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  • Monument Capital Management Enters Illinois Market

    The Residences at 1550, located in the Chicago suburb of Mount Prospect, include 509 one-, two- and three-bedroom garden- and townhome-style units. The property will be managed by the firm’s sister company, Monument Real Estate Services.

    02 August 2017 13:37
  • Master Plan Brings Green to SoCal Desert

    Family Development and Presidio Residential Capital have received the go-ahead for a 660-acre development in Riverside County, Calif. Comprising apartments, condominiums, townhomes and single-family homes, the project would be the first of its kind in the Coachella Valley.

    15 August 2017 13:47
  • South Dallas Community Snags $10.5M Refi

    Justin Laub of Metropolitan Capital Advisors secured a 12-year term Fannie Mae loan for La Hacienda Apartments. The 16-building asset offers convenient access to and from interstates 20 and 35.

    12 September 2017 14:22
  • Affordable Housing Finance Veteran Joins Jonathan Rose

    As West Coast director, Kelly Boyer will work with the company’s New York-based acquisitions team, sourcing new investment opportunities on the West Coast, including direct investments and joint ventures, as well as managing operating partner relationships.

    05 June 2017 14:01
  • NMHC, NAA: US Needs 5M New Apartments by 2030

    According to a new joint study, apartment supply is not keeping up with demand caused by delayed marriages, an aging population and international immigration.

    13 June 2017 16:19
  • TruAmerica Buys Denver Community for $53M

    The company partnered with Magnolia Real Estate Fund to acquire the 287-unit asset. The companies will implement a renovation plan which will include improvements to common, interior and outdoor areas.

    02 May 2017 14:14
  • Employment Picture

    Year-over-year, the largest difference for employment was in the Professional and Related occupations with a rise of 4.6 percent.

    24 July 2017 15:46
  • 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
  • Rhodium Buys 462-Unit CT Portfolio

    The Bridgeport portfolio, acquired in partnership with Toronto-based Firm Capital, encompasses a 179-unit community and 13 other apartment buildings across Bridgeport.

    21 August 2017 12:30
  • Supply Concerns Bypass Securitized Multifamily: KBRA

    The bulk of underlying collateral for Freddie Mac and CMBS multifamily loans is Class B and Class C properties, the bond rating agency reports. KBRA forecasts a positive performance for these assets.

    01 August 2017 13:24