News
Boston Community Commands Record-Breaking Price
CLPF Residences at Seaport has acquired Watermark Seaport from Skanska and Twining Properties for $60 million. The deal represents the highest price paid per unit for a multifamily project in the city.
Development Predictions for 2018
Since coming aboard as managing director of Transwestern Development Company in 2013, Mark Culwell has provided oversight in the execution of the development plan for approved projects. MHN speaks to the executive about what he expects this year.
Demographic Expansion Pushes Up Demand in Dallas
Investors remain bullish, as $5 billion in multifamily assets traded in DFW last year. The recent construction surge has come at a cost, as the occupancy rate dropped by 40 basis points to 95.4 percent as of September 2017.
Top 10 Posts from 2017
Miss out on any MHN articles? Catch up with our most popular posts of the year.
Allied Orion to Manage 2 AL Properties
The Housing Authority of Birmingham District has tapped the company for Roosevelt City Apartments and Benjamin Green Village. The public-housing communities total 118 units.
JV Completes CA Workforce Housing
Orange Housing Development Corp. and C&C Development have developed Lemon Grove Apartments in Orange, which includes three four-story buildings.
Colliers Closes $27M Seattle Sale
Citywalk Apartments is a 102-unit property in the city’s Northgate neighborhood. Built in 1987, the community includes four residential buildings and a clubhouse.
Houston Embarks on Healing Process
The outlook for the multifamily sector will brighten as residents in need of housing absorb the new supply. Rents showed positive growth for the first time in more than a year.
Security, Oaktree Buy $47M Colorado Asset
The joint venture has acquired The Lodge on 84th, a 300-unit community in Federal Heights that includes three laundry facilities, dog park and 426 parking spaces.
Rich Properties Nabs FL Development
Colliers International Northeast Florida Director Bradley Coe, Managing Director Douglas Blair and Associate Director Morgan Williams brokered the sale.