Forest City

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The Hunt Cos. Redeploy Military Construction Proceeds to become Full Service Multifamily Real Estate Firm The Hunt Cos. Redeploy Military Construction Proceeds to become Full Service Multifamily Real Estate Firm

After a decade long run as a preimminent miltary housing builder, the Hunt Cos. reinvest hundreds of millions in profits to become a full service multifamily real esate firm. More

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Market-Rate Firms, REITs Shy Away From Seniors Housing

Cleveland, Ohio-based Forest City announced late last month that the firm was selling off partnership interests in three of the multifamily developer and owner/operator’s supported-living apartment communities. The sale of the communities—a total of 869 units across properties in Teaneck, N.J.; Chevy Chase, Md.; and Yonkers, N.Y.—is further evidence of Forest City’s departure from the active-adult and seniors multifamily housing, a sector that has seen occupancy and revenue fundamentals hit hard by the economy. More

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