Mark Forrester

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  • MHN’s Top 5 July 2017 Articles

    Miss out on any MHN stories in July? Here are five of our most popular articles for the month, including the top 10 apartment owners in Atlanta and design trends and products from NAA's Education Conference & Exposition.

    01 August 2017 14:56
  • ARA Leads $38M CO Community Transaction

    Previously owned by Jackson Square Properties, the 257-unit community is located in Lakewood, Colo.

    04 October 2017 14:04
  • Habitat Lands, Assumes Management of Chicago Asset

    The multifamily developer and property manager purchased and assumed property management of Eastwood Garden, an affordable community in the Englewood neighborhood. The company will manage two other properties in the Chicago area.

    21 August 2017 17:40
  • Spectrum Breaks Ground on Charleston Development

    The project is being built within the Cainhoy Plantation, a 9,000-acre, grocery-anchored, master-planned development. Leasing is expected to begin next spring, and the development is slotted for completion by fall 2018.

    19 June 2017 16:19
  • Steadfast REIT Purchases $63M Denver Asset

    The acquisition of Belmar Villas marked the REIT's sixth multifamily purchase. The 318-unit community comprises 17 three-story buildings featuring one-, two- and three-bedroom floorplans that will soon undergo renovations.

    31 July 2017 14:12
  • HFF Secures $50M Loan for NJ Community

    The company arranged the long-term fixes-rate loan on behalf borrower Capodagli Property Co. The 222-unit transit-oriented community offers convenient access into New York City and other major employment hubs.

    30 May 2017 09:11
  • Houston-Area Communities Land $87M in Financing

    Two Houston-area multifamily assets, with a total of 1553 units, received $87 million in financing. Combining first mortgage and mezzanine loans, both projects feature floating-rate, interest-only and non-recourse loans.

    16 October 2017 13:35
  • Capital One Brokers $9M Loan for SC Community

    The loan was used for the acquisition of The Terrace at Butler, a 132-unit property in Greenville. New York-based Ladder Capital provided the loan for Engel Realty Co.

    29 May 2017 11:14
  • 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
  • What Property Managers Can Learn from the New ‘Bachelor’

    Property managers can learn a lot about employee retention from how the show announced its new leading man.

    07 September 2017 20:17