Finance & Investment - Columbus
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Steele Properties Buys Columbus Affordable Community
The firm has expanded its portfolio with the acquisition of a 112-unit property. The asset will receive more than $44,000 per unit in hard cost rehabilitation.
24 July 2019 16:52 -
Wallick Secures $49M for Ohio Properties
Merchants Capital arranged the bridge financing for three assisted living properties totaling 363 units in Columbus and Cincinnati, as demand for affordable senior housing grows more acute.
13 May 2019 11:57 -
OH Community Sells for $15M
Link Real Estate Group acquired the 432-unit property in Franklin County that last traded in 2010. Income Property Organization brokered the deal.
25 April 2019 11:40 -
Rockford Homes Sells Columbus Multifamily Asset
The new owner, Jeffrey Berlin, financed the acquisition via a 20-year, $5.5 million Freddie Mac loan arranged by Pinnacle Financial Partners.
29 March 2019 19:10 -
Income Property Organization Brokers Columbus Sale
Paul McHugh of IPO facilitated the transaction, which involved a $2.7 million acquisition loan held by Perpetual Federal Savings Bank.
07 February 2019 07:23 -
Hamilton Point Investments Sells OH Asset
The Enclave at Albany Park in Westerville commanded nearly $15 million. The new owner assumed the outstanding balance of a Fannie Mae loan attached to the property.
06 February 2019 07:55 -
OH Community Commands $21M
The 344-unit community in Groveport, Ohio, in the Columbus metro area, is spread across 5.7 acres. The seller was Ardent Communities.
23 January 2019 15:44 -
Fully Occupied Community Trades in OH
Franklin’s Crossing has 61 units and is located in Northwest Columbus in an area with several shopping and entertainment centers nearby.
29 November 2018 09:01 -
Monarch Purchases Community in East Columbus
Ardsley Ridge Townhomes & Apartments—completed in phases in 1960, 1974 and 1978—consists of 238 units spread across 24 buildings.
21 November 2018 13:30 -
Nonprofit Purchases Affordable Community in Ohio
Bridlewood Village encompasses 70 fully affordable units in the southern area of Columbus. The 1980-built community spreads across 13 buildings.
20 November 2018 14:16 -
The Connor Group Refinances OH Property in $54M Deal
UBS Realty Investors sold The Estates at New Albany, which encompasses 428 units across 42 buildings. The property was 95.3 percent occupied at the time sale.
16 November 2018 19:02 -
Affordable Community Changes Hands in Columbus
The sale of Winchester Lakes involved two loans, one in the amount of $17.7 million and other loan of $3.5 million.
16 November 2018 17:17 -
OH Portfolio with 456 Units Changes Hands
The transaction includes three communities located within the Westland submarket of Columbus. All properties have a 90 percent or above occupancy rate.
29 October 2018 17:22 -
Coastal Ridge Adds to OH Portfolio
The Edge at Arlington, previously known as LeMans Village, has 229 units and amenities include 12 laundry facilities and a basketball court.
29 October 2018 14:36 -
Top 10 Columbus Multifamily Transactions
The city is quickly becoming the most important economy in Ohio, thanks to its relatively affordable housing and growing economy. This year, more than 2,000 units traded for a total of $266 million.
07 August 2018 17:38