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  • Michaelson Acquires Dallas Apartments

    Built in 1982, Chesapeake Apartments includes 126 units and features four floorplans. Currently the property is 98-percent occupied.

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  • Marcus & Millichap Duo Sells 2 in Las Vegas

    Las Palmas and The Rubix traded for $39.3 million. New plans include capital improvements and focus on military housing.

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    Chandler Management purchased two residential properties totaling 676 units in Fredericksburg, Va. The seller, Equus, purchased both assets in 2012 for a total of $74.3 million.

    17 July 2017 19:12
  • PA Senior Living Community Expands

    Windy Hill Village, a Presbyterian Senior Living community in Philipsburg, broke ground on a 48-unit rental apartment building. R.S. Mowery & Sons is the project’s contractor.

    23 May 2017 18:11
  • The May digital issue of MHN is now available!

    The May issue offers a special focus on Marketing, including articles about how to better harness the power of social media, new strategies to successfully communicate your message to specific demographic niches, and tech tools that work. You'll also want to read the latest executive profile in our Mission: Success series, on Daryl Carter's creation of Avanath Capital Management. In addition, Housing Trust Group's Matthew Rieger offers a Q&A on development of affordable housing.

    16 May 2017 15:34
  • Investment

    In the second quarter of 2017, the price per square foot for multifamily properties averaged $179,000, with Mid- and High-Rise Apartment properties at $280,000 and Garden Apartments at $118,000.

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  • Greystone Secures Largest HUD Loan for Nursing Facility

    The $78.4 million refinancing for the 510-bed property in Brooklyn, N.Y., follows a $20 million capital improvement plan implemented by Centers Health Care.

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  • Trimark Breaks Ground on $14M Luxury Community

    Cascades Luxury Apartments is a $14 million development near the University of Florida. The community is the second ongoing project for the real estate company and it is slated for completion by the middle of 2018.

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