News
The October Digital Issue of MHN Is Now Available!
Now you can get trend and strategy insights two different ways: Leaf through the Multi-Housing News digital digest for a quick read, or click on individual articles for an in-depth look at each of the topics that most interest you.
Broadtree Residential Pays $69M for Atlanta-Area Asset
The REIT managed by Broadstone Real Estate has added a 296-unit community to its growing portfolio.
LIHTC Pilot Speeds Up Affordable Financing
A Tennessee affordable housing community catering to seniors and disabled residents became the first property financed by HUD’s Atlanta office under the new LIHTC Pilot program.
MG Properties Buys Arizona Community for $110M
Everest Holdings sold the 512-unit property in the Chandler submarket, which leads the Phoenix metro area in multifamily absorption.
Orlando Multifamily Report – Summer 2019
Boosted by gains in well-paying employment sectors and the evergreen appeal of the area’s touristic attractions, Central Florida’s rental market remains a safe bet.
Capstone Apartment Partners Brokers North Carolina Sale
Austin Green, Brian Ford, Alex McDermott and Caleb Troop represented the seller and procured the buyer. The new owner intends to renovate the 128-unit community.
Value-Add Jacksonville Community Sells for $14M
Newmark Knight Frank assisted InvestRes in the disposition of the 176-unit asset located in the St. Nicholas neighborhood.
Bay Area Asset Changes Ownership
New Standard Equities paid $60 million for the 170-unit garden-style community located in Fremont, Calif.
JLL Negotiates $141M Sale of DC-Area Property
Fairfield Residential purchased Atley on the Greenway, a 496-unit apartment community in Ashburn, Va.
New Jersey Portfolio Deal Scores $228M Loan
Cammeby’s International purchased the six-asset bundle of communities totaling more than 1,800 units.