News

‘What Renters Want’ with Jessica Fiur: Appealing to Renters Who Are Parents

It’s Mother’s Day this weekend! Speaking of mothers, a lot of your residents are probably parents. So it might be worth it to make your community more kid and baby friendly.

NRP Group Sells 288-unit San Antonio Luxury Community

The NRP Group LLC announced that it has sold the luxury community Belleza at Cresta Bella Apartments in San Antonio to Illinois-based REIT, Inland, which purchased the community for an undisclosed price. CBRE brokered the transaction of the 98-percent leased community.

AMCAL, TRI Point Homes Break Ground on OC Affordable Housing

Ground has been broken on Oceana Apartments, a multifamily affordable housing development in the Orange County ocean-side city of Huntington Beach, Calif.

American Micro Detection Systems Adds Urban Meters & Readers Inc.

American Micro Detection Systems Inc announced that their water analysis products REXTM and ToxicAlertTM will now be marketed and sold through Urban Meters & Readers, Inc. serving the Southern California region of the United States.

New Projects Easing San Francisco Residential Inventory Woes

A number of new condominium developments slated for delivery this year may do much to address the residential inventory crunch the Golden Gate city is experiencing.

Economy Watch: Seniors Housing Builders More Optimistic

The state of the housing market’s been getting some worried attention lately but the National Association of Home Builders offered a small but hopeful note.

FRHI Announces Seven-Hotel Expansion in the MEAI Region

The MEAI region is set to see the development of seven new hotels operated by FRHI Hotels & Resorts, the company recently announced at the Arabian Travel Market.

TODAY’S DEALS: Newly Built San Antonio Property Trades Hands

The NPR Group sells a 300-unit asset in Houston to Pensam Capital; Carroll Organization and The Carlyle Group complete a Houston apartment disposition; and GFI fetches $175k per unit for a 53-unit apartment building in the Bronx, N.Y.

White-Hot Tech Sector and Highest Construction Pace in Years Propel San Francisco’s Strong Rental Market

Embraced as the largest bastion of innovation and tech, the San Francisco Bay Area has seen its profile shoot through the roof in recent years, due to the increased activity of companies that have chosen to call Northern California their home.

How Southern Land Company Broke Nashville Multifamily Sales Records

Southern Land Company recently rocked the Nashville real estate market with the $95.1 million sale of Elliston 23 Apartments, a mixed-use luxury multifamily development. MHN asked Southern Land Company’s VP of mixed-use development Michael L. McNally, Jr. what the sale means for the company and for the white-hot apartment market of Nashville, TN.