Regions
Hunt Capital Partners, Pennrose Expand Affordable Housing Project
The companies have secured $4.5 million in financing to build 55 senior living units as part of the second phase of the Residences at Glenarden Hills development in Lanham, Md.
Phoenix Asset Trades for $58M
PrivatePortfolio Group purchased the newly built Circa Central Avenue with acquisition financing originated by Nationwide Life Insurance Co.
Washington, D.C., Multifamily Report – Fall 2019
Multifamily rents in the metro have picked up since June 2019, after several years of below-trend growth caused a supply surplus.
Morgan Properties Buys Pittsburgh Apartments for $29M
CBRE Capital Markets provided more than $20 million in acquisition financing through Freddie Mac.
Cooper Street Capital Sells Albuquerque Community
The investor traded the 105-unit multifamily asset after less than 18 months of ownership. The property was almost fully occupied as of December.
CBRE: Multifamily Market Benefiting From Student Debt
A recent study found ongoing college debt levels are delaying home buying, resulting in young adults remaining in multifamily housing longer than previous generations.
Colliers Closes Colorado Springs Value-Add Sale
Bill Morkes and Craig Stack represented the seller of the 200-unit community.
Hamilton Zanze Buys Luxury Virginia Asset
The new owner of the nearly 200-unit, Class A community plans to invest in unit updates and sustainability initiatives.
Senior Community Opens Near Philadelphia
Capitol Seniors Housing developed the $28.4 million assisted living and memory care facility in Mount Laurel, N.J.
Kiser Group Closes $18M Multifamily Portfolio Deal
The transaction marked the largest deal by sale price closed in Chicago’s South Shore in 15 years.