Real Estate Rehabilitation

View All Tags
AFL-CIO Housing Investment Trust Provides Funding for $32 Million Rehabilitation of 2101 South Michigan Apartments
The AFL-CIO Housing Investment Trust has recently announced that, after working closely with PNC Real Estate and Developers Mortgage Corporation, it has provided $32 million of pension capital funding towards the major rehabilitation of Chicago’s 2101 South Michigan Apartments.
Chicago
WNC Closes $150.5M Fund to Acquire LIHTC Properties in 18 States
WNC announces it has closed WNC Institutional Tax Credit Fund 38 LP; Breeden Realty buys a 300-unit asset in an ARA-brokered sale; and Marcus & Millichap arranges a 34-unit sale in Colorado.
National
University of Cincinnati’s Morgens Hall Open for Students Following $35M Renovation
The University of Cincinnati recently announced it is preparing for another all-time record enrollment. The 194-year old university expects 43,000 students to attend classes this year and, in order to welcome them, it unveiled its $35 million renovation of Morgens Hall on August 15.
Cincinnati

You May Also Like

  •

    CHC Real Estate Buys Class A Property in Odenton, MD

    Cafritz Interests and Clark Enterprises Inc. sold NOVUS Odenton, a 244-unit luxury community. The asset was acquired free of any debt.

    05 September 2017 11:23

  • Economy Watch: Rents Volatile in Many Markets in May

    While nationwide apartment rents are still on the rise, several markets have recently faced spikes in rent, according to a recent ABODO report. Rent decreases going into June, on the other hand, were on the smaller side.

    07 June 2017 13:46

  • Chicagoland, Boston Senior Living Communities to Break Ground

    Deploying a budget of $64.5 million, Capital Senior Housing will develop two new assets comprising more than 150,000 square feet and nearly 180 apartments in Glenview and Andover.

    17 October 2017 15:22

  • Atlanta-Area Community Trades in $47M Deal

    The Reserve at Johns Creek Walk centers on a divided median boulevard, designed to evoke an old downtown with 20th century-style architecture.

    12 September 2017 12:39

  • Walker & Dunlop Closes $1.9B Acquisition for Greystar

    The company financed Greystar’s acquisition of Monogram Residential Trust, including 36 distinct loans on properties throughout the U.S. This represents the largest financing in Walker & Dunlop history.

    25 September 2017 15:58

  • Indianapolis: Full Speed Ahead

    Demand for apartments continues to be strong, thanks to the locale’s relative affordability. The city’s high-quality education system and skilled workforce attract residents and employers, propelling economic growth.

    27 June 2017 09:55

  • Middle Earth Gets Precious $98M Expansion

    Named for "The Lord of the Rings," the student housing project at UC Irvine will comprise construction of two brand-new towers and the renovation of a dining hall.

    09 June 2017 14:48

  • On the Market: 5 Interesting Listings for the Week of 4/10

    MHN's recent finds include two Colorado properties: one in the burgeoning Colorado Springs student housing market, and a historic four-unit property in Denver built in 1890.

    19 April 2017 13:00

  • Honolulu Condos Land LEED Certification

    Developed by OliverMcMillan, the Symphony Honolulu includes 388 residential units in the city's Kaka’ako district. The community incorporates water-efficient fixtures and systems reducing potable water use by 35 percent.

    05 September 2017 19:22

  • New Nashville Community Honors Country Icon

    LMC's Morris Apartments is a luxury mixed-use community with 344 apartment homes and 6,000 square feet of ground-floor retail. The development is located on the historic Music Row, at what was once a legendary country music manager's office.

    09 May 2017 15:56