News
In Case You Missed It: MHN’s Top 5 Posts in August
Miss out on any of our articles? Catch up with five of our most popular posts for the month.
Health Care, Technology Drive Growth in Pittsburgh
A recent boost in higher-paying jobs will bolster multifamily demand this year, especially in the metro’s downtown area, which experienced a 24 percent population surge from 2010 to 2017.
Greystone Provides $34M Fannie Mae Loan
A New Jersey company acquired the 143-unit community. Park Square West offers 29 affordable units for renters earning 50 percent of the area median income.
Top 10 Communities Under Construction in Central & Northern NJ
The area’s improving economy bolstered multifamily development, resulting in more than 17,000 units being built as of June, as well as an increase in affordable housing units.
Asset Campus to Manage TX Student Housing
The $34 million San Marcos project will feature 510 beds and 32,000 square feet of retail space, with Tiff’s Treats, McAllister’s, Summer Moon Coffee Bar and Blaze Pizza among its tenants.
Geller Associates Sells in the DC Area
Greysteel represented the company in the disposition of Regency Court, a 115-unit property in Suitland, Md.
Wilkinson Grabs Atlanta Multifamily Portfolio
Marquis Investments traded the three Class B communities, which total 456 units in the city’s Brookhaven submarket, for $50 million.
Reaching the Pinnacle of Success in Property Management
Larry Goodman, COO of Pinnacle, describes how the company retains residents, trains managers and boosts multifamily asset values across its portfolio.
American Landmark Continues NC Expansion
The company has acquired the 339-unit Sterling Town Center in Raleigh and the 312-unit Integra Springs at Kellswater in Charlotte. Both communities will undergo extensive renovations.
3rd Ave Investments Buys Phoenix-Area Asset for $22M
The 276-unit Casa Bellisima is located in Glendale, a submarket with limited inventory but more affordable rents than the urban core.