News
L5 Investments Buys Suburban Seattle Property for $15M
Montrose Apartment Community in Burien, Wash., includes 97 units, a fitness center, a pool and a playground.
WA Property Lands $11M Freddie Mac Refi
Completed in 2017, The Commons at Innovation Center is part of the Tri-Cities Research District in Richland and comprises 150 units.
Sares Regis Picks Up San Diego Asset
The company financed the acquisition of the 344-unit property with an $80 million loan, which will also be used to fully redevelop it.
ND Student Housing Nears Completion
The Bridges, which is being developed by PROffutt and will be managed by Greystar Student Living, will include 364 beds and serve the students of North Dakota State University of Agriculture and Applied Sciences.
Interra Realty Arranges Chicago Community Sale
Managing Partner Brad Feldman and Director Adam Saxon represented the buyer of a vintage 32-unit building located in the Uptown neighborhood.
JV Lands $110M for GA Community
Mesa West Capital provided the five-year, floating-rate loan to KKR and Carter-Haston for the off-market acquisition and stabilization of Juncture, a 560-unit property in Alpharetta.
Upscale Units Drive Rent Growth in San Jose
The metro’s affordability issues are likely to continue, since multifamily developers are focusing on high-end assets, which are more profitable than working-class units.
On Demand Webinar: New Technology to Limit Construction Fires
U.S. multifamily construction projects suffer the plague of fires during the framing phase. New technology that inhibits fire advancement and smoke production offers a remedy. Learn more on this webinar led by firefighting experts.
The May Digital Issue of MHN is Now Available!
Now you can get trend and strategy insights two different ways: Leaf through the Multi-Housing News digital digest for a quick read, or click on individual articles for an in-depth look at each of the topics that most interest you.
nVent Announces Completion of Separation from Pentair
nVent Electric plc announced the completion of its separation from Pentair plc and its launch as an independent, publicly traded company.