News
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.
Hunt Mortgage Refinances NC Property
Alexander Pointe Apartments is a 120-unit garden-style community in Mebane that includes a swimming pool, business center, clubhouse, putting green and dog park.
Henley, Tower 16 Launch Vegas Brand
The partnership will acquire multiple multifamily assets in the coming months, targeting value-add opportunities and applying renovations under the Altura brand. The first property is slated to open this summer under the new name.
How Late-Cycle Risks Impact Multifamily Financing
In an exclusive interview, PGIM Real Estate Finance Principal Brian Salyards discusses how competition and volatility are impacting the debt market.
CAPREIT Debuts Luxury Baltimore Community
The company will manage the 103-unit Nelson Kohl, which was developed by SAA Ernst Valery Investments. Amenities include a sky lounge, dog run and fitness center.