Rick Hendrick

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  • Rent Growth Moderates, Demand Persists in Boston

    Above-trend population gains and increasing job growth continue to make the city one of the most stable multifamily markets in the U.S.

    05 September 2017 15:38
  • Sagora Senior Living Sets Foot in Katy, TX

    The senior housing operator acquired The Orchard Assisted Living & Memory Care, their first community in Katy, Texas. The property consists of 50 assisted living units and 40 memory care apartments.

    03 May 2017 12:00
  • Security Properties Acquires 2 Portland Assets

    Security Properties acquired two properties totaling 228 units located near downtown Portland. The company plans to implement a renovation plan for The Commons in order to preserve the long-term affordability of the building.

    21 July 2017 15:31
  • Pathfinder Acquires $16M Senior Housing

    The company formed a joint venture with Denver-based Hillcrest Development Group to purchase Shalom Park Senior Living Campus. Pathfinder will implement a $3 million renovation plan and will rebrand the property as V-Esprit.

    16 June 2017 17:39
  • Rent Growth

    Rents were up 1.5% nationwide in May, down 40 basis points from April, 90 basis points from March and well below the 5.3% growth rate of a year ago. Deceleration is more than firmly established, as the year-over-year growth rate has decreased for 13 straight months since reaching 5.4% in April 2016. The last time the year-over-year increase was as low as 1.5% was in April 2011.

    19 June 2017 20:09
  • HFF Arranges Class A Community Sale in Houston

    GPI Real Estate Management Corp. bought this one- and two-bedroom apartment community located in the heart of Houston’s Energy Corridor. HFF arranged the transaction.

    27 October 2017 21:43
  • Historic DC Patterson Mansion’s Makeover Now Complete

    Saul Urban joined hands with Rooney Properties and BedRock Real Estate Partners to renovate and expand the more than 110-year-old property and turn it into 92 apartment units.

    19 May 2017 18:11
  • Marcus & Millichap Leads San Diego County Community Sale

    A family trust sold Villa Quixote, a 78-unit apartment community in Escondido, Calif., for $11.8 million. The community was built in 1969, presenting the buyer with an opportunity to renovate the property and raise rents.

    24 May 2017 14:52
  • Medistar Brings Transitional Care Facility to North Houston

    Pi Architects are currently designing the 104-bed asset, which will provide various services, including skilled nursing focused on short-term rehabilitation care, assisted living and memory care.

    27 July 2017 17:36
  • WTC Secures $70M for Suburban Chicago Property

    The company obtained construction and permanent financing for the 301-unit residential component of Wheeling Town Center, a mixed-use development.

    28 June 2017 08:28