News
Housing Trust Group Completes Phase 1 of AZ Luxury Property
Aviva, in the Phoenix suburb of Mesa, includes 166 units and features a 150-foot resort-style pool, electric car stations and yoga/spin studio. Phase two will be the addition of seven more buildings that will house the remaining 159 units.
The Williams Co. Secures $18M for Knoxville Asset
The new financing package will enable the company to update the 198-unit property and pay off $16.5 million in existing debt.
WINLYND Buys TX Student Housing
The company plans to renovate Village at Lamar, a 384-bed and 96-unit property that serves students of Lamar University in Beaumont.
CA Senior Community Lands $10M in Construction Financing
Vine Ridge is an upcoming 51-unit, 42,000-square-foot assisted living community located along the Russian River in Sonoma County.
FL Assisted Living and Memory Care Center Breaks Ground
The luxury Watercrest Naples community will feature 96 assisted living and 32 memory care units, and will provide resort-style amenities to future residents.
Northeast Buyers Shift Focus to Miami
Henry Torres, president & CEO of The Astor Cos., talks to MHN about how tax reform has encouraged buyers to look south, and why Coral Gables is proving to be an attractive place for investment.
JPI to Develop Santa Clarita Community
Jefferson Vista Canyon, a 480-unit apartment community in the master-planned Vista Canyon in California, is slated for completion in 2020.
365 Connect Announces Uber Integration
The merger allows one-click ride reservations directly from the community’s website. It is also programmed to the property’s address, automatically mapping the route.
TX Property Secures $21M
Arbor Realty Trust provided a two-year adjustable bridge loan for the Breeze at Lake Barbara, a 520-unit property in Clute.
GMH Capital Partners Opens PA Upscale Asset
The Pendleton at Cranberry Woods is 25 minutes north of downtown Pittsburgh and offers 320 units.