Regions

Asset Campus to Manage PA Student Housing

The 345-unit pet-friendly community evo at Cira Center South serves the University City Philadelphia.

Multifamily Rents Leveling Off in 2018

In an interview with MHN at the 2018 ULI Spring Meeting, USC Lusk Center for Real Estate Director Richard Green shared his insights on the state of the industry and the challenges facing the sector.

Chicago Tower Slated to Become Tallest All-Residential Building in City

Lendlease is the contractor for One Bennett Park in Streeterville, which when completed in 2019 will include 70 stories and 69 units.

Solow Building Launches Luxury NYC Condo Sales

The 43-story 685 First Ave. in Midtown East offers 148 units and a screening room, a 70-foot indoor lap pool and a children’s play room.

NJ Asset Lands $31M Loan

Capodagli Property Co. will use the construction mortgage from Sterling National Bank to build 172 units in the first phase of Meridia Brownstones in Rahway.

Mike Aiken

Fogelman Properties Hires New Acquisitions VP

Mike Aiken brings more than 12 years of experience to the firm. In his new role, he will oversee the company’s multifamily acquisitions.

1101-03 Frankford Ave.

Rittenhouse Realty Sells Again in Philly’s Fishtown

The property, originally constructed in the late 19th century, was transformed into a luxury community and features a ground-floor commercial space currently leased to Fishtown Brewery.

2 CA Properties Obtain $125M

KeyBank Real Estate Capital originated the loans for the 385-unit Paseos Apartment Homes in Montclair and the 225-unit Pier in Los Angeles.

1031 Crowdfunding Buys Portland-Area Memory Care Facility

The 48-bed Rosewood Specialty Care is located across the street from Rosewood Park, another assisted living community that Frontier Management operates.

NHI Acquires Ohio Senior Housing Portfolio for $70M

Totaling 320 units, the communities will be leased to an affiliate of Bickford Senior Living at an initial rate of 6.9 percent with annual fixed escalators and a 15-year maturity.