Property Types
NHI Acquires Ohio Senior Housing Portfolio for $70M
Totaling 320 units, the communities will be leased to an affiliate of Bickford Senior Living at an initial rate of 6.9 percent with annual fixed escalators and a 15-year maturity.
Bridge Multifamily, Freddie Mac Team Up for Affordable Housing Initiative
Freddie Mac will purchase and aggregate up to $500 million in loans over a one-year period, allowing Bridge to acquire, improve and preserve workforce and affordable housing across the U.S.
Garden-Style Community Changes Hands in CT
HFF brokered the sale of Gull Harbor, an 80-unit community in New London that is part of a fractured condo property.
Partnership Begins Work on Denver Affordable Housing Project
Gorman & Co., UnitedHealthcare and its partners have broken ground on The Elisabetta, a $27 million development that will include 12,500 square feet of commercial space.
Bainbridge Opens 200-Unit Luxury Community in Raleigh
Bainbridge Lake Crabtree is situated in Morrisville, N.C., within minutes of Research Triangle Park, and features a mix of one-, two- and three-bedroom floorplans.
Baron Properties, Buchanan Street Sell $44M Phoenix Community
Vue Park West, which the joint venture acquired in 2014 for $30 million, is situated within the 250,000-square-foot Park West mixed-use development.
Rincon Partners Buys $22M Community in Phoenix
Previous ownership implemented a thorough renovation program in 2015. The asset traded at almost four times the original purchase price.
DIJ Properties Enters Arizona Market
The company plans to implement a large renovation program for the 1987-built community to unlock value for investors and improve the residents’ living conditions.
On the Market: 5 Interesting Listings for the Week of 4/30
This week’s listings include a newly renovated age-restricted community in Vegas and a turnkey asset in central Richmond, Va.
$56M Brooklyn Affordable Housing Opens
Built on a former parking lot, CAMBA Housing Ventures’ 101-unit community was designed to achieve LEED Gold certification.