Regions
TruAmerica and Investcorp Team Up for Fourth Acquisition
Little Cottonwoods will be put through a capital improvements program.
Transactions: May 2016
Check out the latest sales and financing deals featured in the May issue of MHN.
HFF Lines Up $48M Acquisition Loan through Freddie Mac
Working on behalf of Abacus Capital Group, HFF arranged financing for the acquisition of The Burlington apartment community in St. Paul, Minn.
241-Unit Affordable Housing Project to Replace Former School in the Bronx
Trinity Financial and MBD Community Housing Corp. will develop the 24-story, energy efficient, mixed-use tower in the Bronx’s Mott Haven neighborhood.
Alliance Residential Names Gregory Belew Managing Director
With over two decades of experience in all phases of the development process, Belew will lead the firm’s expansion in the Northeast.
Tribeca Building with Development Potential Lands Long-Awaited New Owner
Cushman & Wakefield sold the 13-unit development for $1,064 per square foot.
Mixed-Use Development Lands in Tennessee
The new development in Nolensville Pike will feature 200 residential units and 36,000 square feet of retail space.
Bay State Multifamily Community Celebrates Grand Opening
The 210-unit Tidewater at Salisbury community saw its first residents late last year and is now ready for its official opening ceremony.
TruAmerica Makes First Foray on East Coast With MD Acquisition
The $187 million deal includes a 1,004-unit apartment portfolio.
HUD Awards $355M for Local Homeless Programs
The grants were awarded to more than 1,200 local homeless housing and service programs across the United States and Puerto Rico.