Regions
URS Capital Trades 3 Assets, Nabs 3 More
The New York-based company sold three apartment communities in South Carolina and Florida, and plans to invest in upgrading three other assets it bought during the second half of 2016.
MHN’s Top 5 December Articles
Miss out on any MHN stories in December? Here are five of our most popular articles for the month.
Las Vegas Community Changes Hands for $38M
Constructed in 2010, Spectrum consists of 14 three-story buildings situated on 9.8 acres.
Berkadia Secures $50M in Financing for Cleveland Project
The company secured the loan from Related Fund Management for the development of Centric Apartments, a 272-unit community.
American Copper Buildings Obtain $660M Financing Package
JDS Development Group and Largo Investments are developing two towers on the East River in Manhattan.
On the Market: 5 Interesting Listings for the Week of 12/26
Recent listings include rustic-inspired townhomes catering to students at Appalachian State University and a community that formerly served as Florida’s original Cuban Consulate.
Commonwealth Development Buys IN Site for Affordable Housing Project
The company is planning 35 units on the former site of a Chevrolet plant in Muncie.
Brooklyn High-Rise Trades for $154M
Completed in 2011, The Addison includes both a 26-story tower and a 15-story tower.
GracePointe Crossing Breaks Ground on $50M Expansion
The Cambridge, Minn., redevelopment includes the addition of 50 senior units and 18 assisted living memory care apartments.
Economy Watch: Apartment Supply, Rents Will Continue to Grow in 2017
Continued employment growth will buoy a strong year for the apartment industry in 2017, according to a new Berkadia market forecast.