Strong April rent collections and favorable loan terms convinced Preferred Apartment Communities to move forward with the purchase, despite COVID-19 complications.

Adam Levin and Robert Johnston with Levin Johnston of Marcus & Millichap recently shared insights and trends resulting from the industry response to COVID-19, and say activity levels will increase once the crisis passes.

The company raised $9.8 million on CrowdStreet in two hours, to assist in recapitalizing the project for its class-A, $42M DC multifamily asset.

The 51,647-square-foot outpatient clinic, located in Chico, California, is home to the largest state veteran population in the country.