News
Central Florida Portfolio Commands $41M
A company related to Asia Capital Real Estate Partners of Ponte Vedra, has acquired a five-property, 735-unit, 619,972-rentable-square-foot multifamily portfolio located in Central Florida from the Focus Group for $41 million.
Special AIM Report: Key Takeaways from Day 1
Industry insiders have gathered in Southern California at the Apartment Internet Marketing Conference to dig into the trendiest best practices for multifamily marketing, including a look at smart technology and garages in communities.
Community Inside Michigan’s Cooley Stadium Move-In Ready
The three-story, 84-unit community is made up of studios, one- and two-bedroom apartments ranging in size from 548 to more than 800 square feet. Half of the apartments face the Lansing Lugnuts stadium.
ZOM to Develop Waterfront Apartments in Tampa
The company, along with Northwestern Mutual, will break ground on a 323-unit development.
CAPREIT Snags 978-Unit Virginia Apartment Portfolio
The major apartment owner and operator acquired a five-community apartment portfolio in the Richmond area, with plans to keep the units affordable.
NJ Luxury Condos Take Cues from Industrial Past
Toll Brothers City Living has completed a 12-story luxury condo building in Hoboken, N.J.
In Case You Missed It: MHN’s Top 5 Posts in April
Miss out on any MHN articles in April? Here are five of our most popular articles for the month.
Consumer Spending Growth Tiny, Consumers Seem Nervous
Without growing income, retail spending is going nowhere, so it’s reasonably good news that U.S. personal income increased $57.4 billion, or 0.4 percent, in March according to the Bureau of Economic Analysis.
Beachwold Residential Acquires 482-Unit Multifamily Portfolio with Help from HFF
HFF provided nearly $38 million in financing for the acquisition of two residential communities in Florida and Texas.
Boston Announces Plan to Ramp Up Housing Supply
The city of Boston released its housing report detailing how it will create 53,000 units of housing by 2030.