News
Poll: Sustainability Financing
MHN has a new poll! We want to know how you will be financing sustainability efforts at your communities.
WA Affordable Community Changes Hands for $19M
The 164-unit College Glen Apartments is an affordable community located in Thurston County, an area experiencing one of the highest rent growths in the region.
Phase 2 of Multigenerational Community Opens in MO
The Estoria features short-term recovery, rehabilitation and skilled nursing facilities in 60 residential suites. The rehab center is part of the 17-acre Norterre development, located roughly 17 miles of downtown Kansas City.
Harbor Goup Sells $25M MD Community
Annen Woods is located near the Baltimore Beltway and includes 131 units across 11 three-story buildings. The new owner is planning to upgrade 90 apartments and several common-area amenities.
Praedium Group Snags Minneapolis Community
Maverick North Loop Apartments comprises 168 units across two buildings and 5,095 square feet of ground-floor retail, half of which is currently leased to Starbucks.
JV to Open Sacramento Student Housing
GMH Capital Partners and AGC Equity Partners are developing The Academy on 65th, which will serve students at California State University. The 305-bed community will feature bike storage, covered parking and a motion studio.
Tishman Speyer to Develop 480-Unit Brooklyn Tower
The luxury community 11 Hoyt, the company’s first ground-up New York City condo project, will feature 190 floorplans and on-site parking.
TX Portfolio Sells for $317M
Institutional Property Advisors has facilitated the sale of 12 multifamily properties across the state totaling 3,699 units.
Top 10 Apartment Owners in Richmond
After lagging the nation for most of 2017, rent growth in the city started rebounding last December. Upscale demand is driven by large commitments made by tech companies in the area, bringing in new multifamily construction.
Berkeley Point Provides $19M for FL Property
Bridgewater Place Apartments in Oakland Park includes 312 units, a fitness center, a swimming pool and energy-efficient appliances.