Regions

MHN July 2022 Issue

The July Digital Issue of MHN Is Now Available!

Don’t miss fresh insights into this month’s featured topics.

Northwestern Sells East Bay Senior Housing for $39M

JLL Capital Markets brokered the sale of the 2007-built community in Brentwood, Calif.

Breeden Co. to Develop Richmond Apartments

Completion of the project is scheduled for spring of 2024.

Most Developers Facing Construction Delays: NMHC

The organization’s latest survey shows 83 percent of delays were due to permits.

Street view of Bel Air Estates

Sun Communities Buys Southern California MHC for $18M

HARRI5 brokered the sale of Bel Air Estates, an over 55 community in Menifee.

Mixed-Income Community Opens in San Diego

The 102-unit Valencia Pointe is some 3 miles northeast of National City.

New Empire Corp. Buys Land for Queens Condo Project

The project will add 120 units in the Woodside area.

Kittle Property Group Lands $74M for Columbus-Area Affordable Community

KeyBank provided the financing for the 260-unit project, which is scheduled for delivery by September 2024.

The Growing Cost of Capital for Multifamily Development

Inflation, supply chain issues and Fed actions are creating financing challenges, but robust demand keeps multifamily sponsors enthusiastic.

The Benefits of Helping Renters Build Credit

Reporting positive rent payments to credit bureaus can be a powerful tool for boosting resident satisfaction, collections and retention rates.