The Residences at Munroe Place

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    Rents were up 2.0% nationwide in April, down 50 basis points from March and well below the 5.5% growth rate of a year ago. The 2.0% year-over-year increase is the lowest it’s been since April 2011, when rents were up only 1.5%.

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    The company intends to initiate an array of capital improvements at the Class A property, which it purchased from Flournoy Cos. KeyBank Real Estate Capital’s Commercial Mortgage Group arranged acquisition financing for Passco Cos. through Fannie Mae.

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    The new 246-unit luxury community in Houston's upscale Tanglewood neighborhood offers large floorplans and a variety of amenities.

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    Marcus & Millichap announced the sale of Sherry Lane Garden Homes. The 62-unit apartment traded for $19.8 million.

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    Once a predominantly blue-collar city, the area today relies on a diversified innovation economy and a highly educated workforce.

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  • Nelson Brothers Acquires 184-Bed Student Housing

    The company plans to convert 39 three-bedroom units into four-bedroom units. The community is in close proximity to multiple Pullman Transit bus routes, including an express route to the Washington State University campus.

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  • Mill Creek Secures $55M Loan for NoVa Community

    Modera Fairfax Ridge is an upscale apartment community situated right off I-66 and Highway 50. An HFF team represented the borrower in order to secure the loan.

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    Jefferson Platinum Triangle, a 400-unit property in Anaheim, will include a gym with a yoga studio, two resort-style pools with spas, a media room, a dog wash station and 730 parking spaces.

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