Regions
JV Secures $130M Senior Loan for Minneapolis Condos
Provident Real Estate Ventures and Shamrock Properties Inc. will develop The Legacy, a 374‐unit property that will include an eight‐story podium with a 14‐story and a 17‐story tower, along with three levels of subterranean parking.
Boston Affordable Housing Gets $14M Renovation
LIHC Investment Group and Weston Associates received financing that will keep the 380-unit Shore Plaza Apartments affordable for the next 20 years.
Bellwether Enterprise Closes $51M Refi
The company arranged the refinancing of Alley 111, a 12-story apartment building offering a mix of studios, one- and two-bedroom units, along with 4,000 square feet of retail space.
CIM Group Reaches Construction Milestone in DTLA
888 S. Hope—a 34-story apartment tower featuring 525 units, 6,000 square feet of ground-floor retail space and a public pocket park—is scheduled for delivery in mid-2018.
IRET Buys in Hot Twin Cities Market
The company acquired the 500-unit Park Place in Plymouth, Minn., for $92.3 million. The community consists of four apartment buildings and is currently more than 95 percent occupied.
Catering to All Ages With the Right Amenities
Today’s renters are looking to enhance their renting experience by finding communities that are the right fit. Brent Kohere of Morgan Properties describes the amenities that appeal to residents of different generations.
The Evolution of Lead Generation
Ways to capture the attention of prospective renters and the evolution of generating leads continue to change. Beth Tuttle of LMC offers some ideas on the current state of lead generation in the multifamily industry.
Bellevue Breaks Decade-Long Hiatus with Ground Breaking
Vancouver-based Bosa Development’s One88 is a 21-story tower with 143 luxury units. Bosa spent a considerable amount of time developing a special product for the market.
Sagora Senior Living Breaks Ground on First CA Community
The 14-acre campus will feature independent living, assisted living and memory care apartments. The Rocklin, Calif., asset will be the company’s 29th retirement community.
Stepp Facilitates Record-Breaking LA Sale
The sale of Atwater Avenue Apartments achieved the highest price per unit and price per square foot ever paid for comparable properties in LA submarket Atwater Village.