affordability
Driven by an improving economy led by technology, logistics and advanced manufacturing, Columbus’ multifamily sector is steadily gaining strength.
HMG Arranges $24M Refi for 3-Property Portfolio in Ohio
The properties include The Ridge at Taylor Station, Fox Run Apartments and Parkway Apartments.