Scott Richmond

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  • CIM Group Reaches Construction Milestone in DTLA

    888 S. Hope—a 34-story apartment tower featuring 525 units, 6,000 square feet of ground-floor retail space and a public pocket park—is scheduled for delivery in mid-2018.

    19 September 2017 14:26
  • Colorado Community Under New Ownership Through HFF

    Prior to the sale, the 185-unit, garden-style community was 90.3 percent occupied, according to data provided by Yardi Matrix.

    04 April 2017 13:28
  • MedEquities Buys CT Skilled Nursing Facility from Prospect Medical

    Prospect ECHN Eldercare Services Inc. leased the 65,000-square-foot property in Tolland, Conn., which changed hands for an aggregate cash price of $10 million.

    10 July 2017 16:45
  • Phoenix Community Scores $24M Financing

    The real estate investment trust arranged the first mortgage financing for the community. Pinnacle at Union Hills was purchased for $48 million using proceeds from an equity offering.

    13 July 2017 11:59
  • High Street Residential Opens Foundry Lake Street

    The Class A community is 54 percent leased and 45 percent occupied. Foundry on Lake Street features 5,000 square feet of indoor restaurant space.

    03 August 2017 18:13
  • Market Pulse for August 2017

    Commentary and data were supplied by Michael Neal, a senior economist with the National Association of Home Builders (NAHB).

    24 July 2017 16:19
  • Bellwether Closes $62M in Financing

    The properties include a 116-unit community in New York, a 192-unit community in Texas and an industrial property in Ohio.

    27 April 2017 15:28
  • Sturdy DC

    Washington, D.C.’s multifamily market is experiencing strong fundamentals, including robust employment, healthy population gains and record-breaking rental rates, per-unit prices and median home values.

    03 May 2017 08:32
  • Sponsored Content: Adding Value Through Comprehensive Resident Risk Management

    Increased understanding of resident risk identifies important opportunities for apartment owners and managers. New research pioneered by JA Milan and Associates and CoreLogic® Rental Property Solutions demonstrates the relationship between resident quality scores and renters insurance liability losses.

    18 September 2017 18:03
  • Mallory & Evans Brings Student Housing to SC, AL

    The company is adding Bellamy Coastal and Bellamy Florence to its luxury student housing brand. Totaling $56 million, the two communities are scheduled for completion by fall 2018.

    19 September 2017 16:57