News

Cabot Crossing Apartments, Lowell, Mass.

CBRE/New England Arranges Financing for 252-Unit Property Near Boston

The 252-unit Cabot Crossing, owned by Taurus Investment Holdings and PhilMor Real Estate Investments, was built in 1986 and last traded hands mid-2013 for $20.25 million.

Campus Edge

Preiss Acquires 546-Bed Student Housing Community in North Carolina

Campus Edge was acquired by Raleigh-based The Preiss Co. in joint venture with a private investment group.

Jefferson Apartment Group Acquires Somerset Park Apartments

Built in 2007, Somerset Park Apartments features 108 units in a mix of one- and two-bedroom apartments and two-bedroom loft-style townhomes.

Sponsored Post: AIM 2016 to Focus on Improving Prospect and Resident Experiences

AIM 2016 The X Experience, which will be held May 2-4 at the Hyatt Regency Resort and Spa in Huntington Beach, Calif., will address a number of emerging topics in a way that provides attendees with a robust list of actionable information so they can create truly outstanding experiences for both apartment prospects and current residents.

MHN’s Top 5 March Articles

Miss out on any MHN articles in March? Here are five of our most popular articles for the month.

On the Market: This Week’s 5 Most Interesting CRE Listings

Check out this week’s most interesting CRE listings across the country.

Economy Watch: Fed Minutes Reflect Central Bank Caution (Or Timidity)

The Federal Reserve released the Minutes of the Federal Open Market Committee.

Cedar Grove Capital, ROSS Take Over Chesterfield Apartments

Cedar Grove Capital has acquired Chesterfield Apartments in Winston-Salem, N.C., tapping ROSS Management Services to manage the property and help upgrade the community.

Affordable Housing Program Expands in Chicago’s River North

The Habitat Company has extended the affordable housing program of a 384-unit community.

Village Green Hills Apartments

Champion Buys Village Green Hills Apartments in Nashville

An 82-unit multifamily community in Nashville was sold for $22.5 million to Los Angeles-based Champion Real Estate Co.