News
Standard Communities Enters New Jersey With Atlantic City Buy
With a total capitalization of $38 million, the deal extends the senior housing community’s affordability for another three decades.
Shopoff Realty Investments Buys Illinois MHC Portfolio
Totaling 611 lots, this is the company’s second manufactured housing acquisition in recent years.
How In-Migration Shielded Tampa’s Multifamily Market
Pandemic-induced relocations to smaller cities have supported Tampa’s rental market in the past year, say experts from The Multifamily Firm. Here’s what they expect now for Florida’s West Coast.
Marketing Manufactured Housing Communities During the Pandemic
Valerie Lombardi of Ascentia Real Estate shares strategies for working in unprecedented conditions and changing the misconceptions about MHCs.
Inland Empire Community Commands $88M
MG Properties Group financed the acquisition with a $57.2 million loan originated by CBRE Capital Markets.
Top 5 Markets for Occupancy Growth
While the nationwide occupancy rate was down 30 basis points year-over-year through February, these five metros saw upticks of as much as 330 basis points, Yardi Matrix reports.
Apartment Market Shows Signs of a Rebound: NMHC
Increasing sales volume compared to the last quarter is just one of the encouraging signals, according to the organization’s latest survey.
Waypoint Sells Jacksonville Apartments for $66M
The buyer financed the 301-unit Class A acquisition with a $36.4 million loan from KeyBank.
South Florida Luxury Project Breaks Ground
Related’s two-tower community in West Palm Beach is set for completion in late 2022.
Miami Senior Housing Project Lands $42M Loan
BHI Healthcare Group secured two notes to finance the 201-unit luxury development in Richmond Heights.