Regions
Economy Watch: The Least Expensive Apartment Markets
When comparing rent to income, the Southeast and Southwest regions of the U.S. tend to house the most affordable U.S. apartment markets, according to a new CBRE Research report.
Cordish Tops Off $120M MO High Rise
Scheduled to open in 2018, the 296-unit Two Light is the second new construction high-rise apartment building in downtown Kansas City in the last 50 years.
TX Developer Starts Work on CA Student Housing
Fountain Residential Partners broke ground on the 174-bed Campus Walk community in Chico, Calif. The property will serve the students of California State University-Chico and Butte College.
Denver Gateway Park Apartments Changes Hands
Gateway Park Apartments consists of 328 units ranging in size from 705 to 1,177 square feet. The property is situated near downtown Denver and Denver International Airport.
SALT Cooks Up Luxury Living
The company has completed a $100 million community in downtown Salt Lake City. Greystar is managing the 493-unit property, which features a sports club, heated spas and a yoga and spin room.
JLL Arranges 430-Unit Vegas Sale
Monogram Realty Trust sold Veritas Apartments in a transaction completed by JLL Vice Presidents John Cunningham and Charles Steele. Farnam Realty acquired the asset.
PB Bell, Gilbane Start Work on Phoenix Project
The joint venture broke ground on resort-style apartments in the Ocotillo master-planned community in Chandler, Ariz. Arista at Ocotillo will feature 211 units and reflects the Santa Barbara style of design.
Poll: Renewable Energy
MHN has a new poll! We want to know if any of the communities you invest in, manage or represent use on-site renewable energy.
Berkadia Leads Sale of 192-Bed Kansas Community
The company arranged the $6.9 million sale on behalf of the seller. The 84-unit student housing property services Butler Community College.
Seattle Mixed-Use Project Lands $80M Refi
The more than 183,000-square-foot development comprises a 158-key hotel and a 93-unit community. Proceeds are being used to pay off the existing construction loan.