Regions
Northbridge Breaks Ground on Assisted Living Community
The Northbridge Companies, an assisted living communities developer, recently announced the groundbreaking of Stonebridge at Burlington, a 110-unit assisted living and memory care community.
High Rise Means Higher Profile for Windy City University
The new vertical campus of Chicago’s Roosevelt University promises to give the Loop-based institution higher visibility on the Windy City higher education scene.
Could Obama’s New Mortgage Plan Solve the Housing Crisis?
Could the changes to the Home Affordable Refinance Plan be the solution to the housing crisis–and economic recession–that we’ve been looking for?
Affordable Seniors Housing Property Wins $1.1M Grant for Rehab
Denton Green Housing, a 113-unit apartment property for low-income seniors in Long Island, will soon get a much-needed makeover now that the property has won a grant from New York State Homes and Community Renewal.
TODAY’S DEALS: JV Breaks Ground on Luxury Tower
Fifield Companies, Wood Partners break ground on a 34-story luxury community in Chicago; Praedium Group, Chartwell Holdings buy a community in Florida for $32 million; and NorthMarq arranges a $28.5 million mortgage for a Class A apartment property.
Affordable Seniors Developer Launches New Website Targeting Its Market
Searching online for market-rate apartments to rent is the norm these days, and ANHC believes that seniors are also picking up on this trend.
MHN Interview: Jon Gollinger on How to Successfully Auction Real Estate
Accelerated Marketing Partners’ CEO Jon Gollinger gives his company’s strategies for a successful property auction.
Renters Pose Slightly Higher Credit Risk in Third Quarter, Says CoreLogic
Amid job growth in the current weak economy that’s only keeping up with population growth, rental applicant credit quality was down a bit between the second quarter of this year and the third.
TODAY’S DEALS: ARA Brokers $85M Sale of Seniors Housing Community
ARA brokers the sale of a 350-unit seniors housing community in Naples, Fla.; Western National buys a luxury apartment community for $95.4 million; and Cohen Financial helps restucture and extend a distressed apartment CMBS loan.
Boston Capital Invests in Virginia Affordable Housing
Boston Capital has announced it is investing in the construction of a new 42-unit multifamily development in Petersburg, Va.