News
NRP Group Breaks Ground on Cleveland Affordable Housing Project
Residences at Cornerstone will bring 76 units to the Euclid-Green neighborhood. The development is part of a mixed-age community that includes Cornerstone Senior Apartments.
Tampa Community Trades for $44M
The 400-unit multifamily property sits on 25 acres in the Town ‘N’ Country neighborhood. Berkadia negotiated the deal on behalf of the seller and procured the buyer.
In Case You Missed It: MHN’s Top 5 Posts in June
Miss any of our articles? Catch up with five of our most popular posts for the month.
RK Properties Buys North Carolina Apartments
The purchase of Bainbridge Lake Crabtree in Morrisville represents the company’s second acquisition in the metro over the past two months.
Renter Survey Highlights Move-in Challenges
A new survey by fintech startup Jetty highlights the financial concerns and move-in obstacles that apartment residents face, amid a nationwide affordability crisis.
WashREIT Wraps Up $461M Portfolio Buy
The REIT has closed on the $82 million purchase of two communities in the suburbs of Washington, D.C., totaling 428 units. The deal is the second tranche of a larger seven-property transaction.
UK Firm, Oxford University Partner in $5B Plan
A London-based financial services company and the university are teaming up to build homes for staff and students in and around Oxford.
Oakland Community Trades in All-Cash Sale
NAI Northern California represented the seller and secured the buyer in the 1031 transaction of the 44-unit Vermont Apartments located near Interstate 580.
10 Game-Changing Innovations in Multifamily
At the National Apartment Association’s Apartmentalize conference in Denver, a group of panelists agreed that new technological innovations—from autonomous vehicles to cryptocurrencies—will continue to transform the industry.
NAREE Report: Apartments Needed to Meet Demand
With Gen Z looming behind the huge Millennial population, millions more apartments are needed over the next decade to meet a growing need.