News
Renters’ Choice: Thanks a Lot!
This month MHN pairs up with Kingsley Associates to see what residents most appreciate about their communities.
TruAmerica, Investcorp JV Executes 5th Acquisition
The investment managers purchased the L.A.-adjacent, 552-unit apartment community for $92 million, their fifth and largest joint venture transaction in two years.
First Urban Town Center Development Breaks Ground in Leland, NC
The $32 million development will include a 309-unit community and 30,000 square feet of retail space.
24-Acre Live/Work/Play Campus Coming to SoCal
The community will consist of 660 luxury residences, 255,000 square feet of creative office space and numerous dining and retail options.
Economy Watch: No Interest Rate Hike (No Surprise)
The Federal Open Market Committee didn’t raise interest rates at its meeting
Marcus & Millichap Lends a Hand in Tampa
The 100-unit multifamily property changed hands for $6.4 million.
Product Spotlight: Tesla’s Solar Roof
Tesla’s new solar roof is composed of tiles whose photovoltaic components are invisible from afar.
HCP to Sell Portfolio of Brookdale Communities for $1B
The transactions are expected to close in various stages by the end of 2017.
Ironworks at Keystone in Indianapolis Undergoes Management Transition
Buckingham Cos. successfully ended the asset stabilization agreement for Hendricks Commercial’s mixed-use development.
Latham Square in Downtown Oakland Trades for $47M
The deal was on an all-cash basis, with San Francisco-based Ridge Capital Investors and Greenwich, Conn.-based Contrarian Capital Management as the sellers.