News
OH Portfolio with 456 Units Changes Hands
The transaction includes three communities located within the Westland submarket of Columbus. All properties have a 90 percent or above occupancy rate.
IMT Capital Nabs Nashville-Area Community
Bell Partners, which acquired the asset in 2013, traded the 214-unit property for more than $50 million. CBRE Capital Markets provided the buyer with acquisition financing.
Preferred Apartment Communities Sells Nashville Asset
A joint venture between Security Properties and Reinsurance Group of America picked up the suburban 364-unit community for $55 million.
AMG Sells Dallas Asset to S2 Capital
S2 Capital picked up the 480-unit community, financing the acquisition with a $13.5 million loan originated by InPoint Commercial Real Estate Income.
Chicago-Area Community Trades for $131M
FPA Multifamily picked up the 758-unit asset, financing the acquisition with a 12-year, $95 million Fannie Mae mortgage originated by Berkadia.
Sponsored Post: How Properties Can Use Social Media for Customer Service
During this webinar, the experts at SOCi will share tips on how property managers can use social media to provide a better resident experience and attract new prospects with digital curb appeal.
Coastal Ridge Adds to OH Portfolio
The Edge at Arlington, previously known as LeMans Village, has 229 units and amenities include 12 laundry facilities and a basketball court.
MHN Announces the Excellence Award Winners
Multi-Housing News and Commercial Property Executive hosted a joint reception on Thursday, Oct. 25th to announce the winners of the 2018 MHN Excellence Awards and CPE Distinguished Achievement Awards. For more on this year’s awards program, check out our full coverage.
JV Acquires NYC Portfolio for $60 Million
Greystone provided $45 million in bridge financing for the three buildings located in Washington Heights, Morningside Heights and West Harlem.
The Connor Group Buys Atlanta Community for $39M
CF Real Estate Services was represented by CBRE in the sale of Ardmore & 28th, a 165-unit property in the Buckhead submarket.