Regions

Orange County Community Trades for $17M

California Landmark Group bought the 86-unit property built in 1973 from a private investor. This is the company’s first Orange County acquisition.

Sturdy DC

Washington, D.C.’s multifamily market is experiencing strong fundamentals, including robust employment, healthy population gains and record-breaking rental rates, per-unit prices and median home values.

Douglas Lyons, Pearlmark

The Era of Flexible Lenders

In this exclusive Q&A, industry insiders discuss how the limited lending market has helped flexible investors and debt funds become an essential part of the capital stack for real estate acquisitions and particularly developments.

PAC Lands 242-Unit Louisville Community

The company financed the acquisition by assuming a mortgage loan insured by the U.S. Department of Housing and Urban Development.

Fifield Begins Construction on Largest Tower in Chicago

A joint venture with F&F Realty broke ground on 727 West Madison, a 44-story, 492-unit luxury community with more than 10,000 square feet of retail space, in the West Loop.

MHN’s Top 5 April 2017 Articles

Miss out on any MHN stories in April? Here are five of our most popular articles for the month, including the top 10 apartment owners in Los Angeles and the status of Chicago development.

Greystone Closes $82M in Refinance, Acquisition Loans

The company secured two financing agreements under the Fannie Mae DUS Small Loan program for four multifamily properties in Long Island and Queens.

Financing Affordable Communities in NY

James Dittbrenner, managing director at Sterling Bank, discusses the process behind a bank’s decision to finance affordable housing projects such as the Newburgh CORe Neighborhood Revitalization in Orange County, N.Y.

Witkoff’s 150 Charles Street Awarded LEED Gold

Cook + Fox Architects collaborated with Alan Wanzenberg Design to retain the masonry façade of the original structure and add 10 four-story townhouse units, 33,000 square feet of green space and numerous high-end amenities.

TruAmerica Buys Denver Community for $53M

The company partnered with Magnolia Real Estate Fund to acquire the 287-unit asset. The companies will implement a renovation plan which will include improvements to common, interior and outdoor areas.