News

Affordable Senior Community Breaks Ground in NJ

The new rental community will feature 54 one-bedroom apartments for seniors aged 62 and older, with five units set aside for formerly homeless senior residents.

IN PHOTOS: The 2018 CPE/MHN Awards Party

The 2018 MHN Excellence Awards drew multifamily professionals from around the country to celebrate the industry’s top projects, professionals and companies.

Donaldson Group Expands Management Portfolio

The company has taken over management operations at two recently sold communities in Virginia—the 457-unit Rivermont Crossing in Chester and the 168-unit Lafayette in Norfolk.

MG Properties’ Strategy Shift

CEO Mark Gleiberman explains the company’s philosophy and outlines its strategy for 2018 and beyond.

KeyBank Arranges $63M for Multifamily Portfolio

The properties include Cambrian in Aurora, Colo.; Ascott Place in Tampa; and The Cascades in Phoenix. The loans were secured through Fannie Mae.

PRG Trades Jacksonville Community

InvestRes picked up the 200-unit property for more than $21 million, financed by a $15.3 million Freddie Mac loan originated by Berkeley Point Capital.

Natixis Lends $45M for Houston Multifamily Acquisition

The 244-unit Venue Museum District is a luxury two-building property located in Houston’s cultural heart.

Trinity Properties Lands $300M Refi in San Francisco

PGIM Real Estate Finance provided the refinancing package on eight of the owner’s communities.

Gearing Up for Successful Multifamily Operations

With changes in resident expectations driving different approaches to asset management, Sunrise Management CEO Joe Greenblatt provides insights into how owners can stay ahead of the curve.

Gateway Acquires St. Louis-Area Mixed-Use Community

The 8.3-acre property, which will be rebranded as The Westview, marks the company’s seventh acquisition in the St. Louis area within the last five years