Regions
Campus Advantage Adds New VP
Lindsay Brown has more than 14 years of marketing and leasing experience in the student housing industry. Previously, she worked at Asset Campus Housing for nine years.
American Campus Nabs $561M Student Housing Portfolio
The seven-property portfolio includes two existing communities, two communities slated to open this fall and three projects scheduled for delivery in Fall 2018.
San Jose Mixed-Use Tower Changes Hands
HFF worked on behalf of the seller, Capri Capital Partners, to market 360 Residences, a high-rise with 213 units and ground-floor retail space.
CA Property Sold for $74M
The 163-unit mixed-use asset in Monrovia marks Sequoia Equities’ second California purchase this month. The company plans to update the community’s offerings by investing $1.4 million in an interior renovation.
Sunrise Management Recruits New VP
A 15-year industry veteran, Danielle Munoz will focus on property management for the company’s Southern California portfolio.
Economy Watch: Certain Residential Markets Overvalued
In San Francisco, real residential prices have soared 65 percent since 2012, and remain 6 percent above the national average, according to the latest UBS 2017 Global Real Estate Bubble Index.
Senior Housing M&As Outlook Strong: Capital One
According to the latest survey of more than 150 industry professionals, 43 percent anticipate an increase in activity heading into the fourth quarter of 2017.
Investcorp Procures $350M Portfolio
Consistent with the company’s strategy of investing in the South and Southwest, the six properties are located in Phoenix, Orlando and Jacksonville, Fla., and offer a combined 2,800 units.
Strong Demand Augments Twin Cities Occupancy
The metro’s healthy economic growth, low unemployment rate and strong multifamily fundamentals continue to attract investors and developers to the region.
Top 10 Manhattan Apartment Owners
Although rent increases in New York City have slowed down, demand continues to be high and investors still consider the borough a red-hot market. MHN has compiled a list of Manhattan’s top owners based on data from Yardi Matrix.