Michael O’Brien

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  • Renovated Downtown Nashville Community Trades for $27M

    A Covenant Capital Group fund sold the 170-unit 500 Fifth Ave. The deal follows a $4 million renovation process the firm completed at the 56-year-old building.

    03 August 2017 14:29
  • Developer Secures $17M Tranche for Waterfront Miami Tower

    Vertical construction of the 57-floor condo building is set to begin in the first quarter of 2018, with completion estimated for 2019.

    10 October 2017 08:25
  • High-Voltage Incentives

    The financial and environmental rewards of improving energy efficiency are well known, yet even as upgrades become common practice, it’s fair to say that plenty of untapped opportunities await.

    03 October 2017 10:54
  • BRT Nabs 3 St. Louis Luxury Communities

    Through joint venture partnerships, the REIT purchased Vanguard Heights, The Tower at OPOP and The Lofts at OPOP for some $75 million. Meridian Capital Group arranged financing for all three acquisitions.

    17 April 2017 09:19
  • Inland Lands Properties in AL, TN

    The communities include The Verandas at Taylor Oaks in Montgomery, Ala., and The Haven at Commons Park in Chattanooga, Tenn. As of July 25, the properties were 95 and 90 percent occupied, respectively.

    11 August 2017 15:38
  • For Residents, Does Location Really Matter?

    Does the old saying "Location, location, location" really matter to today's renters? MHN and Kingsley Associates paired up to find out what residents think about their apartment's neighborhood.

    23 August 2017 08:27
  • Equus Capital Partners Snags 500-Unit Atlanta Property

    The company acquired Viera Briarcliff, a 500-unit garden-style apartment community in the coveted Druid Hills neighborhood on the east side of the city.

    19 June 2017 15:29
  • ACC to Open Indianapolis Student Housing

    ACC partnered with Butler University to open another student housing facility in Indianapolis. The 648-bed community is slated to open in fall 2018.

    09 May 2017 13:19
  • Naples Community Changes Hands for $67M

    The seller completed a series of improvements during its ownership, including the renovation of the clubhouse and the creation of a private fitness studio.

    25 July 2017 17:53
  • Economy Watch: Multifamily Markets Softening

    All four indexes of the NMHC's quarterly survey were below the breakeven level of 50, indicating that U.S. apartment market conditions are softening despite continued strong demand. New supply is finally catching up, and there seems to be more caution among buyers and lenders, noted NMHC Chief Economist Mark Obrinsky.

    21 April 2017 13:56