News
C.W. Driver Completes $78M Student Housing Project
The assets include a 407-bed community and a 750-seat dining facility and will serve students attending California State University, San Bernardino.
Passco Lands $31M Loan for MS Community
KeyBank originated a Fannie Mae first mortgage loan for the acquisition of The District Lofts in Jackson, Miss. The loan is fixed-rate with a 10-year term and a five-year interest-only period.
Colliers Arranges $11M Sale of Affordable FL Asset
Senior Vice President Kevin Morris worked on behalf of both parties in the disposition of Grande Court North Port, a fully leased 128-unit community.
Optima Breaks Ground on Luxury Community in AZ
The company has broken ground on phase II of Optima Kierland Center in Scottsdale, which will include 202 units. The project is slated for completion in 2020.
In Case You Missed It: MHN’s Top 5 Posts in September
Miss out on any of our articles? Catch up with five of our most popular posts for the month.
GAIA Acquires 90 Condo Units in Manhattan
The firm paid $53 million for the apartments located within Bridge Tower Place, a luxury building on the Upper East Side.
Lantower Residential Acquires Austin Apartments
Edgewater is located in the city’s tech hub and includes 328 units, a dog spa, two pools and a recreational pond.
JV Continues Expansion in Austin Student Housing Market
The purchase of Signature 1909 marks The Preiss Co.’s third acquisition in joint venture with TH Real Estate, and brings its current market presence to 3,640 beds.
Meet Freddie Mac’s Newest SVP
Steve Lansbury joined the financier two decades ago. He will replace Deborah Jenkins, who will also be promoted to executive vice president.
Multifamily Design Trends: Workspaces in the Lobby
Color, functionality and a social atmosphere are three very important aspects when designing a community for the younger generation, according to Jules Escalona, art director at Straight Designs. Another key feature is the revamped version of the classic business center.