News
Top 10 Markets With the Largest Recent Rent Growth
A look at the cities with the highest percentage of rent growth over the past five years, along with their struggles and successes.
URS Capital Snags 2nd Savannah Property
The company acquired Oglethorpe Square Apartments, which was bought through a combination of Fannie Mae financing through Berkadia and 1031 proceeds.
JV Acquires $30M FL Community
ApexOne Investment Partners and Collier Cos. have secured Ocean Oaks Apartments in Volusia County. The circa 1988 property includes 37 buildings and 296 units.
Population Growth Sustains Demand in Nashville
The city is slowly diversifying its economy, venturing from reliance on the entertainment industry. In response to the growing demand, developers are ramping up construction, with more than 13,000 units underway as of July.
Read the October Digital Issue of MHN
This month focuses on Energy, including a look at programs that offer incentives in multifamily communities that could yield $3.4 billion in annual savings. Also featured is an in-depth interview with Eric Margules, founder & CEO of Margules Properties, who took his company from a one-man operation to a real estate firm with $300 million in assets.
Marcus & Millichap Arranges $13M Sale
The 53-unit community is located in the heart of Denver’s Capitol Hill neighborhood and offers a mix of studios and one- and two-bedroom units.
Audubon Communities Welcomes New VP of Construction
Josh Boling will oversee all pre-and post-acquisition construction planning and management for the firm. Prior to joining the company, he served at Fairway Construction and Cortland Partners.
TWO Capital Breaks Ground on Charlotte Suburb Community
Capital Club will be a 312-unit community in Indian Land, S.C. Patterson arranged a preferred equity investment from RSE Capital Partners as well as a construction loan from Texas Capital Bank and HomeTrust Bank.
Hanover Unveils Atlanta Luxury Apartment Community
The Hanover Company is preparing to open the doors of its upscale apartment community, a 20-story building that will also feature 12,500 square feet of ground-floor retail space.
Blackmount Picks Up Suburban Atlanta Community
The transaction marks Blackmount Real Estate Partners’ first acquisition in the Atlanta metro area. CBRE worked on behalf of the seller.