Regions
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.
Single-Family Rentals Enter a New Phase
The single-family rental market is on the rise, and lenders getting ready to jump in, according to a panel of investors and other sector experts at the NAREE Real Estate Journalism conference.
CBC Advisors Completes 2 West Coast Multifamily Sales
The Cove at Overlake in Tooele, Utah, and student housing community The Pines, in Rexburg, Idaho, changed hands in two off-market transactions totaling 204 apartment units.
PA, NJ Portfolio Commands $34M
TNJ Properties acquired Orchard Drive Associates’ 264-unit Orchard Drive Apartments in Whitehall, Pa., and Presidential Associates’ 268-unit Presidential Court Apartments in Runnemede, N.J.
Economy Watch: Fed Sure of Economy, Raises Rates, Promises Asset Sell-Off
The Federal Reserve unanimously decided to raise rates for the second time in 2017, signaling its belief that the U.S. economy is strong enough to handle more expensive financing.
Domus Development Taps New President
Maurice Ramirez brings more than 25 years of industry experience to his new role, having contributed to the development of thousands of affordable housing units in California.
Avanath Doubles Sacramento Footprint
In a $56.5 million deal, the company has acquired an affordable housing portfolio totaling 468 units in one of the nation’s hottest markets. The properties cater to seniors, families and mixed-income renters.
Pillar Secures Co-Op Loan for DC Community
The 273-unit mid-century asset received $14 million in refinancing via a fixed-rate Fannie Mae cooperative loan with a 30-year amortization schedule.