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Investcorp, TruAmerica Buy $98M Orlando Portfolio
The JV acquired a 708-unit, two-property portfolio and plans an extensive value-add renovation program for both communities.
Steadfast REIT Snags Dallas-Area Community for $44M
The 300-unit Point at Vista Ridge, which is 94 percent occupied, will be conducting an apartment overhaul as part of the company’s value enhancement strategy.
Charlotte’s Boom
The metro’s multifamily market is one of the best-performing in the country, with healthy demand, job increases and strong growth potential.
Meta Housing Finishes Art-Oriented SoCal Affordable Housing
Constructed on a 54,000-square-foot YMCA-owned site, the five-story ACE/121 includes an 800-square-foot, professional-caliber art gallery, a visual arts room, a makerspace, two music rooms and a dance studio.
$82M Senior Community to Open Near Disney World
Big Rock Partners is developing Windsor at Celebration, which will offer a variety of living options in a section of Central Florida that’s undersupplied by senior housing.
Continental Realty Acquires $47M TN Community
The purchase was made on behalf of Continental Realty Fund IV LP. This represents the fifth residential community and ninth asset purchased by the fund, as well as the first in Tennessee.
MHN’s Top 5 May 2017 Articles
Miss out on any MHN stories in May? Here are five of our most popular articles for the month, including the top 10 apartment owners in San Francisco and the role of virtual assistants in leasing and property management.
Portland’s Charm
The city’s multifamily demand remains elevated, fueled by a healthy job market and an influx of young people for professional and lifestyle purposes.
Oden Hughes Breaks Ground on San Antonio Project
The 308-unit community is being built as part of The Rim, a 700-acre mixed-use development that also includes office and retail. Residences are scheduled to open in mid-2018.
Nashville’s Supply Side Shines
The area’s multifamily fundamentals continue to be solid on most levels. With strong demand fueled by robust population gains and consistent job growth, the market remains a hot ticket for investors.