News
Mixed-Income Asset Coming to Minneapolis
Dougherty Mortgage has closed $42.8 million for Prospect Park Properties and Timberland Partners’ Green on Fourth, a 243-unit community located in the Prospect Park neighborhood.
HFF Arranges Refinancing for TX Community
Working on behalf of Chappell Hill Investment Group Inc., the firm secured a 10-year, fixed-rate loan for Chappell Oaks in Belton.
LDG Secures $38M for Baton Rouge Affordable Housing
Capital One Community Finance and Louisiana Housing Corp. facilitated the financing for Meadows at Nicholson, a 204-unit development.
Supply Moderates Rent Growth in Nashville
The lack of affordable units and record deliveries are dampening growth, although healthy fundamentals and the potential for economic improvement are drawing developers and investors alike.
Dougherty Secures Dallas Acquisition Loan
The company closed on the 12-year Fannie Mae financing in partnership with Old Capital Lending. The 106-unit garden-style community sits less than one mile from Interstate 35E.
Economy Watch: More Adults Now Share Living Space
While the Great Recession brought an initial uptick in shared living arrangements, the trend has continued to grow nearly a decade later, according to a recent Pew Research report.
Dougherty Arranges $14M Refi for MN Senior Community
Rosemount Senior Living at Steeple Center is located within a 35-minute drive south of downtown Minneapolis and comprises 92 independent, assisted living and memory care units.
JVM Snaps Up 138-Unit Downtown KC Community
The investment and property management firm acquired Apex on Quality Hill, a luxury asset in Missouri’s largest city. The company also owns and manages Apex’s sister property, located one block away.
Multifamily Design, Color Trends for 2018
Multi-Housing News spoke with Jacqui McCowan of Sherwin-Williams to discuss how to design universally in order to appeal to renters of all generations.
Greystar, Henderson Park Plan World’s Tallest Modular Towers in London
The community will include 44-story and 38-story towers with a total of 550 units. Construction of the project in the city’s Croydon neighborhood is slated to start in 2019.