News
Hines Exits Las Vegas Multifamily Market in $80M Deal
The seller had purchased the 308-unit suburban community four years earlier for $58.2 million.
McCann Realty JV Buys 853 Units in Richmond
DRA Advisors is the former owner of Trails at Short Pump Apartment Homes and Villages at West Laurel Apartments & Townhomes.
South Nashville Class A Community Scores $47M Refi
The new loan from Ares Management retires previous Fannie Mae financing taken for the 359-unit multifamily asset.
Short-Term Rental Options for Multifamily Operators
The five-page report from D2 Demand Solutions breaks down the six STR business models.
NorthMarq Acquires Houston-Based CRE Firm
The firms will merge offices in Texas’ biggest city, with KDH bringing a nearly $2 billion loan servicing portfolio to the newly combined company.
JV Sells Las Vegas Community for $79M
Tower 16 Capital Partners and Henley Investments acquired the 512-unit property in mid-2018 and invested more than $4 million into capital improvements.
Black Creek Borrows $63M for Maryland Community
JLL arranged the financing for the 333-unit property in Rockville’s Westside at Shady Grove neighborhood.
Hilltop Residential Continues Texas Expansion
In two separate deals, the company purchased the 308-unit Regalia Mansfield in Mansfield and the 291-unit Grand Reserve in Katy.
Tampa Multifamily Report – Fall 2019
Multifamily demand continues strong in the metro, boosted by above-trend population and employment gains.
MHN’s December 2019 Must-Reads
Catch up on last month’s most important stories, Q&As and surveys.