News
Rent Growth Continues in Sacramento
California’s capital city again led the nation in multifamily rent growth in 2017. This year, a surge of 1,100 new apartments is poised to push rates up by a more moderate 7.2 percent.
CBRE Provides $14M for Historic Cincinnati Asset
The company closed the refinancing of The Reserve at 4th and Race, an 88-unit community in the CBD. Mark Tran, senior vice president of CBRE Columbus, originated the loan.
2018 Multifamily Trends: Learning from Homeownership Demand
In a candid exchange with MHN, Jay Lybik, vice president of research services for IPA, a division of Marcus & Millichap, detailed what’s driving the sector’s growth.
Hamilton Zanze Snags 518-Unit CT Portfolio for $63M
The two communities located in the Westlake District of Middletown, Conn., changed hands in a deal brokered by IPA.
MWest Holdings to Renovate Historic LA Apartments
The company and GreenOak Real Estate have acquired the 132-unit Santa Fe Lofts, a historic Beaux Arts-style building in the Gallery Row District.
Multifamily a Force in San Marcos Growth
As Austin, Texas, grows more popular, costly and traffic-packed, more and more home buyers and renters as well as employers have shifted their focus to nearby San Marcos.
MHN’s Top 5 March Posts
Miss out on any MHN stories? Here are five of our most popular articles for the month.
Atlanta Asset Trades For $58M
Broadtree Residential acquired Stone Ridge at Vinings, a 440-unit community that includes a business center, a clubhouse and tennis courts.
JEMCOR Breaks Ground on $60M CA Property
The 171-unit Ageno Apartments is part of the larger Vineyard Crossing, a 34.5-acre master-planned community comprising 465 single-family homes, townhomes and apartments.
High Rents Drive Move to Fringes in San Francisco
The city’s booming economy, fueled by its education and health services sector, is upholding a healthy housing demand.