David Summerfield

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  • Construction Begins on Cleveland Affordable Housing

    Detroit Shoreway Community Development Organization is starting work on Aspen Place, a development in the Cleveland EcoVillage. The company plans to achieve a near-50 percent reduction in energy demand compared to minimum requirements.

    30 August 2017 08:26
  • Alamo Heights Community Changes Hands for $37M

    The new owners intend to rebrand the property and invest in extensive renovations that will include both interior and exterior upgrades.

    28 July 2017 16:46
  • Security Properties Expands Its Seattle Portfolio

    Together with Intercontinental, the company purchased the five-story building located near Seattle’s Central Business District. The average rental rate was $1,493 as of May.

    12 June 2017 16:53
  • Poll: Renewable Energy

    MHN has a new poll! We want to know if any of the communities you invest in, manage or represent use on-site renewable energy.

    09 August 2017 08:05
  • Denver Workforce Housing Commands $53M

    Oak Coast Properties acquired the majority interest in the 384-unit Villas on 76th, increasing its hold in the area to 3,000 units.

    25 September 2017 16:28
  • Thrive Acquires 2 Senior Housing Properties, Launches Sister Firm

    The acquisition expanded the company’s senior housing portfolio to four assets, which drove the firm to launch a new division—TFP Senior Living—headed by Anthony Fulco.

    27 September 2017 15:41
  • JPI Lands $132M for Jefferson Stadium Park Phase II

    The project is part of a three-phase, master-planned development in Anaheim's Platinum Triangle. The property will feature 1,079 luxury apartment homes, a 1.1-acre public park, as well as 14,600 square feet of retail.

    31 May 2017 15:08
  • Get Ready, Multifamily, It’s Time for Generation Z

    With each new generation we face the challenge of blending what is important to the current generations we serve while simultaneously renewing our physical product and supporting services to attract and appeal to the new generation coming of age.

    09 October 2017 14:10
  • Las Vegas Luxury Property Sells for $63M

    Green Leaf Capital Partners acquired Volare Apartment Homes, a garden-style, Class A property. As of May 2017, the community was 91 percent occupied.

    05 July 2017 16:24
  • Sponsored Content: Adding Value Through Comprehensive Resident Risk Management

    Increased understanding of resident risk identifies important opportunities for apartment owners and managers. New research pioneered by JA Milan and Associates and CoreLogic® Rental Property Solutions demonstrates the relationship between resident quality scores and renters insurance liability losses.

    18 September 2017 18:03