Regions
Affordable Housing Coming to Portland
The 88,000-square-foot project will include 203 units and nearly 30,000 square feet of ground-floor retail space. The Oregon community is slated to open in 2019.
Pathway to Living Acquires MI Senior Housing
Elmcroft of Kentwood in Kentwood includes 69 assisted living and 12 memory care units. The company will undertake a capital improvement program that will include upgrading interiors and adding additional spaces to support a wellness-focused lifestyle for residents.
2018 MBA CREF/Multifamily Housing Conference Coverage
Mortgage Bankers Association members convened in San Diego to learn and network at the CREF/Multifamily Housing Convention & Expo. Read our 2018 coverage below.
Hunt Provides $19M for Tucson Property
About 65 percent of residents living at The Ledges at West Campus are students. The community, which provides immediate access to three college campuses, is set to undergo further upgrades.
JV Acquires $200M AZ Development
Optima and Principal Real Estate Investors have procured phases I and II of Optima Sonoran Village Scottsdale. The partnership plans to develop phase III, which will feature a seven-story tower offering 176 apartment homes.
Inland Buys Suburban Denver Apartments
Ashford East 88, a 322-unit property in Thornton, Colo., includes an indoor/outdoor swimming pool, a dog park and a playground.
Chicago’s Hartman Building Lands $45M Financing
Walker & Dunlop arranged the construction loan through HUD. The funds will go into turning the office building into a multifamily property.
Levin Johnston Brokers Sale of 2-Property Portfolio
Belview Heights and Casa Belview in Belmont, Calif., traded for approximately $27 million. The firm represented both parties in the transaction.
NorthMarq Capital Arranges $20M for St. Louis Community
Hibernia Apartments, a 100-unit property, includes a 16,000-square-foot ground-floor retail space that will be filled by a grocery store.
On the Market: 4 Interesting Listings for 2/12
This week’s listings include two renovated downtown Baltimore historic buildings and a downtown Portland property that has never been on the market since it was constructed in 1949.