Finance & Investment
On the Market: 5 Interesting Listings for the Week of 3/6
The most recent listings include a centrally located ’60s Hollywood asset and a recently upgraded property just steps from Cornell University.
Marcus & Millichap Sells Dallas Community
The new owner plans a multi-million-dollar renovation.
CDP Expands West Coast Portfolio
The company has acquired three affordable communities in Las Vegas and Salem, Ore.
Steele Properties Acquires Affordable AL Community
Valley Brook Apartments includes 240 units, 213 of which are affordable.
The March digital issue of MHN is now available!
Editor’s note Act now. People on the Move News from WinnResidential, Mill Creek and more. Transactions Sales and financing news. Market Pulse Rent growth, transaction data. Mission: Success Steve Heimler makes waves in the Rainbow State. Special Report: A New Direction? Watch for big changes to fair housing policy. Golden age? It’s supply vs. demand in the senior housing ring. Covering the Bases How military housing operators win over service families. Joining the Crowd Crowdfunding’s multifamily footprint grows. In the Lap of Luxury NMHC’s Mark Obrinsky: Is there enough demand for upscale apartments?
Towne Properties Acquires Raleigh Community for $21M
Built in 1986, Regency Place Apartments includes 180 units.
Preiss Adds to Its Student Housing Portfolio
The operator acquired two communities totaling more than 1,100 beds.
Security Properties Acquires Affordable Las Vegas Asset for $27M
The portfolio offers two adjacent properties—Sunrise Palms, comprises 122 units of senior living, and Orchard Club, which provides 220 units of low-income housing.
Capital One Closes Loans to Refinance Manufactured Housing
The communities, located in the San Diego and Phoenix metros, both house seniors.
Napali Capital Acquires 105-Unit Community in Fort Worth
The acquisition of The Monterrey Apartments & Townhomes brings Napali Capital’s portfolio to 11 properties.