Regions
Aureus Property Management Taps New President
In his new role, David Hardy will be responsible for all corporate functions and service teams, as well as the company’s strategic growth.
Affordable Community in DC Changes Hands
The 80-unit Brookland Place is Wesley Housing Development’s first acquisition in the District.
MRC Finances NYC Luxury Condo Project
The $37 million loan will be used to repay existing debt and for completion of the construction and development process.
Marcus & Millichap Closes LA-Area Sale
The two-building, 48-unit multifamily asset sold for $12.5 million.
Hamilton Point Investments Buys Ohio Apartments for $27M
Troy Farms, which was developed in 2006, comprises of 41 two- and three-story buildings on 28.5 acres.
NorthMarq Arranges Loan for Cincinnati Student Housing Portfolio
The company negotiated a $4.7 million financing for an 18-property portfolio.
$18M Financing Secured for Landis Square Mixed-Use Senior Housing
Encompassing a ground-floor retail space and 71 affordable senior apartments, the structure will be three stories and offer 10 units specifically for those with special needs.
Steadfast Apartment REIT III Acquires $47M CO Property
Bristol Village is a 13-year-old, 95.8 percent-occupied community that is comprised of 10 three-story buildings with one-, two- and three-bedroom garden-style apartment homes.
Greystone Nabs $42M to Revamp Historic NYC Building
The construction financing will be used to transform the Beaux-Arts building to its original use as a luxury residence.
Economy Watch: Senior Housing Enjoys Strong Returns, But Also A Few Jitters
The senior housing sector continues to outperform other asset classes, despite decreased investor interest in the property type in the first half of 2016.