Finance & Investment
Alliance Property Gets LIHTC Funding for Affordable Housing in Vegas
The 72-unit Owens Senior Apartments will receive sustainable upgrades, and the rehab should be complete in early 2019.
SVN Brokers MD Student Housing Sale
The 48-bed community dubbed The Allston features a mix of studio and one- to three-bedroom units that serve students attending Johns Hopkins University.
HFF Secures Construction Loan for OR Mixed-Use Asset
Guardian Real Estate Services’ Milwaukie development will include 110 units, 7,500 square feet of retail space and 78 parking spaces.
2018 NAA Conference Coverage
Speakers at the 2018 National Apartment Association’s Apartmentalize tackled hot topics including affordable housing, marketing, the apartment demand, credit scores, cybersecurity and more.
Sterling Real Estate Expands Value-Add Portfolio with Phoenix Asset
Cambridge Court Apartments is a 286-unit community that traded for $24 million. The company plans to invest in improvements.
Historic IA Barracks Redeveloped Into Affordable Housing
Blackbird Investments’ 146-unit asset in Des Moines spans across 13 acres of a 640-acre decommissioned army facility.
Interra Realty Sells 2 Chicago Assets
The buildings, which changed hands for a combined $16.5 million, are located along Broadway Avenue in the Edgewater neighborhood.
Las Vegas-Area Community Lands $57M Financing
Built in 2018, Castile Apartments features 498 units across 28 buildings. Thompson Michie Communities bought the asset in April for $99.6 million.
Is the New Tax Law a Boon for Residential Rentals?
Angela Adolph, an attorney and tax law specialist, explains why the recent tax legislation gives additional appeal to renting a home, rather than buying. It’s a trend that investors should bear in mind.
Denver-Area Vintage Assets Sell for Record Price
Transwestern’s Senior Vice President Tom Wanberg and Vice President John Blackshire represented the seller in the $9.5 million deal involving two Brighton, Colo.-communities.