Regions
Vegas Senior Living Community Trades for $19M
CBRE provided the buyer, ConAm Group, with acquisition financing for the purchase of the 113-unit, Class B asset located in Henderson.
Essex Realty Group Brokers Chicago Community Deal
The buyer paid $5.4 million for a 41-unit building in Logan Square neighborhood. Doug Imber, Kate Varde, Clay Maxfield, Jim Darrow, Jordan Gottlieb and Jordan Multack facilitated the sale.
NY Student Housing Asset Changes Hands
The community serves students attending Binghamton University and includes units raging from one- to six-bedrooms. Vesper Holdings acquired the asset.
TREP, Round Hill Eye Germany for Student Housing Investments
The two firms teamed up to acquire and renovate 13 student housing assets in nine German cities. Expansion plans include new development.
Brooklyn Mixed-Income Tower Lands $178M Loan
Completed in 2018, the 26-story community received the new financing through the New York State Housing Finance Agency’s 80/20 Housing Program. Rose Associates and Benenson Capital Partners are the developers.
JV Buys $365M Community in LA
The 350-unit property in the Westwood neighborhood also features 50,000 square feet of retail space. The acquisition was financed by a $160 million loan.
Smart Tech is the Smart Choice for Multifamily
Industry experts from Pinnacle Property Management Services, BH Management Services and Yardi Systems discuss how the Internet of Things is changing the industry.
Woda Delivers OH Adaptive-Reuse Project
The project at 43 Town Square in Lima emerged from the former First National Bank & Trust Building and provides 47 apartments for mixed-income families.
Bellwether Enterprise Arranges $10M for Affordable Virginia Asset
The company’s Senior Vice President of the Alabama office, Jon Killough, arranged the financing on behalf of LEDIC Realty, for Willow View Townhomes in Staunton.
Changes to HUD’s REAC Scoring System
At the National Apartment Association’s Apartmentalize conference in Denver, panelists discussed key federal legislative regulatory issues impacting affordable housing.