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  • 29th Street Capital Buys 12th Bay Area Community

    The acquisition of the 79-unit community in San Leandro, Calif., brings the company’s multifamily portfolio to more than 7,600 units. As part of its value-add investment strategy, the company plans to invest $2.3 million in capital improvements.

    13 April 2017 13:42
  • Tiffany Rufrano Joins Greystone Development

    Greystone has selected Rufrano as its new director of asset management. A former Paramount Group vice president, she brings more than a decade of experience in asset management, acquisitions, financing and investment banking.

    25 May 2017 15:25
  • Economy Watch: Apartment Supply Not Keeping Up with Demand in Most Markets

    Out of the nation's 50 largest metros, only 10 have enough new housing supply to keep pace with job growth, according to a new report from Apartment List, indicating that a lack of new construction is contributing to the affordability crisis in many parts of the country.

    28 July 2017 13:04
  • Orange County Community Trades for $17M

    California Landmark Group bought the 86-unit property built in 1973 from a private investor. This is the company's first Orange County acquisition.

    03 May 2017 09:16
  • Transactions: April 2017

    The following is a list of transactions that were announced between Jan. 25, 2017 and Feb. 21, 2017.

    06 April 2017 10:51
  • The October digital issue of MHN is now available!

    The October issue focuses on Energy, including a look at programs that offer incentives in multifamily communities that could yield $3.4 billion in annual savings. We also feature an in-depth interview with Eric Margules, founder & CEO of Margules Properties Inc., who took his company from a one-man operation to a real estate firm with $300 million in assets.

    03 October 2017 07:11
  • IRET Buys in Hot Twin Cities Market

    The company acquired the 500-unit Park Place in Plymouth, Minn., for $92.3 million. The community consists of four apartment buildings and is currently more than 95 percent occupied.

    18 September 2017 17:49
  • JV Wins Equity Funding for D.C.-Area TOD

    A joint venture between Peter N.G. Schwartz Management Co. and Hensel Phelps Construction Co. obtained $16 million of preferred equity toward the development of Allure Apollo in Camp Springs, Md.

    01 May 2017 16:12
  • Berkadia Secures $96M for PA, VA Properties

    The company's HUD team secured financing for three properties: $67.1 million for two properties in Philadelphia, the largest HUD 223(f) loans originated in the area in the last five years, and $29.1 million for a property in Richmond, Va.

    20 September 2017 15:57
  • Wood Partners Sells Tampa-Area Community

    Northland Investment Corp. paid $52.9 million for the newly constructed property. Located at 23700 Viento Drive, The Village at Terra Bella consists of 14 three-story buildings and an 11,000-square-foot clubhouse with sports lounge.

    08 May 2017 12:07