News

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.

Allied Orion to Manage Colorado Springs Apartments

Etkin Johnson Real Estate Partners expects construction of the Class A luxury property to be complete in October 2019.

POAH Acquires Columbus-Area Multifamily Portfolio

The deal included Waggoner Grove, a partially affordable Class B suburban community with 175 units, and 50 condominiums in the area.

LA Apartments Buys San Fernando Valley Community

The firm has expanded its portfolio with the addition of a 100-unit property located in Pacoima, some 20 miles from downtown Los Angeles.

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Poll: Rent Control

MHN has a new poll! We want to know how much rent control has affected your business in the last year. 

Tampa-Area Value-Add Community Sells for $18M

The 143-unit multifamily asset traded for almost double the price it sold in 2012. The new owner intends to upgrade and reposition the Class B property.

AMLI Report: Most Renters Worry About Climate Change

The company’s annual survey also found that Millennial residents are the most willing to pay for green features.

South Florida Community Trades for $59M

Bell Partners acquired Overlook Pointe, a 249-unit, Class A apartment asset located less than 5 miles from downtown Boca Raton.

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Freddie Mac Foresees 4 Percent Rent Growth in 2019

The GSE’s midyear outlook finds that the industry is still struggling to build enough multifamily units for a housing-hungry nation, despite elevated construction starts.

Philadelphia-Area Value-Add Properties Change Hands

Rittenhouse Realty Advisors sold Maple Grove Apartments and Royersford Gardens, two apartment communities located in Montgomery and Bucks Counties.