Prominence
In Case You Missed It: MHN’s Top 5 Posts in June
Miss out on any of our articles? Catch up with five of our most popular posts for the month.
Construction Surge Stalls Rent Growth in Nashville
The metro’s multifamily market is expanding, bolstered by last year’s historically high levels of completions, which are pushing down occupancy, while limiting rent gains.
Weitz Co. Completes Phase I of Fort Des Moines Adaptive Reuse
Blackbird Investments’ property, which was the site of the training of the first African American officers commissioned into the U.S. Army, will include 142 units when completed.
Related, Rockpoint to Launch $2B Value-Add Program
The partnership will concentrate primarily on the Florida market but will also search for opportunities within other successful metros, including Atlanta, Phoenix and Dallas.
Greystar-Led Fund to Acquire EdR for $4.6B
Blackstone also factored into the deal, forming a joint venture with GEdR to purchase approximately 10,500 beds across 20 assets for $1.2 billion.
2018 NAA Conference Coverage
Speakers at the 2018 National Apartment Association’s Apartmentalize tackled hot topics including affordable housing, marketing, the apartment demand, credit scores, cybersecurity and more.
JV Completes Phase II of NJ Luxury Tower
SJP Properties, Northwestern Mutual Life Insurance Co. and PGIM Real Estate have finished work on The Modern in Fort Lee, which comprises 900 units and a bowling alley, an arcade room and an infinity pool.
The Great Outdoors?
What do your residents think of your outdoor amenities and activities? MHN and Kingsley Associates partnered to find out.
PCCP, Insight Property Acquire $132M VA Community
Oakwood Falls Church comprises 576 units across four buildings and offers residents access to a 15,000-square-foot clubhouse, an on-site convenience store and a hot tub.
Top 10 Largest Multifamily Conversions in the Pacific Northwest
The area recorded a high number of adaptive reuse projects that transformed hotels into affordable multifamily communities, breathing new life into historic buildings. Some of the structures served military purposes during World War II.