Regions
Security Properties Snags $81M OR Community
In a joint venture with Cigna Investment Management, the company purchased Arbor Heights, a 348-unit Class A garden-style community. This purchase marks the partners’ fourth acquisition.
CO Asset Commands $96M
Oak Coast Properties has acquired Aurora Hills Apartments, a 47-building, 300-unit apartment community in Aurora. This represents the company’s seventh acquisition in the Denver metro.
SoCal Investor Snaps Up Value-Add Phoenix Apartments
MIG Real Estate has acquired the 1999-built Bayside Apartments, a 176-unit community that includes 22 two-story buildings.
Delivering on the Promise of a Healthy Home
Residents are now demanding better information about the environmental health standards inside their homes. Erin Hatcher of AMLI Residential shares how developers can use environmental performance statistics to drive rentals.
AZ, NC Senior Housing Lands $50M
Greystone arranged the construction financing for the assets, which will comprise a total of 386 units.
TAWANI Develops Chicago Asset
Located in the city’s Rogers Park neighborhood, the building will feature 45 apartments across five stories, as well as three floors utilized for parking.
5 Multifamily Development Trends Shaping 2018
Dan Doyle, senior vice president of development at The Beach Co., offers his take on the key areas shaping the industry in the coming year, including renter segmentation, community engagement and customer service.
ROSS Acquires 210-Unit MD Community
Located in Towson, Md., Versailles Apartments features a car wash, 24-hour emergency maintenance and a playground.
Henley USA Acquires Queens Apartments for $23M
The company plans to renovate the 56-unit property in Jackson Heights, including upgrades to the heating systems and updating common areas.
Economy Watch: Apartment Market Fundamentals Beginning to Shift
The U.S. homeownership rate appears to have stopped falling after more than a decade of declines, according to a recent Apartment List Rentonomics report, which is likely to have implications for multifamily rental properties.