News
Park and Shore Tops Out in NJ
Upon completion, Strategic Capital’s two-building luxury development will bring a total of 429 units to the Jersey City market, marking the Newport neighborhood’s first waterfront condominium in 10 years.
The April Digital Issue of MHN is Now Available!
Now you can get trend and strategy insights two different ways: Leaf through the Multi-Housing News digital digest for a quick read; or Click on individual articles below for an in-depth look at each of the topics that most interest you.
Waypoint Residential Buys 194-Bed GA Community
The 146-unit student housing property serves those attending Mercer University and includes 12,000 square feet of retail and a 3,800-square-foot clubhouse.
On the Market: 4 Interesting Listings for the Week of 3/26
This week’s listings include a 100 percent-occupied luxury community in downtown Baltimore, student housing near Philadelphia’s universities and a recently renovated value-add opportunity in Columbus, Ohio.
Highpointe Communities to Open TX Luxury Apartments
The company is planning an 835-unit master-planned community in San Marcos that is scheduled to open in 2019. The development will feature a school, a public park land, five private neighborhood parks, and an amenity center.
FCP Snaps Up Charlotte Asset for $60M
The Reserve at Providence is a 574-unit garden-style community that includes a dog park, a picnic area and three pools.
American Landmark, Electra America Acquire Tampa Community
The companies purchased Waters Edge, which will be rebranded as WestEnd at 76Ten and undergo more than $1.5 million in renovations.
Forest City Trades Brooklyn Property for $156M
Principal Global Investors acquired 461 Dean, a 363-unit community—50 units of which are affordable—that opened in late 2016.
Demand, Supply Still Sky High in Miami
The city’s multifamily market displays solid fundamentals and a diverse economic profile, although it remains challenged by a substantial amount of new supply.
Portland Luxury Community Opens Doors
Mill Creek’s Modera Belmont broke ground in May 2016 and features 200 units and more than 10,000 square feet of retail space.