Regions
The June Digital Issue of MHN Is Now Available!
Now you can get trend and strategy insights two different ways: Leaf through the Multi-Housing News digital digest for a quick read, or click on individual articles for an in-depth look at each of the topics that most interest you.
Baron Properties Sells Phoenix Asset for $9M
The company had owned the 68-unit community in Christown since 2016, when it acquired it for almost half the current price.
Virginia Community Lands $30M Grant
The federal funds will go toward redeveloping the 256-unit Ridley Place public housing and the surrounding neighborhood. Pennrose is the master developer of the project.
California Mixed-Use Project Lands $32M Loan
Parkview Financial provided the construction financing for a three-building development in Poway, a northern suburb of San Diego.
LMC Breaks Ground on Luxury Connecticut Community
The subsidiary of Lennar Corp. has started work on The Smyth, a 414-unit multifamily property that will rise 15 stories in central Stamford. The building is scheduled to welcome its first residents in 2021.
National Renovation Strategies to Reduce Energy Poverty in Europe
BUILD UPON, a collaborative project on building renovation with $2 million funding from the EU, moves forward with the announcement of eight pilot cities.
Screening With Tech: What You Need to Know
Yardi’s Patrick Hennessey and Equifax’s Tyler Sawyer reveal the subtleties of using cutting-edge tools and data to identify the right renters. The two also address the implications of real-time decision-making in the business.
Affordable Housing Is a National Math Problem
Financing the development and preservation of low-income units is a challenge in today’s dynamic marketplace, so private organizations are taking matters into their hands.
Transactions: June 2019
A selection of noteworthy deals announced between April 23 and May 14.
Straight Talk on Short-Term Rentals
This segment of the apartment business is growing up, but there is still a list of concerns from the industry to address. AvalonBay’s Karen Hollinger discusses the findings of the National Multi Housing Council/Kingsley Renter Preferences Report.