Finance & Investment
UMH Properties Pays $10M for Ohio Manufactured Homes
The REIT will invest in infrastructure improvements and filling the remaining vacant sites at the Sandusky community.
Invesco Forms $5B SFR Partnership With Mynd
The startup aims to acquire 20,000 homes across the U.S. as institutional investors boost their exposure to the sector.
EJF Capital, Chartwell to Invest $80M in Nashville OZ
The two-phase development will be located on the former Watkins College campus.
ACRE Provides $104M Financing for 3 Communities
The loans will go toward refinancing and renovating properties in Kentucky, North Carolina and Indiana.
Naftali Group Secures $103M Loan for Manhattan Condos
The financing will be used to develop a 13-story mixed-use property on the Upper East Side.
Phoenix Community Changes Hands for $18M
The 96-unit garden-style property was nearly fully occupied at the time of the sale.
ICYMI: MHN’s Top 5 Posts in May 2021
Miss any of our articles? Catch up with five of our most popular posts for the month.
SpareBox Storage Expands in Oklahoma, Florida
The newly acquired facilities total more than 2,000 units.
Adaptive Reuse Project Lands $17M Loan in Providence
With help from Berkadia, the owner of a former mill turned into loft-style residences has obtained HUD 223(f) financing.
XFD Real Estate JV Buys North Carolina Student Housing Community
The new owners plan to invest $2 million to upgrade the 888-bed property in Greenville.