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  • Priderock Makes Record Buy in Phoenix

    The company purchased the 832-unit Heritage at Deer Valley for $125.5 million, the highest price ever paid in Phoenix for a single community.

    04 October 2017 15:38
  • ResiModel Becomes redIQ

    When MHN first spoke with Elliot Vermes, founder and CEO of redIQ, back in 2015, the data intelligence start-up had a different name (ResiModel). Two years later, Vermes says his company has taken some valuable lessons from its work with clients—and made a pivot to focus more heavily on data standardization to meet the needs of more users.

    18 July 2017 19:59
  • Preventing Tragedy Means Going Above and Beyond

    After the tragic fire in London's Grenfell Tower, it’s crucial for multifamily operators to take a look at building safety—which might mean going beyond the letter of the law.

    30 June 2017 09:24
  • Friedman Sells 58-Unit Detroit Community

    9501 Iris Manor LLC purchased Iris Manor from Thornton Enterprise LLC. The three-story property features one- and two-bedroom units and is close to Wayne State University and the University of Michigan-Dearborn.

    07 April 2017 18:05
  • Chatbots, Multifamily & Millennials

    The goal of artificial intelligence is to make our lives easier, so it makes sense that industries across the board are exploring ways to apply it. This trend has intriguing implications for the multifamily sector.

    11 August 2017 08:39
  • Cush & Wake Secures $22M NC Community Sale

    PRG Real Estate sold the 15 two-story buildings to Dasmen Residential. The community last traded in 2012, when PRG Real Estate purchased it for $13.6 million.

    16 August 2017 17:39
  • Affordable FL Community Lands $7M Financing

    Walker & Dunlop arranged a 35-year loan for William Booth Towers, a 168-unit, age-restricted property west of Orlando’s central business district.

    21 June 2017 19:45
  • Boston Project Transforms 4 Sites into Affordable Housing

    Codman Square Neighborhood Development Corp.'s $20 million Dorchester initiative includes 44 units in four buildings, two of which were constructed by NEI.

    15 May 2017 13:51
  • Hunt Mortgage Adds New SVP

    Suzanne Cope, who previously worked at the company when it was called Centerline Capital Group, will be responsible for originating and closing affordable and FHA multifamily loans nationwide.

    11 October 2017 09:46
  • All Eyes on Core in Cleveland

    The city's market is growing slowly, particularly in submarkets outside the urban core that still face difficulties stemming from the last downturn.

    08 September 2017 16:28