Regions
Inspirit Nabs 2 PA Senior Living Facilities
The Palmerton and The Willow are the latest additions to an extensive new regional network planned by the company. Additionally, Inspirit intends to renovate both assets.
Sales Velocity Ramps Up at Brooklyn Waterfront Condos
The Austin Nichols House is making a splash in the highly sought-after neighborhood of Williamsburg, in Brooklyn, N.Y., where sales have accelerated, despite the impending shutdown of the L subway line, which connects the locale to Manhattan.
Pathfinder Acquires $16M Senior Housing
The company formed a joint venture with Denver-based Hillcrest Development Group to purchase Shalom Park Senior Living Campus. Pathfinder will implement a $3 million renovation plan and will rebrand the property as V-Esprit.
NEI Begins Construction on Newest TOD in MA
The six-story development will be adjacent to the Beverly Depot commuter train station. The 112 Rantoul St. team includes women-owned businesses Barnat Development, ICON Architecture and McDermott Ventures.
Berkadia Leads Sale of 528-Unit St. Louis Community
Lipton Group sold the three-building Pheasant Run community, located near downtown St. Louis. The average rental rate was $882 as of May.
10 Markets with the Greatest Occupancy Loss
Supply growth is outpacing demand in many areas, causing a decrease in occupancy rates. Here is a list of the 10 markets with the greatest loss in occupancy year-over-year as of April 2017.
Maplewood Senior Living Breaks Ground on $270M NYC Community
The 215-unit development featuring assisted living, enhanced care and memory care introduces the company’s Inspir brand, which was created to deliver a new option for older adults seeking senior residences.
Apartmentalize in Atlanta! NAA CEO Bob Pinnegar Previews Education Conference
The National Apartment Association’s newly appointed CEO sat down with MHN to preview the upcoming 2017 NAA Education Conference & Exposition in Atlanta.
Strategic Properties Buys Condos, Plans Deconversion
The company purchased the 207-unit Bel Harbour building in Chicago for $51.5 million, the largest bulk sale in the city to date.