Richard Herrington

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  • BHC Breaks Ground on Affordable VA Community

    The company is converting the former Citadel of Hope, a Colonial property built in 1923, into apartments for working families. Called The Goodwyn at Union Hill, the asset includes the renovated historic school building, in addition to five new buildings.

    17 May 2017 15:24
  • In Case You Missed It: MHN’s Top 5 Posts in October

    Miss out on any of our articles? Catch up with five of our most popular posts for the month.

    01 November 2017 13:39
  • TH Real Estate Picks Up 228-Unit FL Community

    The Nuveen affiliate acquired The Atlantic at East Delray in Delray Beach for $54.3 million. An ARA Newmark team represented the seller in this transaction, a joint venture between Pollack Shores and its equity partner.

    21 August 2017 15:13
  • CBRE Closes Inland Empire Sale

    Evart Street Apartments in Montclair, Calif., changed hands for $8.9 million, one of the highest per-square-foot prices for a multifamily property in the area, according to the brokers.

    18 August 2017 08:49
  • Austin Investor Acquires 10th Property in DFW

    NAPA Ventures plans to renovate both the exterior and interior of The Falls Apartments, its newly acquired 208-unit property in metro Dallas.

    30 June 2017 10:01
  • U.S. Equity REITs

    As of June 30, the SNL U.S. REIT Multifamily index recorded a one-year average dividend yield of 3.2 percent, 0.6 percentage points behind the broader U.S. Equity REIT index.

    24 July 2017 16:13
  • Miami’s 1010 Brickell to Begin Closings

    The 389-unit tower, a partnership of Key International and 13th Floor Investments, underwent 36 months of construction and is currently 99 percent sold.

    28 August 2017 14:18
  • Palace Group Unveils FL Luxury Senior Housing

    The Palace at Weston Senior Living will feature 300 studios and one- and two-bedroom independent living, assisted-living and memory-care apartments. The project is scheduled to break ground in 2018 and be completed in 2019.

    07 November 2017 17:32
  • City Tower Brings Luxury to Downtown Brooklyn

    Multi-Housing News recently took a trip to downtown Brooklyn for a tour of The Brodsky Organization's City Tower. Read on for an inside look at the luxury community.

    16 November 2017 19:06
  • Passco Trades Remaining Interest in KS Property for $48M

    The company sold The Village at Lionsgate, a 360-unit community in the Kansas City MSA. Mac Crowther, vice chairman at ARA Newmark’s Kansas City office, represented both parties in this transaction.

    16 August 2017 17:31