Regions
Bellwether Enterprise Arranges $10M for Affordable Virginia Asset
The company’s Senior Vice President of the Alabama office, Jon Killough, arranged the financing on behalf of LEDIC Realty, for Willow View Townhomes in Staunton.
Changes to HUD’s REAC Scoring System
At the National Apartment Association’s Apartmentalize conference in Denver, panelists discussed key federal legislative regulatory issues impacting affordable housing.
Leveraging Resident Feedback to Enhance NOI
Can net operating income be significantly improved with good customer service? Property managers and owners explored that compelling topic last week at the National Apartment Association’s Apartmentalize conference in Denver.
Queens Multifamily Report – Summer 2019
The borough’s rents increased just 0.6 percent year-over-year through April, partially due to New York City’s pressing affordability issues and regulatory uncertainty.
Philadelphia-Area Property Lands New Owner
HFF arranged the sale of Riverwalk at Millennium in Conshohocken, Pa., to Relative Properties and secured Freddie Mac financing for the buyer.
Affordable Community Breaks Ground Near UMass Amherst
Fountain Residential Partners and HC2 Capital are developing the 150-unit property in Sunderland, Mass., which will include 38 homes for lower-income residents. The project is located just north of the UMass Amherst campus.
Suburban Chicago Community Receives $33M Refi
The loan will help stabilize Apex 41, a luxury community in Lombard, Ill. GlenStar Properties completed the 181-unit asset two years ago.
Preparing for the Next Generation: A Look at Gen Z
Generation Z is about to flood the apartment market, so it’s important to be aware of its general attributes and preferences, explained Kate Good on a panel at NAA’s Apartmentalize in Denver.
The Annex Group Begins Work on Affordable Development in Indiana
Together with T&H Investment Properties, the company broke ground on Union at Washington, a 51-unit community reserved for low-income residents in Kokomo.
NRP Group Breaks Ground on Cleveland Affordable Housing Project
Residences at Cornerstone will bring 76 units to the Euclid-Green neighborhood. The development is part of a mixed-age community that includes Cornerstone Senior Apartments.