News

The Praedium Group Acquires TX Community

Located in the Dallas-Fort Worth suburb of Grapevine, the 291-unit Terrawood comprises one- to three-bedroom apartments and amenities such as a salt water pool and glass-encased conference center.

Collier Cos. Sells Tampa Bay Community for $30M

Marcus & Millichap worked on behalf of the seller in the disposition of Lakeside Apartment Homes, a 228-unit asset in Brandon, Fla.

Lighthouse Grabs $13M Nashville Community

The 14-building property sits within five miles of downtown and offers a range of one-, two- and three-bedroom units. SVN | AVAT Realty Senior Advisor Andrew Agee brokered the deal.

American, British Firms Partner to Develop Student Housing

Harrison Street Real Estate Capital and Crossland Property Group will develop four projects totaling 1,267 beds in regional U.K. university cities.

Bosch Reveals New Black Stainless-Steel Kitchen Suite

Featuring a full set of nine appliances, the new Invented for Life product line encourages customers to give the kitchen a distinctively personal touch.

Demand Pushes Twin Cities’ Occupancy to Top

Although investor appetite is high, deliveries haven’t kept up with demand. Roughly 6,700 units were underway late last year, mostly targeting high-income residents.

MHN’s Top 5 January Articles

Miss out on any MHN stories in January? Here are five of our most popular articles for the month.

Berkadia Secures $37M Financing for WA Community

Senior Director Rob Affleck arranged the construction loan for the project, slated for completion in 2019, through a HUD program.

HFF Closes $20M Sale of Delaware Portfolio

The adjacent Alder Park and Pine Grove apartment communities in Dover, Del., are located roughly 83 miles from central Philadelphia and comprise a total of 311 units.

Supply Surge Dampens Rent Growth in Kansas City

The metro continues to attract large employers and consolidate its status as a destination for travel and investment. However, the multifamily development boom has led to a rent growth slowdown.