Regions
TODAY’S DEALS: Kennedy Wilson Acquires Portland Asset for $29.5M
Kennedy Wilson buys a 198-unit community in Portland, Ore.; Red Capital Markets deploys a $6 million bond for an affordable development in Ohio; and NorthMarq Capital arranges a $14.3 million construction/mini perm loan.
Student Housing Under Way in Georgia
Work is under way on Forum at Statesboro, a new-construction, 780-bed student housing project by Parkland Development Corp. The property will provide units to students at Georgia Southern University in Statesboro.
MHN INTERVIEW: Former HUD Secretary Henry Cisneros on the Bipartisan Housing Commission
MHN talks with Henry Cisneros, a former HUD Secretary and current chairman of CityView, about the goals of the newly launched Housing Commission and his projections for the future of the industry.
Unique Affordable Housing Project for Formerly Homeless and Incarcerated Women Gets Funding
Formerly homeless and incarcerated women and their families have few options for affordable housing, but a group of private and public organizations has come together to develop the $9.4 million Hour Apartment III to help address the problem.
$100M Manhattan Apartment Project in the Works
Manhattan renters are growing hungrier for accommodations, and Multi-Employer Property Trust is ready to help satiate their appetite.
Property Auction Proves Successful Strategy for Luxury Condominiums
Armada Hoffler, a commercial development and construction company, and Accelerated Marketing Partners (AMP), a residential real estate firm, recently sold a large number of luxury condominiums on auction.
TODAY’S DEALS: Waterton Residential Continues Buying Spree with Austin Purchase
Waterton Residential acquires a 288-unit community in Austin; MEPT and Bentall Kennedy announce a Manhattan development; and NorthMarq Capital arranges a $21 million, three-year bridge loan with interest-only.
MHN PROFILE: PostGradApartments
PostGradApartments connects recent college graduates with housing, and it is on the lookout to partner with apartment companies.
Upper West Side Rental Renovation Complete
The renovation of 163 West 80th Street, a five-story residential brownstone on the Upper West Side of Manhattan, has been completed by DelShah Capital LLC.
California Affordable Housing Developer Builds Hope
AMCAL Multi-Housing, Inc., a developer of affordable housing, is celebrating the success of its inaugural street fair and fundraiser designed to deliver support services and life-changing opportunities to residents.