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    The company worked on behalf of the seller, an Orlando-based private group, for the 80-unit property sale. The community was 97.5 percent occupied as of May.

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  • Covenant Buys $30M Indianapolis Community

    Columns of Castleton was 99.5 percent occupied as of June. The company plans to implement a $4.7 million plan for renovating unit interiors and upgrading amenities.

    02 August 2017 15:39
  • 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
  • NY Launches $20B Affordable Housing Initiative

    The five-year plan was created to combat homelessness and proposes $10 billion to create and preserve more than 110,000 units across the state, including 12,000 units is designed through the newly enacted "Affordable New York" program.

    25 May 2017 16:55
  • Do You Have the Amenities Residents Actually Want?

    According to a report by NAA, these are the top community-wide amenities that renters are looking for. And you probably already have them.

    25 April 2017 18:02
  • Carrfour Secures Grant to House Homeless Vets

    The not-for-profit affordable housing developer received the financing from The Home Depot Foundation's Veteran Housing Grants Program to fund Liberty Village in Miami's Liberty City neighborhood.

    21 July 2017 14:19
  • Covenant Sells 272-Unit Atlanta Asset for $32M

    The deal continues the Atlanta market momentum for Covenant Capital Group, following the company’s sale of the 500-unit Viera Briarcliff in June for $76 million. Mike Kemether and Travis Presnell of Cushman & Wakefield worked on behalf of StoneBridge Investments, the seller, while Elliott Throne, Gregg Shapiro and Ware Shipman of HFF secured acquisition financing.

    03 August 2017 18:22
  • Preiss Enters Charleston Market

    The Raleigh-based company will manage 61 Vandy, a 101-bedroom student housing development currently in the final stages of conversion.

    10 March 2017 21:57
  • MHN’s Top 5 April 2017 Articles

    Miss out on any MHN stories in April? Here are five of our most popular articles for the month, including the top 10 apartment owners in Los Angeles and the status of Chicago development.

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  • Interra Closes on Chicago Multifamily Deal

    The 43-unit property located in Rogers Park changed hands for $3.9 million. In addition to the residential units, the building offers 1,200 square feet of office space.

    27 June 2017 09:10