News
Summit Equity Investments Buys IN Senior Housing
Whitmore Investments and Paragus Cos. traded the 66-unit property located in Brownsburg. Tikijian Associates represented the joint venture in the transaction.
Trez Forman Funds $42M Charlotte Property
Caldwell Station NC is developing a 20-building community that will feature 371 parking spaces, a saltwater pool and a dog park.
Opus Group Delivers Denver Luxury Community
The Centennial property includes 306 units and wraps around a central parking garage, which allows residents to park on the same floor as their apartment.
New Supply Softens Rent Growth in Charlotte
Despite decelerating rents, investors remain focused on the metro’s multifamily market, which is set to expand by 5,800 new units this year.
Creating Legacy Landmarks: Renderings vs. Reality
Location, timing and the team—these are the key ingredients that JDS Development Group considers when deciding to take on a new project. Founder & Managing Partner Michael Stern discusses the company’s main projects and strategy.
How Bellwether Closed a Record Section 538 Deal
The Enterprise Community Investment subsidiary facilitated a $19.6 million loan for a mixed-income community in Royse City, Texas. The team that arranged the financing touches on the difficulties along the way and the affordable housing crisis in the state’s rural areas.
Meridian Arranges $23M Loan for TX Community
The firm secured a three-year loan that will be used to recapitalize the 344-unit Wildwood in Austin, which features a playground, a pool and 650 parking spaces.
Home Office
Telecommuting is a popular option for many employees, so some of your residents could be working from their apartments. Does your community offer what they need? MHN and Kingsley Associates partnered to find out what renters think about working from home.
Capitol Seniors Housing Acquires NJ Community
Siena in Cinnaminson Township was developed as a condo building and will be converted to apartments. The company plans to add units and a fitness area, a yoga studio and a card room.
Employment, Affordability Drive Demand in Jacksonville
A healthy economic climate and ongoing multifamily rent growth are drawing more investors to the metro, where the sales volume rose to nearly $1.4 billion in 2017.