Property Types
What Renters Want: Student Housing
At the 2011 NAA Student Housing Conference, college students from across the United States talk to MHN about what is important to them in student housing, including what they expect from property management.
New Affordable Seniors Apartments Underway in Suburban L.A.
West Covina, Calif.–Work has begun on 65 new residences at West Covina Senior Villas II, an affordable senior housing project east of Los Angeles.
Federal Home Loan Bank Awards $5.1 Million for Affordable Housing in Virginia
Atlanta–Federal Home Loan Bank of Atlanta will award $5.1 million to assist in the funding of 12 affordable housing developments in Virginia.
TODAY’S DEALS: KTGY Designed Student Housing to Break Ground at Univ. of La Verne
KTGY-designed mixed-used student housing project to break ground at La Verne Univ.; Education Realty Trusts has purchased two communities next to the Univ. of Virginia; and NorthMarq arranges $15.5M mortgage for property in San Diego.
Affordable Housing Project Springs Up in Affluent L.A. Suburb
Neighbors were not initially receptive to Mirandela, a 34-residence affordable seniors housing apartment property, but the finished product has brought nothing but accolades.
Affordable Housing Project Springs Up in Affluent L.A. Suburb
Neighbors were not initially receptive to Mirandela, a 34-residence affordable seniors housing apartment property, but the finished product has brought nothing but accolades.
TODAY’S DEALS: Senior Housing Properties Trust to Buy 20 Communities for $304M
Senior Housing Properties Trust to acquire 20 communities for $304 million; Harbor Group affiliates to buy 20 property mulifamily portfolio for $165.9 million; and Transwestern Realty funds mezz loan for new construction.
Seniors Property to Blend Historic L.A. Architecture with Modern Seniors’ Needs
Los Angeles–Parkview Living, a 75-unit affordable seniors apartment, allows the tenants to live with the amenities that modern-day seniors desire.
TODAY’S DEALS: Walker & Dunlop Closes $12.7M Refinance of Construction Loan for Texas Student Housing
Walker & Dunlop closes $12.7 million refinance of construction loan; Dolben acquires Northgate Apartments for $19.1 million; Berkadia refinances Wyoming student housing; and NorthMarq’s investment sales team arranges student housing transaction.
HUD Awards LISC $19M to Bolster Nonprofits
New York–The U.S. Department of Housing and Urban Development has awarded the Local Initiatives Support Corporation (LISC) a $19.3 million Section 4 capacity-building grant to help community-based nonprofits lead affordable housing and economic development efforts in low-income communities.