News
HFF Secures $35M Sale of Orlando Community
Epoch Residential sold the 181,276-square-foot community, which features one-, two and three-bedroom apartment units. The new owner intends to upgrade the property’s amenities and services.
Economy: Senior Housing Returns Beat Most Property Types
Third-quarter 2017 investment returns for NCREIF-reported senior housing assets bested all property types, except for one, according to the National Investment Center for Seniors Housing & Care.
Investor Demand for South Florida Multifamily Brisk Again in ’17
This year there have been 198 multifamily sales in the area valued at a total of nearly $3.6 billion, according to a report by Cushman & Wakefield.
Design, Technology & Service to Dazzle Renters
New and innovative products in the multifamily market represent the latest design trends in the sector, as well as the priorities of today’s residents.
Read the December Digital Issue of MHN
With a focus on the Year in Review, the December issue offers a variety of valuable insights.
Construction Begins on Denver Senior Community
Avenida Lakewood, designed by KTGY Architecture + Planning and developed by Avenida Partners, will feature 230 units and is slated for completion in spring 2019.
FCP Grabs $45M GA Property
Federal Capital Partners has acquired the 446-unit, garden-style Stratford Ridge in the Atlanta suburb of Marietta. This represents the company’s fifth investment in the area.
Meridian Secures Financing for 24-Building Dallas Community
Seth Grossman and Sarah Kuebler of Meridian Capital Group arranged a $20.5 million loan for the 288-unit Dallas multifamily property.
Transformation of MD Neighborhood Underway
The Bozzuto Group and EYA are opening the Daley at Shady Grove Metro, part of the revitalization of Westside at Shady Grove Metro in Rockville, a 90-acre redevelopment through a public-private partnership with Montgomery County.
Tucson Asset Trades for $23M
Institutional Property Advisors arranged the sale of the 205-unit community, which received substantial upgrades from the previous owner and will undergo further improvements by the new owner.