Regions

Las Vegas Monthly MHN Wrap-Up (Feb. 2020)

NNC Apartment Ventures shells out $52 million. Opportunity Zone project in the works by Meadows Mall. Catch up on February Vegas must-knows with our monthly roundup.

BH3 Sells Defaulted Mortgage on Manhattan Tower for $230M

The firm sold the non-performing loan on an 88-floor condo skyscraper in the Financial District.

Freddie Mac Insight: Housing Supply Not Meeting Rising Demand

According to the GSE’s latest report, the nation’s housing undersupply will grow worse this decade, as more Millennials and Generation Z form households.

ICYMI: MHN’s Top 5 Posts in February

Miss any of our articles? Catch up with five of our most popular posts for the month.

Top 5 Suburban Submarkets for Multifamily Transactions in Chicago

Roughly $2.7 billion in assets traded last year in the metro, with activity in suburban submarkets overtaking urban area sales by $200 million.

Renaissance Management Acquires Long Island Community for $233M

La Bonne Vie features 915 workforce housing units in the village of Patchogue.

Wallabout Realty Holdings to Break Ground on Jersey City Project

The 170-unit Parkview Apartments is expected to begin construction in the coming days and is slated for completion by the end of 2021.

Top 5 LA Submarkets for Development by Number of Units

Mostly, but not exclusively, clustered around downtown Los Angeles, the submarkets on our list are undergoing a construction boom.

Landmark Properties JV Buys California Student Housing Asset

The 2,289-bed community is subject to a 65-year ground lease held by UC Davis.

Image via Pixabay.com

NMHC’s Chair on the Multifamily Agenda for 2020

Waterton’s David Schwartz outlines six high-priority areas where the multifamily industry needs to focus.