Regions
Aeon Acquires MN Affordable Community
The purchase of the 118 apartment homes in Little Canada was a joint venture which also included the NOAH Impact Fund of Greater Minnesota Housing Fund.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in May 2018 in New York City.
3 Creative Collaborations Driving the Business of Design
For 50 years NeoCon has been influencing workplace design through new product introductions. This year saw many new and strategic partnerships.
NexMetro Sells First Phoenix-Area Community
Avilla Palm is a hybrid development, with the physical separation and private backyards of single-family homes and the centralized management of multifamily assets.
Multifamily Community With 753 Units Trades in Indianapolis
Shamrock Communities sold The Cottages of Fall Creek to Pepper Pike Capital Partners. The new ownership will make a significant capital investment in the asset.
Resident Credit Scores Improve: TransUnion
The company found a year-over-year increase. Not only has employment continued to bolster the apartment market but wages, especially in growth sectors such as technology and professional services, have shown signs of growth.
Cornerstone Arranges $14M for MA Asset
Langley Terrace in Newton currently comprises three buildings and one two-family home, which will be leveled in order to construct a three-story apartment asset. Construction is scheduled for completion by June 2019.
Cordish Cos. Completes $120M MO Community
The company launched the 296-unit Two Light, the second new construction high-rise apartment building in downtown Kansas City.
Value-Add Virginia Beach Property Trades for $52M
Seminole Trail Properties has purchased Mariner’s Cove, a 458-unit garden-style community situated within walking distance of two shopping centers.
Tucson Community Gets $19M Refi
Berkadia Managing Director Ed Kim arranged the 10-year loan—which includes five years of interest-only payments at a 75 percent loan-to-value ratio—for the garden-style property.