News
KWK Architects Designs $105M MN Student Housing Renovation
The company is updating the University of Minnesota’s historic Pioneer Hall, including adding beds, and providing meetings spaces and a technology center.
TMG Arranges Sale of CA Community
United Development Group traded Casa Del Sol Apartments, a 205-unit community in Bakersfield, to a San Fernando Valley-based private investor.
Carroll Organization, PGIM Real Estate Acquire 4-Property Portfolio in FL
The portfolio includes the 292-unit Bella Vista at Boca Del Mar in Boca Raton; 466-unit Centro at Davie; and 466-unit Savannah Lakes and 264-unit Stonybrook Apartments, both in Boynton Beach.
AZ Senior Community Receives $17M Freddie Mac Refi
Built in 2016, the Phoenix-area American Orchards community offers 38 assisted living and 35 memory care units in two separate buildings.
Organized Living Presents Innovative Storage Solutions
The company has introduced a full range of products for senior housing, student housing and multifamily communities, as well as hotels, to allow residents to build their own custom closets.
Middleburg Management Taps New President
Duane Wooldridge brings approximately 15 years of operational experience to the organization and will oversee the firm’s property management portfolio.
Sponsored Post: The Top Resident Complaints and How to Respond to Them
Any good property manager knows that keeping residents happy is priority #1. But inevitably, resident complaints will happen. SOCi is aiming not only to help property managers identify these grievances but to teach them effective response.
Prism Picks Up KC Community
The property consists of 54 three-bedroom townhome units, each containing an attached garage and more than 1,500 square feet of living space.
HFF Secures $34M Loan for Denver Asset
Managing Director Josh Simon and Director Kristian Lichtenfels worked on behalf of the borrower to arrange the seven-year loan secured through Freddie Mac’s CME program.
As Interest Rates Rise, Where Do Valuations and Transaction Volumes Go?
Despite increasing capital costs, investment activity remains strong and growing in some secondary and tertiary markets, as investors reach further outside their traditional comfort zones to secure yield.