Regions
Yardi Matrix: Twin Cities, Millennial Hotspot
As an emerging Millennial hotspot boasting strong wage gains and one of the lowest unemployment rates in the country, the Minneapolis-St. Paul area is becoming increasingly attractive to multifamily investors.
NHPF Grabs Historic Hotel Covent in Chicago
The deal marks the organization’s second SRO mixed-use asset acquisition in the Windy City.
KIG Closes $19M Sale On Vintage Building in Chicago
The 160-unit property offers a mix of studio and one-bedroom floorplans, as well as 10,000 square feet of retail space.
Carrier Johnson + CULTURE-Designed Tower Planned for San Diego
The community has 10 planned uses, among them market-rate and affordable housing.
JV Brings $98M Collegiate Housing Development to Minneapolis
The Hub Minneapolis will be a 707-bed community with a mix of studios and one-, two-, three- and four-bedroom floor plans.
Champion Lands Value-Add Community in LA’s Koreatown
The company acquired The Bard Apartments, a 30-unit multifamily property, and is now planning to renovate the building.
Fath Properties Obtains $125M Refi for 10-Property Portfolio in Ohio and Texas
Six of the refinanced properties are in the greater Cincinnati/Dayton marketplace and contain 2,065 units. The remaining four properties are located in Texas and consist of 1,273 units.
On the Market: 5 Interesting Listings for the Week of 12/5
This week’s listings include a Mediterranean-style town home community and an Indianapolis property located on a 60-acre lake.
FCP Sells 5-Community Portfolio for $328M
The private equity investment firm divested 2,490 units in the Washington, D.C., suburbs.