Multifamily Voices | Multifamily Leadership

Improve Apartment Leasing Without “Just Adding Better Amenities”

Podcasts September 12, 2022

Improve Apartment Leasing Without “Just Adding Better Amenities” WPM Real Estate Management provides management services for around 25,000 homes across the east coast. They’ve been helping multifamily and other real estate companies for over 15 years and use their experience to add great value to their properties. Rebecca Smith (Becky) is the Senior Leasing Manager […]

TerraCap Management Acquires 337-Unit Apartment Complex in Austin MSA

Multifamily Newsroom™, News September 12, 2022

CEDAR PARK, Texas, Sept. 12, 2022 — TerraCap Management LLC, a privately held investment firm with its headquarters in Naples, Florida, announced today the acquisition of Latitude at Presidio, a 2017-built, 337-unit apartment complex located in the Cedar Park suburb of Austin, TX. Steve Hagenbuckle, TerraCap Founder and Managing Partner, said, “Our team has been evaluating Austin, TX for the right quality […]

Fannie Mae Priced $604 Million Multifamily DUS REMIC (FNA 2022-M13) Under Its GeMS Program

Multifamily Newsroom™ September 11, 2022

WASHINGTON, Sept. 14, 2022 /PRNewswire/ — Fannie Mae ( OTCQB: FNMA) priced a $604 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on September 8, 2022. FNA 2022-M13 marks the seventh Fannie Mae GeMS issuance of 2022. “The new issue market was crowded last week following the summer holidays, so we were pleased that investors […]

Madison Communities breaks ground on Madison Watergrass in Suburban Tampa, FL.

Multifamily Newsroom™ September 10, 2022

CHARLOTTE, N.C., Sept. 9, 2022 — Madison Communities, an affiliate of Madison Capital Group, has recently broken ground on 288 units located in Wesley Chapel in Suburban Tampa, FL. Located in the Crossroads area, the community will be called Madison Watergrass and construction will begin in September. Madison Watergrass will feature 288 units incorporated into 8 buildings (4 & 2 […]

Experience Senior Living executive receives industry award, joins elite echelon of senior housing leaders

Multifamily Newsroom™ September 9, 2022

DENVER, Sept. 12, 2022 /PRNewswire/ — Experience Senior Living (ESL), a full-service, vertically integrated developer-owner-operator of active adult, independent living, assisted living and memory care communities, is excited to announce Senior Vice President of Real Estate Development Hunter MacLeod has been recognized as a senior housing future leader by Aging Media Network as part of their annual Future Leaders Award […]

The Green Cities Company Advances Research Department with Appointment of Director, Research & Strategy

Multifamily Newsroom™ September 8, 2022

ORTLAND, Ore., Sept. 8, 2022 /PRNewswire/ — The Green Cities Company (Green Cities or the Firm), an investment management firm pioneering environmental and social responsibility in the real estate sector, is pleased to announce the hiring of Blake Walker as Director, Research & Strategy. In this role, Blake will oversee all macroeconomics and market specific research for Green Cities […]

Multiversity Housing Partners Adds Fifth Property to Pittsburgh Area Portfolio

Multifamily Newsroom™ September 7, 2022

PITTSBURGH, Sept. 7, 2022 /PRNewswire/ — Multiversity Housing Partners (“MVHP”) property management arm, MultiVersity Property Management (“MVPM”), will be overseeing the rebranding, management, and planned improvements at The Square on Butler, formally Doughboy Square and Square View in Lawrenceville, PA. An affiliate of MVHP acquired the property in August, 2022. Located in central Lawrenceville, The Square on Butler is the […]

Aline Capital orchestrates the $28.1 million sale of a multifamily property on the SC coast

Multifamily Newsroom™ September 6, 2022

CHARLESTON, S.C., Sept. 6, 2022 /PRNewswire/ — Greenville-based Aline Capital orchestrated the $28.1 million sale of Alston Arms Apartments in North Charleston, South Carolina. The 160-unit multifamily community is situated on 8.7 acres and was constructed in 2007. Texas-based Think Multifamily acquired the asset, adding to their ever-growing Southeastern portfolio. At the time of sale, the property was undergoing both interior and […]

Walker & Dunlop Expands Affordable Housing Platform with Addition of New Investment Sales Team

Multifamily Newsroom™ September 5, 2022

BETHESDA, Md., Sept. 6, 2022 /PRNewswire/ — Walker & Dunlop, Inc. announced today that it is expanding the capabilities of its affordable housing platform with the creation of a dedicated affordable investment sales team. The eleven-member team, led by Managing Directors Aaron Hargrove and Eric Taylor, formerly of Greystone Real Estate Advisors, brings invaluable experience and relationships in the affordable housing […]

Brazos Residential Expands Footprint in North Carolina with $41M Acquisition.

Multifamily Newsroom™ September 2, 2022

DALLAS, Sept. 1, 2022 /PRNewswire/ — Brazos Residential, LLC, a Dallas-based real estate private investment firm specializing in multifamily investments, announces the $41M acquisition of the Wilson Woods Townhomes located in Wilson, NC. The transaction marks the firm’s tenth acquisition in 2022. “Wilson Woods has an exceptionally unique story,” explains James Roberts, Managing Partner, and CofounderTweet this Constructed in 1974, Wilson […]