Prominence
TX Developer Starts Work on CA Student Housing
Fountain Residential Partners broke ground on the 174-bed Campus Walk community in Chico, Calif. The property will serve the students of California State University-Chico and Butte College.
Poll: Renewable Energy
MHN has a new poll! We want to know if any of the communities you invest in, manage or represent use on-site renewable energy.
Why Stories Deliver and Statistics Don’t
Shawn Reynolds, director of training at Morgan Communities, shared tips on increasing engagement and retention, speaking at the recent 2017 NAA Education Conference and Exposition.
$300M Miami Beach Condos Top Out
A joint venture’s 425-unit development, The Harbour, reached new heights as its two towers hit 32 stories, seven higher than the original plan called for.
Mid-Year Update 2017 Is Now Available!
We’re pleased to present the 2017 Mid-Year Update, a special publication of Multi-Housing News and Commercial Property Executive.
JV Snags $90M DC-Area Portfolio
Besyata Investment Group and The Scharf Group purchased The Communities at Arbor Vista in the Washington, D.C., submarket of Adelphi, Md. The partnership plans to modernize both the amenities and units.
Supply Influx Moderates Austin Gains
The Texas capital’s economy is strong and its population is booming, but a high volume of new supply is keeping the lid on rent growth. As of May, rents in the metro were flat compared to a 1.5 percent year-over-year national uptick.
WinnCos. Eyes $19M Rehab for NJ Affordable Community
The firm plans to make significant interior and exterior upgrades to the newly acquired Bridgeton Villas Apartments, a 156-unit community in Bridgeton, N.J.
PAC to Invest $18M in Atlanta Development
Preferred Apartment Communities also has the option to purchase the 258-unit property in Lindbergh at a discounted price, following the asset’s stabilization.
RXR to Develop 28-Story Mixed-Use Towers in New Rochelle
Anchors of the New York City suburb’s $4 billion redevelopment plan, the two high-rises will comprise about 700 units between them. City officials are eyeing up to 12 million square feet of new construction.