Regions
Luxury Boutique Manhattan Property Lands $50M
Aview Equities’ 23-unit community underwent a multimillion-dollar revitalization in 2013, including complete renovation of the residential units, the repositioning of the retail space and upgrades to the common areas and building systems.
CBRE Arranges Portland Community Sale
Graham Taylor represented the seller, Kehoe Northwest Properties, in the $25.5 million transaction. The buyer plans to invest $1 million for common amenities upgrades.
DC Community Receives $58M Loan
Citizens Bank arranged the loan for a 295-unit, Class A apartment community located in the Brookland neighborhood, northeast of the city center.
JV Invests $1B in Student Housing Portfolio
The 24 assets, purchased by Scion Student Communities, span 20 university markets and total 13,666 beds. Twenty-two of the properties were acquired from Harrison Street Real Estate Capital.
$53M Earmarked for Bronx Senior Housing Renovations
A joint venture is refinancing Fort Schuyler House, a 138-unit development. Plans call for $15.5 million in capital repairs, and the property will preserve affordability for its residents.
Texas Investor Buys Albuquerque Community
The 456-unit community has access to several major employers, including one of six Facebook data centers currently under construction south of Duke City.
The Lindley Tops Out in MD
One of the first significant residential community additions in the Chevy Chase area in decades, EYA’s community will feature 200 units spread across 11 stories.
Retention Through Maintenance Relationships
Today’s renters want more than a skilled technician who replaces the faucet quickly—they want a skilled technician with a friendly smile. Below are some ways multifamily operators can prepare maintenance staff to build meaningful partnerships with residents.
DSF Group Acquires CT Asset
Built in 2004, the 246-unit community is located in Milford and was purchased for $50.5 million. The company plans to renovate and rebrand the property.
Home Leasing to Inject $48M in Albany Affordable Housing
The company will rehabilitate more than 200 units. Guided by the State Historic Preservation Office, the remodeling of the properties will utilize historic tax credits.