News
Arrimus Capital Acquires IA Luxury Student Housing
Stadium View, adjacent to Iowa State University in Ames, includes 197 units and 518 beds. The property is currently 99 percent leased.
Construction Begins on $30M Affordable Project in Long Island
Speonk Commons will consist of 66 units, across two development sites in Suffolk County. Several public and private entities provided funding for the project.
NYCHA Partners Up for Affordable Housing Renovations
Including these three new developer alliances, the PACT program will have updated 3,077 apartments with a total investment of $640 million.
10 Picks From the 2018 International Builders Show
In preparation for the “30 in 30: The Top Multifamily Products” panel presentation, EdR’s Jeffrey Resetco spent hours walking the show floor. MHN asked Resetco to share the thinking behind his best selections, which included Allura, Jeld-Wen, Sherwin-Williams, Schluter, Johns Manville, Carrier, Rinnai, AGS Stainless and Tio, Humidex.
Economy Watch: Amazon HQ2 to Drive Up Rents in Winner’s Market
Some markets will benefit more than others, but every location under consideration would be able to offer a rate hike—some as much as 2 percent.
Liquid Capital Buys ’60s-Vintage Atlanta Apartments
Broadway at East Atlanta includes 176 units, as well as a fitness center, pool with grilling area, dog park/play area and playground.
Sares Regis Snags $39M Seattle-Area Asset
IPA arranged the sale of Monterra in Mill Creek, a 139-unit community located north of downtown Seattle, in Snohomish County.
NXT Capital Refinances GA Property
The company has furnished a $30 million first mortgage loan to refinance a 165-unit community in Atlanta. Amenities include a coffee bar, car care facility and dog park.
Denver Mixed-Use Trades for $25M
Transwestern represented the seller, Allante Properties, in the disposition of Highland Place, which features 68 units and five retail stores.
Top Predictions for 2018
Top multifamily professionals from around the country shared their predictions for 2018 as they gathered in Orlando for the annual NMHC Apartment Strategies Outlook conference.