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The CPE-MHN Guide to 2019 is now available!
We’re pleased to present the Guide to 2019, a special publication of Commercial Property Executive and Multi-Housing News, offering valuable insights into this year’s trends and opportunities, along with key market data and analysis.
JV Closes on Condo Deconversion in Chicago’s South Loop
River City will receive a full redesign and renovation of its lobby, common areas, residential units and retail components as it transitions to rental.
Portland Luxury Asset Sells for $58M
The 182-unit rental building was completed in 2017 by Fore Property Co. and is located in the Southwest Hills submarket.
Boardwalk Properties Buys FL Community for $119M
The 394-unit asset will be renamed THE AVENUE, offering amenities such as two swimming pools, a three-level clubhouse and a yoga studio.
BSR REIT Acquires 334-Unit Community in DFW Region
The purchase of Riverhill Apartments in Grand Prairie, Texas, was the REIT’s third since its initial public offering on the Toronto Stock Exchange in May.
MHN’s Top 10 Posts from 2018
Miss out on any MHN articles? Catch up with our most popular posts of the year.
CAPREIT Lands $77M Refi for Midwest Portfolio
The assets include The Kensington at Beverly Hills in Michigan, Valle Vista Armes Apartments in Indiana, Greenway Chase Apartments in Missouri and Pointe West Apartments in Iowa.
Richman Group Sells Denver Apartments for $112M
The purchase of Infinity LoHi marks the highest price per unit in metro Denver this year, at $409,340. The property offers a pool, fitness center and pet spa, among other luxury amenities.
San Antonio’s Building Surge Dampens Rent Growth
Despite the robust pipeline, demand in the metro has remained relatively healthy as Millennials and Baby Boomers flock there to partake in the strong economy.
Phoenix Plays to Its Strengths
Positive demographic trends and one of the most active economies in the U.S. continue to support growth in the metro’s multifamily market.