Regions
Northern Virginia Student Housing Conversion Gets New Management
Marymount University acquired the 267-unit multifamily asset for $95 million in early 2019.
Student Housing Sector Braces for Tough Times
Demographic headwinds and oversupply are creating headaches for the asset class, according to panelists at NAA’s CampusConnex conference.
The Future of Multifamily Investment
A recent report from Integra Realty Resources cites continued optimism for the apartment sector as rent growth and investor interest are expected to increase.
Suburban Phoenix Apartments Sell for $27M
Citibank provided the buyer of the 144-unit Class A multifamily asset with nearly $19 million in acquisition financing.
Brooklyn Multifamily Development Tops Out
The BRP Cos. is developing the 255-unit, mixed-income Caton Flats project in the Flatbush neighborhood.
NorthRock JV Acquires Phoenix Community for $55M
Berkadia provided the buyer of the 376-unit multifamily asset with a $39 million, 10-year Fannie Mae acquisition loan.
OC Ventures Acquires $62M Student Housing Portfolio
The portfolio’s new owner took two Fannie Mae loans totaling $44 million to finance the acquisition.
Compass Health Breaks Ground on $26M Regional Center
The first phase of the Broadway Campus redevelopment project in Everett, Wash., will provide behavioral health care, primary health care and permanent supportive housing services.
NAHB Forecasts Promising 2020 for Development
The positive apartment sector outlook was presented at IBS during Design + Construction Week.
Amherst, Front Yard Residential to Merge in $2.3B Deal
Amherst will acquire Front Yard in a transaction that is expected to close in the second quarter of 2020.