News
Venture West Closes $51M Refi
The company has arranged the loan for two properties, totaling 120 units in Los Angeles. The loan was secured through Banc of California.
Vesper Buys 560-Bed FL Community
The student housing acquisition marks Vesper’s second in the USF market. The property offers a mix of two- and four-bedroom units.
Inland Group Lands $50M NC Community
Inland Real Estate Acquisitions closed the purchase of a 304-unit community in Knightdale, N.C. Senior Vice President Mark Cosenza completed the deal with assistance from Brett Smith, assistant vice president & associate counsel of The Inland Real Estate Group.
CO Apartments Command $58M
Nick Steele, senior associate, and Jacob Steele, first vice president of investments, at Marcus & Millichap represented the buyer of Vistas at Jackson Creek, a 267-unit luxury apartment building in Monument.
ABI Facilitates Sale of AZ Community
The 46-unit community is situated near major employment centers, as well as several schools in Mesa, Ariz. ABI brokered the transaction on behalf of the buyer.
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.