Regions
Partially Affordable Community Trades in Phoenix
In a deal orchestrated by Institutional Property Advisors, ReNUE Properties acquired Legacy Bungalows in Phoenix for 26.1 million.
NKF Originates $11M in Refinancing for Cincinnati Asset
Eleven Hundred, a Shamrock Communities property since 2015, was subject to a prior 12-year Fannie Mae loan with SunTrust Bank.
Opus Completes Chicago-Area Luxury Community
The 113-unit Ellison Apartments was developed in a joint venture with Berkshire Residential Investments.
Security Properties Expands Washington Footprint
The company now commands 5,000 units in the Puget Sound area after its purchase of Villas at Kennedy Creek in Tumwater.
Starwood Sells Denver-Area Community
JLL marketed the 222-unit apartment property in Highlands Ranch, Colo., exclusively on behalf of the seller.
World’s Tallest Residential Building Tops Out
Located on Billionaire’s Row, Extell Development’s Central Park Tower rises 1,550 feet above New York City.
Baltimore Multifamily Report – Summer 2019
Developers are moving forward with several multi-phase projects, including Howard Hughes’ Merriweather District in Columbia and Sagamore’s $5.5 billion Port Covington.
MHN Poll: Pressing Issues
MHN has a new poll! We want to know which pressing issue your company is focused on most.
Fore Property Sells Phoenix-Area Asset for $79M
The buyer financed the acquisition with a $62.2 million loan from TPG Capital. The 344-unit Summerly at Zanjero is LEED Silver certified.
Lincoln Property Names New COO
Margette Hepfner will be responsible for the company’s residential management division and executive oversight of the daily operations for the multifamily portfolio.