Regions
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in March 2019 in New York City.
Senior Living Cost Growth Lags Healthcare
The median monthly price of independent living facilities inched up 2.6 percent from 2017 to 2018, while assisted living rose by 2.4 percent, according to data from A Place for Mom.
Lion Real Estate Buys Nashville Community
The nearly $21 million acquisition of the 202-unit Class B multifamily asset marks the firm’s third deal in the metro in less than one year.
SPH Expands UK Student Housing Portfolio
The Singapore-based firm, through three wholly-owned subsidiaries, added more than 1,200 beds across three properties in Southampton, Sheffield and Leeds for about $174 million.
$27M Financing Earmarked for Brooklyn Development
Madison Realty Capital provided the loan for a new 68-unit mixed-use residential building and the rehab of a two-story community next door.
Montreal Innovates in Student Housing
The affordable community uses a pioneering funding model to deliver 144 beds to undergraduates at Concordia University, with backing from the federal and city governments.
NorthMarq Capital Arranges $16M Refi for NJ Community
The 10-year Freddie Mac financing for the 227-unit Village Manor in the western Manhattan suburb of Nutley retires an existing CMBS loan.
Horizon Realty Group Welcomes Residents to Chicago Community
The 40 units on the south side of The District @ Sheridan in Edgewater are open while 40 more units are to be completed by May.
Nashville Four Seasons Project Scores $360M Financing
HFF arranged the funding on behalf of The Congress Group and AECOM Capital, developers of the 542-foot-tall tower that will feature luxury condominiums.
Tennessee Portfolio Changes Hands
Monarch Investment & Management Group purchased the five communities totaling 665 units in Jackson. The previous owner, McDowell Properties, had invested more than $3 million in capital improvements.