News
Why Rehab is a Health-Care Niche to Watch: Report
Inpatient Rehabilitation Facilities are the fastest-growing part of the Post-Acute Care sector in the U.S., according to Colliers International.
National Multifamily Report – Summer 2019
At mid-year, rent growth has stabilized at more than 3 percent and is expected to increase 2.6 percent for the full year, according to Yardi Matrix’s Summer 2019 U.S. Multifamily Outlook.
Community in Vegas Opportunity Zone Sells for $64M
A joint venture between The Arden Group and GFO Cos. purchased the newly delivered, 215-unit student housing property.
Avanath Buys 288-Unit Orlando Community
The property, subject to a Land Use Restrictive Agreement, is the first acquisition for the company’s fourth affordable housing fund.
Related, Hudson Cos. Top Out Affordable Housing Project
The 340-unit building is the first newly built, permanently affordable housing to be developed on New York City’s Roosevelt Island.
JV Breaks Ground on Brooklyn Mixed-Use Project
Developed by START Treatment & Recovery Centers, Delshah Capital and OTL Enterprises, the 20-story will offer 180 housing units, as well as office, retail and community space.
NYC Affordable Portfolio Lands $192M in Financing
A joint venture secured the fixed-rate financing to acquire and renovate 1,321 affordable housing units in Brooklyn.
Continental Realty Closes $211M Fund
The company’s fifth vehicle, which targets value-add multifamily and retail investments throughout the Mid-Atlantic and Southeast, has acquired a rental property in Raleigh, N.C.
Greystar Confirms Sale of South Florida Community
The 214-unit asset is now under the ownership of SouthStar Properties. Greystar made improvements to common areas and units.
Epoch Residential Sells 308-Unit San Antonio Asset
The deal is the first time the 2015-built community has changed hands. Nationwide Life Insurance provided the buyer with a nearly $27 million acquisition loan.