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  • PAC to Invest $18M in NC Multifamily Asset

    The aggregate loan will be used by Oxford Properties to develop a 338-unit community in Charlotte. The investment comes with an option for PAC to acquire the asset following stabilization for a convenient sum.

    22 August 2017 15:56
  • Leasing Starts at Murray Hill Marquis Luxury Apartments

    The former boutique hotel is being converted into 260 modern no-fee studio and one-bedroom apartments, with rents ranging from $2,575 to $3,450 per month.

    17 August 2017 15:27
  • PAC Invests in 792-Bed Atlanta Asset

    Stadium Village had an average rental rate of $2,776 per unit as of September. Preferred Campus Management will manage the business and operations for the joint venture.

    02 November 2017 10:33
  • ARA Newmark Closes Sale of San Antonio Community

    The 320-unit Grand at the Dominion is located in northwest San Antonio and was 94 percent leased at the time of the transaction. The asset was acquired by Bluerock Real Estate.

    10 October 2017 19:56
  • JV Wraps $100M Baltimore Development

    Bozzuto Group, War Horse Cities, and Solstice Partners have completed work on Anthem House, a 292-unit community in the Locust Point district.

    28 August 2017 08:33
  • Western Focused

    MHN talks with Casey Lynch, co-founder of LocalConstruct, about the company's market choices and formula for success.

    21 July 2017 17:41
  • Affordable NJ Community Changes Hands

    The new owner acquired Berkeley Terrace for a price tag of $12.2 million and plans to invest in extensive renovations. The project is slated for completion by August 2018.

    31 July 2017 10:36
  • Economy Watch: Certain Residential Markets Overvalued

    In San Francisco, real residential prices have soared 65 percent since 2012, and remain 6 percent above the national average, according to the latest UBS 2017 Global Real Estate Bubble Index.

    29 September 2017 13:32
  • CBRE Brokers Sale of $56M Portland Community

    The company represented the seller in the $56 million transaction of a 50-building community, Witham Hill Oaks Apartments, which was built in three phases, between 1968 and 1998.

    16 August 2017 20:46
  • Greystone Provides $60M HUD Loan for NY Skilled Nursing Facility

    The firm also secured a bridge-to-HUD loan to finance Kennedy Management's acquisition, rebranding and renovation of the 302-bed asset in 2015.

    12 June 2017 16:45