Regions
Affordable Community to Replace Former MA Mill
MassHousing closed on $17.1 million in financing for the development of a 102-unit affordable housing community in Lawrence, involving the preservation of a former industrial property and remediation of a brownfield site.
Lighthouse Grabs $13M Nashville Community
The 14-building property sits within five miles of downtown and offers a range of one-, two- and three-bedroom units. SVN | AVAT Realty Senior Advisor Andrew Agee brokered the deal.
American, British Firms Partner to Develop Student Housing
Harrison Street Real Estate Capital and Crossland Property Group will develop four projects totaling 1,267 beds in regional U.K. university cities.
Bosch Reveals New Black Stainless-Steel Kitchen Suite
Featuring a full set of nine appliances, the new Invented for Life product line encourages customers to give the kitchen a distinctively personal touch.
Demand Pushes Twin Cities’ Occupancy to Top
Although investor appetite is high, deliveries haven’t kept up with demand. Roughly 6,700 units were underway late last year, mostly targeting high-income residents.
MHN’s Top 5 January Articles
Miss out on any MHN stories in January? Here are five of our most popular articles for the month.
Berkadia Secures $37M Financing for WA Community
Senior Director Rob Affleck arranged the construction loan for the project, slated for completion in 2019, through a HUD program.
HFF Closes $20M Sale of Delaware Portfolio
The adjacent Alder Park and Pine Grove apartment communities in Dover, Del., are located roughly 83 miles from central Philadelphia and comprise a total of 311 units.
Supply Surge Dampens Rent Growth in Kansas City
The metro continues to attract large employers and consolidate its status as a destination for travel and investment. However, the multifamily development boom has led to a rent growth slowdown.
JV Secures $707M for Student Housing Portfolio
Walker & Dunlop structured a Fannie Mae credit facility with a mix of fixed- and floating-rate loans for the joint venture’s purchase of 24 student housing properties.