Property Types
MARKET SNAPSHOT: Chicago Sees Largest Payroll Expansion Since Financial Crisis
The Chicago metro area added 35,000 non-farm jobs in the last 12 months, indicating that employment in the nation’s third-most populous city is seeing a comeback.
TODAY’S DEALS: EdR Completes $20.9M Acquisition in Michigan
EdR picks up an asset in Michigan; Capital Senior Living buys eight communities for $72.9 million; and NorthMarq employs a Freddie Mac early-rate lock for $20.6 million refinance.
Ground Broken on New Workforce Housing in Brea, Calif.
Construction is underway on Birch Hills Apartment Homes, the newest workforce housing community to come to Brea, Calif.
SRP Medical and Frontier Management Announce New Assisted-Living Facility
SRP Medical and Frontier Management have unveiled plans for a new seniors housing property in the southwest part of Fort Worth, Texas. The facility will include 105 residences with assisted living and memory-care services.
Luxury Atlanta Community Draws Attention from Renters
Midtown Atlanta’s tallest residential high-rise, The Atlantic, is attracting a lot of interest from potential renters. The community is the third acquisition of Class-A Atlanta real estate for Crescent Heights.
Fort Worth Housing Authority to Develop 18 Affordable Housing Units
The Fort Worth Housing Authority is restoring a historic building located east of downtown Fort Worth and combining it with new construction to create 18 affordable housing units to be called the Knights of Pythias Lofts.
MHN TV: Luxury Extended Stay
Larry Korman, president of AKA, takes MHN on a tour of two luxury extended stay properties in New York—AKA Sutton Place and AKA United Nations. The AKA brand bridges the gap between luxury hotel and a luxury apartment offerings, and features some truly amazing amenities suited for those staying for a few weeks to a few months.
Funding in Place for Massachusetts Affordable Property
Funding is falling into place for Tri-Town Landing, Phase II, a 33-unit affordable development in Lunenburg.
TODAY’S DEALS: Distressed Miami Property to See New Life with $20M Redevelopment
A $20 million affordable redevelopment breaks ground in Miami; Bridge Partners buys a 352-unit asset; and Mesa West Capital provides $21 million in acquisition financing.
TRANSCRIPT: Facebook Chat with John Picerne, CEO of the Corvias Group and Picerne Military Housing
The transcript from MHN Facebook chat with John Picerne, CEO of the Corvias Group and Picerne Military Housing.