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    Blackpoint Management nabbed a fully entitled site approved for 90 units in Rohnert Park, Calif. Cushman & Wakefield advised Aldridge Development on the $3.6 million sale.

    16 August 2017 15:30
  • JV Acquires San Diego’s Broadstone Corsair

    Olympus Property and Artemis Real Estate Partners are rebranding the 360-unit community Olympus Corsair. It is the city's only LEED Gold-certified market-rate community.

    15 September 2017 14:54
  • Capital One Secures $551M for Sentio REIT Buyout

    The company provided two loans, a $251 million bridge loan and a $300 million Freddie Mac senior housing revolving credit facility.

    14 September 2017 17:17
  • Dallas Apartments Receive $11M Fannie Mae Financing

    Located in Waco, Texas, the 256-unit residential community received a 10-year Fannie Mae loan with a 30-year amortization schedule. Doughtery Mortgage, a conventional and affordable debt provider headquartered in Minneapolis, secured the financing on behalf of Upper Level Acquisitions II LLC, a Texas-based entity.

    10 April 2017 19:18
  • The September digital issue of MHN is now available!

    The September issue focuses on Property Management, including how to keep your residents' data safe from a cyber-attack, and a look at insurance rates with predictions on how long the market will last. Additionally, we have a column from NMHC detailing why the federal government most act on flood insurance premiums, a particularly important and relevant topic as we see firsthand the damage caused by Hurricane Harvey.

    06 September 2017 08:59
  • Rent Growth

    Rents were up 2.0% nationwide in April, down 50 basis points from March and well below the 5.5% growth rate of a year ago. The 2.0% year-over-year increase is the lowest it’s been since April 2011, when rents were up only 1.5%.

    22 May 2017 19:19
  • Meridian Secures $22M in Financing for Luxury Development

    Avery Place at Pompano will be an eight-story, Class A community with 145 luxury rental units and workplace studios ranging between 800 and 1,200 square feet.

    25 July 2017 13:06
  • Sunset Boulevard Condos Secure $21M Loan

    A joint venture obtained the financing for a new-construction condo project in the Silver Lake neighborhood of Los Angeles.

    26 July 2017 08:18
  • HFF Finances 2 Denver Communities

    Working on behalf of Mountain View Capital LLC, HFF secured the financing for Coronado Crossing and Valley Park Village. The Denver properties feature 430 units in total.

    04 August 2017 19:32
  • Economy Watch: Rents Rising in More Than Half of US

    Twenty-six states and Washington, D.C., saw rental increases during the first six months of 2017, according to a recent ABODO report. The largest average increases occured in South Carolina, Maine, Vermont and Rhode Island.

    12 July 2017 12:54