Thomas McConnell

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  • Newly Completed FL Community Up for Sale

    Stock Development's 324-unit community, called Spectra Apartments, is located in Fort Myers. Cushman & Wakefield’s Florida Multifamily team has been named the marketing agent.

    12 October 2017 09:57
  • Steadfast REIT Purchases $63M Denver Asset

    The acquisition of Belmar Villas marked the REIT's sixth multifamily purchase. The 318-unit community comprises 17 three-story buildings featuring one-, two- and three-bedroom floorplans that will soon undergo renovations.

    31 July 2017 14:12
  • City Tower Brings Luxury to Downtown Brooklyn

    Multi-Housing News recently took a trip to downtown Brooklyn for a tour of The Brodsky Organization's City Tower. Read on for an inside look at the luxury community.

    16 November 2017 19:06
  • Lee & Associates Brokers $21M Phoenix Transaction

    Biltmore Pointe Apartments includes 101 units and was built in two phases in 1959 and 1972. The new owner intends to add value to the investment through a substantial renovation.

    09 November 2017 14:59
  • Sacramento Market Maintains Robust Rent Growth

    While investment activity has slightly tempered in the city, property values have skyrocketed, boosting average per-unit prices to $160,000. New supply remains limited, as only 900 units will be added to the market in 2017.

    30 October 2017 13:30
  • CDP Opens Affordable Senior Community in SF Bay Area

    The Huntington is a 114-unit property in Morgan Hill, restricted to residents earning 50 to 60 percent of the area median income. KTGY Architecture + Planning designed the project.

    10 October 2017 16:02
  • WNC Funded Reno of San Diego-Area Affordable Asset

    The firm provided $13.2 million in financing for the renovation of Woodglen Vista Apartments, a 188-unit affordable community in Santee, Calif., that Jamboree Housing Corp. developed.

    10 November 2017 14:25
  • Strawberry Fields Refinances TN Skilled Nursing Facilities

    The $27.2 million HUD guaranteed loans from Capital One Multifamily Finance have a 35-year term at a 3.43 percent fixed interest rate. The REIT acquired the three properties last year.

    07 July 2017 13:21
  • 3 Things to Remember When Renting to Families

    Multifamily living offers a ton of perks, such as professional management, flexibility, less maintenance and increased safety. Carol Jackson, vice president of Morgan Properties, explores how to use these advantages to appeal to renters with children.

    17 May 2017 19:40
  • Sunrise to Helm Lease-Up at Luxury SoCal Community

    Located east of San Diego in El Centro, Calif., the project will comprise 242 units developed in three phases. Leasing of the 84-unit, $12 million first phase is underway.

    05 May 2017 14:34