News
Construction Begins on $150M Santa Monica Mixed-Use
Developed by Century West Partners, The Lincoln Collection will comprise 282 units within two contiguous buildings and 25,000 square feet of ground-level retail.
Hunt Mortgage Provides $31M for Phoenix Property
KB Development’s Mountain Park Apartments is a garden-style community with 240 units and offers access to the recreational facilities at the nearby Mountain Park Ranch Home Owners Association.
Student Housing Investment in 2018
Jaclyn Fitts, CBRE’s director of national student housing, spoke with MHN about the types of markets and financing sources that will be most popular for the sector this year.
On the Market: 5 Interesting Listings for the Week of 2/19
This week’s listings include two recently constructed properties in Florida and a condominium offering in Vineland, N.J., which has seen historically high occupancy rates since its delivery.
Economic Growth Pushes Up Demand in Raleigh
The area’s multifamily market had a healthy run in 2017. Favorable living and wage conditions lure many local graduates to remain within the region, expanding the Research Triangle’s economy and fueling rental demand.
TMG Brokers Sale of OC Community
The Landing, a 52-unit community in Newport Beach, Calif. changed hands for $18.5 million or $355,769 per unit. The Mogharebi Group worked on behalf of both parties.
HFF Arranges $32M in Financing for NC Community
Senior Managing Director Travis Anderson and Senior Directors Cory Fowler and Roger Edwards worked on behalf of the developer, Leon Capital Group.
San Francisco Condo Development Site Trades for Nearly $30M
The new owner plans to develop a tower containing 220 condominium units above approximately 7,000 square feet of street retail.
Peterson Opens MD Condos
Haven at National Harbor in Prince George’s County includes concierge services, a fitness center and yoga studio, and a lounge.
Cypress Real Estate Buys Development Site in TX
The company purchased the 3.8-acre site in Dallas, for the development of a four-story apartment community. Transwestern represented the seller and the buyer.