News
TSB Realty Arranges Sale of Buffalo-Area Student Housing
The 192-unit property, located near the University at Buffalo, was built in 2016 and comprises more than 600 beds. The buyer is a Chinese private equity fund.
Eyzenberg & Co. Arranges Financing for Chicagoland Community
The owner, a joint venture between Auerbach Funds and Sinatra & Co. Real Estate, will use the money to pay off initial acquisition loan and continue renovation work.
Dominium Completes Upgrades at Cincinnati Community
The developer, which is also the previous owner of the property, partnered with National Housing Trust to remodel all 137 units as well as the common areas.
Arbor Refinances Michigan Student Housing Community
Glenwood Apartments in East Lansing, Mich., obtained a fixed-rate loan with a 35-year term. The owner, DTN Management, purchased the student housing community in 2006.
WNC Completes Reno, Expansion of Louisiana Community
The company rehabilitated all the units of an affordable property in Arcadia and built 25 additional apartments. Construction work took roughly nine months to complete.
NYC-Area Post Acute Care Center Opens
Atrium Post Acute Care of Livingston can accommodate a total of 144 patients. The facility offers therapy and fitness space, as well as a NeuroGym and a mineral wellness spa.
Asset Campus Expands Management Portfolio
The company took over operations for two student housing properties totaling 551 beds. The communities serve students attending the University of Notre Dame.
Security Properties Nabs $59M Phoenix Community
The company plans to upgrade Pavilions on Central, which includes 254 units and a spa, a fitness center and 400 parking spots.
Waterstone MFG Arranges $6M Sale of NC Asset
The 32-acre property served as Coast Guard housing prior to being auctioned off by the government. A developer acquired it for $2.5 million in 2016 and implemented thorough renovations.
Halstead Management Names New President
Leslie Bogen Winkler, formerly the firm’s executive vice president, will bring more than 40 years of residential management experience to the role.