News
On Demand Webinar: Why Multifamily Investors Are Expanding into Single-Family Rentals
This comprehensive presentation from Arbor and Multi-Housing News provides an overview of single-family rentals–the fastest-growing asset class.
On the Market: 5 Interesting Listings for the Week of 9/7
This week’s list includes one of the few lakefront properties available in Chicago; a high-end asset in Santa Barbara, Calif.; and more.
Capital One Provides $50M for SoCal Refi
Allmark Properties’ portfolio includes six properties totaling 538 units in Rancho Cucamonga. The communities are operated as a single entity through a shared facilities agreement.
Greysteel Brokers Sale of Dallas-Area Property
The 154-unit community located in Irving, Texas, traded to a 1031 exchange buyer. The brokerage team worked on behalf of the seller in the deal.
Community Builders Secures $10M for Affordable Boston Development
TD Bank arranged the financing for The Clarion, and its Community Capital Group has also invested $9.2 million of equity in the project. Construction is scheduled for completion by 2019.
HFF Completes $18M Sale of Metro Seattle Community
Watt Cos. acquired The James, a 144-unit community in Lakewood, Wash. The garden-style property offers a mix of studio, one-, two- and three-bedroom units across 14 buildings.
Kolter Urban Tops Off Palm Beach Luxury Condo Tower
The 48-unit project dubbed 5000 North Ocean is scheduled for delivery in the fall of 2019. KAST Construction serves as general contractor.
Hunt Midwest Brings Retail Tenants to KS Community
The Vue is a mixed-use luxury property in downtown Overland Park featuring almost 9,000 square feet of retail space.
MHN Poll: Rent Control
MHN has a new poll! We want to know how much rent control initiatives will affect your business.
NorCal Senior Community Changes Hands
Gerson Bakar & Associates traded the 154-unit property for $29 million, with the buyer securing a nearly $30 million acquisition and development loan.