News
440-Foot Tower Proposed for Seattle
By Alex Girda, Associate Editor Seattle city planners have recently been forwarded plans for a brand-new 440-foot tower that would be developed at the corner of Second Avenue and Stewart Street. With permit applications yet to be filed, there are no major details on the project. However, The Seattle Times has released a number of […]
Fountain Residential Partners Breaks Ground on Second Luxury Student Housing Community
Fountain Residential Partners has broken ground on LoftVue, a student housing facility near Texas Christian University in Fort Worth, Texas. This will be their second student community in the area.
Greystar Announces New Managing Director of Development for Student Living Portfolio
Greystar recently announce the hiring of Lance Hanna as managing director of development for its student living portfolio.
TODAY'S DEALS: ARA Sells 430-Unit Asset in Maryland
ARA sells a Class A asset on behalf of a JV; HFF lands acquisition financing for a Houston asset; and Grandbridge finances a $20.7 million, three-year, bridge loan.
Portland Apartment Market Still Favors Landlords
Portland might not have the best local economy among markets its size, but it does have a certain ‘je ne sais quoi’ that attracts young people interested in the lifestyle that the city has to offer, according to the most recent report on Portland’s apartment market by investment property specialist Marcus & Millichap.
MHN Interview: Michael Daniels, CEO, Cagan Management Group
MHN interviews Michael Daniels, CPM, CEO of Cagan Management Group.
Behringer Harvard Starts Construction on Delray Beach Luxury Development
Construction has begun on a 180-unit luxury apartment community in Delray Beach, Fla., Behringer Harvard announced recently.
Economy Watch: State Unemployment Inches Upward
The Bureau of Labor Statistics reported on Friday—and got more attention than usual for it, because of the upcoming election—that regional and state unemployment rates were generally little changed or slightly higher month-over-month in July.
TODAY'S DEALS: Passco Buys 240-Unit Asset in South Carolina
Passco Companies buys a Class A asset; Behringer Harvard acquires a Dallas site for a joint venture development; and NorthMarq Capital arranges a $23.5 million refinance loan.
MHN Interview: CEO of CDT Discusses the State of Capital for Affordable Housing
The Community Development Trust recently was awarded $1.45 million from the Community Development Institutions Fund (CDIF) to preserve affordable housing. MHN talks to Joe Reilly, president and CEO of CDT about this award, as well as the state of capital for affordable housing across the country.