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    The apartment community was part of the Rental Assistance Demonstration program and received a 20-year subsidy contract. The previous owner improved multiple aspects of the 1950 buildings.

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  • Apartmentalize in Atlanta! NAA CEO Bob Pinnegar Previews Education Conference

    The National Apartment Association's newly appointed CEO sat down with MHN to preview the upcoming 2017 NAA Education Conference & Exposition in Atlanta.

    16 June 2017 14:37
  • Economy Watch: Retail Sales Dip in May

    By Dees Stribling Image courtesy of Flickr Creative Commons user southareapictures. U.S. retail and food service sales dropped 0.3 percent in May compared with April, the Census Bureau reported on Wednesday. That’s the weakest monthly report for retail sales in more than a year and a half. Compared with the same month

    14 June 2017 15:55
  • Greystone Enters Michigan Market with New JV

    The new joint venture with Commercial Property Advisors will focus on providing multifamily advisory services for clients in Michigan. Cary Belovicz will lead the new organization as an executive managing director.

    21 July 2017 18:54
  • Economy Watch: HQ2 Could Raise Rents in Some Apartment Markets

    Smaller metros with lower wage growth or constrained housing stocks could see rents rise the most from the Amazon HQ2, notes a new Apartment List report.

    20 October 2017 13:55
  • JV Lands $40M Twin Cities Affordable Community

    Aeon and The Community Development Trust purchased Seasons Park Apartments, a 422-unit community in Richfield, Minn. The transaction marks Aeon’s largest acquisition and the second-largest investment for CDT.

    25 September 2017 16:58
  • PAC Buys Recently Built Virginia Community

    The company purchased Founders Village, a 247-unit community in Williamsburg, Va., and financed the acquisition using a portion of the proceeds from a 1031 exchange sale.

    05 April 2017 14:09
  • Car Sharing for Residents

    City living comes with some challenges: Cars, for one, are hard to park and store in most metro areas. Enter Maven by General Motors, a car-sharing platform that allows properties to offer premium autos for rent.

    20 July 2017 15:37
  • Grand Peaks Secures $61M Miami Development

    Soleste Club Prado, a 196-unit community in West Miami, includes a hotel-inspired pool, sundeck and private cabanas, and is already 95 percent leased.

    12 June 2017 14:02
  • Regulatory Reboot: Tax Reform, Finance Top Industry’s Policy Agenda

    During the second half of 2017, the multifamily sector will face a far-reaching set of legislative and regulatory issues—some brand new, others perennial subjects of advocacy.

    14 August 2017 08:05