News
Faring Acquires Las Vegas-Area Property for $84M
The Well in Henderson, Nev., is located within a master-planned community focused on health and wellness.
Canadian JV to Pay $293M for Vancouver Portfolio
A partnership of InterRent REIT and Crestpoint Real Estate Investments is set to acquire 15 multifamily communities.
UMH Properties Acquires 1st Alabama Asset
The REIT will implement a turnaround strategy at the 195-homesite community in Dothan and infill the property with rental homes.
Tampa-Area Community Trades for $55M
GMC Properties has sold the property to a fund managed by Covenant Capital Group.
Baltimore Multifamily Report – Fall 2020
On top of consistent rent gains, improving occupancy and an uptick in deal volume rounded out an overall good year.
Domain Cos. Breaks Ground on $310M Bronx Project
Lyra will feature 544 apartments and 10,000 square feet of retail in the Mott Haven neighborhood.
Fairstead Buys Jacksonville Asset for $15M
The seller provided the new owner of the 149-unit community with $11.1 million in acquisition debt.
January Rent Collections Hit 77%: NMHC
The latest figures come on the heels of recent federal relief measures including stimulus checks, emergency rent relief and an extension of the CDC’s eviction moratorium.
Nashville Community Receives $22M Freddie Mac Refi
The note replaces a $21.7 million acquisition loan provided by Greystone in 2019.
Senior Housing Occupancy Reaches Record Low of 81%
Pandemic-related disruptions drove occupancy down by 6.8 percentage points from the first quarter of 2020.