News
JV Gets $35M Refi for 604-Unit Portfolio
Auerbach Funds and Blue Magma Residential secured the loan with Greystone for a three-property multifamily portfolio located in the Southeast.
KeyBank Originates $66M in Financing for NY Senior Housing Assets
The lender’s Healthcare Group arranged a $45.8 million first mortgage and a $20.1 million first mortgage through Freddie Mac to refinance two properties.
Midwestern Markets Offer Best Risk-Adjusted Returns
Cities in Ohio and Texas dominated Compound Asset Management’s top-10 list of the most attractive metro areas as residential investment targets. California accounted for the four worst.
Vermilion Opens 119-Unit Assisted Living Property in Fort Wayne
The developer’s eighth community under the Silver Birch brand spans 97,000 square feet in Fort Wayne, Ind. HED designed the Z-shaped facility, which has a project cost of $23 million.
NYC Mixed-Use Project Breaks Ground
A trio of developers are behind a 19-story building that will offer more than 400 mixed-income apartments in the East Harlem neighborhood.
Affirmed Housing Breaks Ground on Orange County Affordable Project
Della Rosa in Orange County, Calif., will serve as permanent supportive housing for the chronically homeless and families earning up to 50 percent of the area median income.
The May 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.
NYC Looks to Co-Living for Shared Housing Template
ShareNYC is a pilot program designed to bring a new and much-needed apartment type to the city’s affordable stock.
Exact Capital Rehabs 29 Central Harlem Properties
The firm teamed with Harlem Congregations for Community Improvement Inc. and received private and city funding to help pay for the $26 million in renovations.
Domain Communities Buys Dallas-Area Property
HFF marketed The Villas of Josey Ranch in Carrollton exclusively on behalf of the seller, a partnership between Harbert Management Corp. and Balfour Beatty Communities.