News
KeyBank Arranges $291M for Senior Housing Portfolio
The loan, which was secured through Freddie Mac and closed in two tranches, was used to acquire 17 properties totaling 2,193 units.
NJ Community Changes Hands for $43M
The 12-story residential property is located in the heart of Fairview in Bergen County and that drove investor interest. The Fairview was renovated in 2017.
Greystar Opens Luxury Community in FL
The company has added 286 units to its portfolio. The property is located in the Rosemary District of Sarasota, Fla.
Legrand to Team Up With Samsung for Smart Lighting Solution
The new lighting product connects with existing smart-home solutions so that lamps, small appliances and whole-home lighting systems can be controlled remotely via the Legrand Smart Lights app or within the home through voice-enabled assistants.
Tampa: A Must-Have for Real Estate Portfolios
Steve Patterson of Related Development reveals to MHN all the reasons why the metro is a winning bet. The CEO touches on the current multifamily landscape and also shares his predictions about how the real estate market here is going to evolve.
KeyBank Provides $64M Loan for Affordable NJ Asset
The refinancing will also help rehabilitate Grace West Manor, a 429-unit Newark community built in 1978. The property serves individuals aged 62 and over.
Partially Affordable Anchorage Project Receives $7M Loan
Elizabeth Place Apartments in Anchorage will serve those earning between 50 and 60 percent of the area’s median income, as well as homeless and disabled residents.
What Gen Z Wants in Student Housing
Location, security and activity spaces—these are the top three qualities that Bock Development Group takes into consideration when developing a student housing community with Gen Z renters in mind. CEO Tom Bock sheds light on attracting this important cohort.
Amazon’s HQ2: The Multifamily Impact
Executives weigh in on the implications for residential markets in Crystal City, Va., and Long Island City, N.Y., Amazon’s future HQ2 campuses.
The 2018 Vote: California Says No to More Rent Control
The state rejected a measure that would have opened the door to broader restrictions, but concerns linger about efforts around the country to impose caps.