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  • CIM Sells Manhattan Luxury Tower for $80M

    A joint venture purchased the 110-unit Madison Park Tower, a onetime hotel, using a $65 million acquisition loan from affiliates of Square Mile Capital Management.

    04 October 2017 16:13
  • Unveiled: Wilmette’s First New Rental Property in a Decade

    M&R Development and Globe Corp. developed the new Residences of Wilmette, in Wilmette, Ill. The community was built to achieve LEED Silver certification and is located within commuting distance to Chicago.

    09 October 2017 15:20
  • Houlihan Lawrence Adds to C-Suite

    The 130-year-old company has announced the promotion of Anne Marie Gianutsos to CMO and the appointment of Nicholas Fears as CFO of the company’s corporate management team, headquartered in Rye, N.Y.

    11 July 2017 16:20
  • San Diego Apartments Snag $38M Refi

    KeyBank Real Estate Capital arranged the financing, 12-year term, seven-year interest only period and a 30-year amortization schedule for the 255-unit Stonewood Garden Apartment Homes.

    27 April 2017 19:16
  • Boston Investor Buys CA Portfolio

    Rockpoint Group, in a joint venture with Strategic Housing Partners, has acquired 500 units in Torrance, Calif., with plans to upgrade the apartments.

    07 July 2017 08:42
  • Security Properties Expands in Seattle

    The company acquired a Bellevue, Wash., community for $28 million. The building offers studio, penthouses, one- and two-bedroom units. Madrona Ridge Residential will manage the property.

    29 June 2017 16:43
  • Luxury Multifamily Asset Changes Hands in NC

    Autumn Woods is two miles from UNC Chapel Hill Campus and features a wide array of community amenities including a resort-inspired pool and 24-hour fitness center.

    26 July 2017 13:58
  • Sheraton Steamboat Resort Converting to Timeshare Villas

    First Finish Inc. is transforming 198 rooms into 112 villas. The project is underway and is slated for delivery by the end of the year.

    23 June 2017 12:32
  • 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