Midwest
Dominium Completes Upgrades at Cincinnati Community
The developer, which is also the previous owner of the property, partnered with National Housing Trust to remodel all 137 units as well as the common areas.
Arbor Refinances Michigan Student Housing Community
Glenwood Apartments in East Lansing, Mich., obtained a fixed-rate loan with a 35-year term. The owner, DTN Management, purchased the student housing community in 2006.
Asset Campus Expands Management Portfolio
The company took over operations for two student housing properties totaling 551 beds. The communities serve students attending the University of Notre Dame.
IN Affordable Assisted Living Facility Lands $17M Financing
Walker & Dunlop provided the 40-year construction loan through HUD’s Low-Income Tax Credit for Oasis at 56th that will feature 51 studios and 73 one-bedroom apartments.
Marcus & Millichap Arranges Sale of Uptown Minneapolis Asset
Colfax Avenue traded for $1.4 million. GLT Partners’ Mox Gunderson, Dan Linnell, Josh Talberg and Abe Roberts acted on behalf of the seller and also secured the buyer.
Michigan Investor Buys Toledo Apartments
Jamestown Apartments 17 has obtained acquisition financing to buy the Jamestown of Toledo Apartments in Toledo, Ohio.
Emma Capital Lands $64M Indianapolis Portfolio Deal
The three properties total 849 units and represent the first purchase the company completed in this market. Renovation work will begin once the final transaction closes.
Terra Properties Nabs St. Louis-Area Community
The firm financed the acquisition of the 128-unit market-rate asset with a $510,000 Fannie Mae loan originated by Dougherty Mortgage.
8-Property ID Student Housing Portfolio Trades Hands
Marcus & Millichap secured the buyer and seller for the Rexburg properties, which are all near Brigham Young University-Idaho and include a total of 1,546 beds.
Senior/Multifamily Luxury Community Approved in Dayton
The development will provide 242 senior living and 276 multifamily units. The Grand of Sugarcreek, the retirement component, is scheduled to break ground in the third quarter of 2018.