News

For Residents, Does Location Really Matter?

Does the old saying "Location, location, location" really matter to today's renters? MHN and Kingsley Associates paired up to find out what residents thing about their apartment's neighborhood.

Operations

29SC Acquires 6th Chicago Community

The asset, Wooded Isle Apartments, is located in Hyde Park, only eight miles from downtown. The community offers 75 studio, one- and two-bedroom units.

Market Rate

Inland Empire Asset Trades in 1031 Exchange

Providence Capital Group placed a non-contingent offer for the 140-unit community in Hemet, Calif., which traded for $15.5 million. Marcus & Millichap represented the seller and procured the buyer.

Market Rate

Regions

Change City

Greysteel Brokers Sale of DC Regenesis Portfolio

The five affordable properties include 482 units. Greysteel President & CEO Ari Firoozabadi, Managing Director Kyle Tangney and Senior Investment Associate Alicia Orkisz arranged the transaction.
Washington Dc 21 August 2017 17:46
Habitat Lands, Assumes Management of Chicago Asset

The multifamily developer and property manager purchased and assumed property management of Eastwood Garden, an affordable community in the Englewood neighborhood. The company will manage two other properties in the Chicago area.
Chicago 21 August 2017 17:40
Washington REIT Breaks Ground in VA

Named for its abundance of planned amenities, the Trove will be a 401-unit community in Arlington.
South 21 August 2017 17:39
DC-Area Community Trades for $129M

Located one mile east of Interstate 270, Fenestra was completed in 2008 and is part of the 1.7 million-square-foot Rockville Town Square.
Washington Dc 21 August 2017 17:33
AvalonBay Obtains $185M Refi for 3 Properties

The portfolio features 1,384 units located in Los Angeles, Calif., and in Laurel, Md. Bellwether Enterpise facilitated the loans.
Los Angeles 21 August 2017 17:28
Forge Partners Sells San Antonio Asset

JLL arranged the sale on behalf of the company. The 50-year-old, 202-unit Parker Apartment Homes presents significant value-add opportunities.
San Antonio 21 August 2017 17:25
Berkadia Completes $61M Sale of Seattle Community

Carroll’s Creek Landing is in close proximity to various shopping options including Walmart, Best Buy and Target. The 288-unit community serves as military housing.
Seattle 21 August 2017 17:19