Regions
Suburban Indianapolis Property Sells for $61M
A BHI Senior Living affiliate acquired the community through a bankruptcy sale process. Cushman & Wakefield’s Allen McMurtry, David Kliewer and Paul Carr assisted the seller.
Podcast: The Unstoppable Demand for Multifamily
Jeff Daniels of Institutional Property Advisors discusses the demographic and economic trends that keep apartments at the top of investors’ wish lists. But all is not rosy; he also addresses the sector’s significant challenges.
Boston-Area Community Breaks Ground
Mill Creek Residential is developing Modera Marshfield, a 248-unit residential community in Marshfield, Mass.
Maryland Community Sells for $46M
Transwestern Commercial Services represented the seller in its disposition of Ashton Heights in Prince George’s County.
New Trim System Speeds up Window Installs
The product features a high-performing, thin-line frame for high energy efficiency and maximum viewable glass.
Marcus & Millichap Names New Executive Director
Following the promotion, Eric Bell, who has been with the company for 25 years, will become the only active agent in the firm’s Chicagoland offices to hold this position.
California Passes Statewide Rent Control
A bill that caps annual rent increases to 5 percent passed the state legislature and is expected to be signed into law by Governor Newsom.
Affordable Passive House Community Breaks Ground in NYC
The 152-unit building in the South Bronx is reserved for formerly homeless and low-income seniors.
Mill Creek Breaks Ground on Florida, California Projects
The multifamily firm has started work on two communities totaling 526 units in Tampa and Oakland.
Villagio Senior Living Selects New Management
Cappella Living Solutions was tapped to manage properties in Texas, Oklahoma and Colorado.