Market Report 2010: Forecast Seizing Hidden Opportunities

High occupancy and rent rates put the stamp of approval on potential multifamily investments. But don’t ignore other less subtle upward trends.

HUD Secretary Donovan Addresses NYHC and NHC’s 36th Annual New York Housing Awards Luncheon

Shaun Donovan, secretary of The Department of Housing and Urban Development (HUD), was the keynote speaker at the New York Housing Conference (NYHC) and the National Housing Conference (NHC) Annual Awards Luncheon.

On Location: Creston Point, Seattle

Stefanie Rice, investment manager for Creston Point knew that local homeowners and residents of nearby apartment communities were concerned about “the dynamic of occupancy, how many people are living in the area,” and how these would affect issues like rezoning and school enrollment. So Rice and her team preemptively addressed concerns by opening the property’s doors to the community.

Shared Experience Is What It’s All About At Our Communities

Tom Sloan was recently appointed as vice president of Camden Property Trust’s eastern division. Sloan previously served as regional vice president in the company’s Washington, DC regional office. Sloan talks to MHN about the state of Camden’s eastern division portfolio, his projections for 2010 and the hot amenities for the year.

ARA Brokers $35M Sale On Behalf of DRA Advisors

Apartment Realty Advisors (ARA) brokered the $35 million sale of Tyvola Centre Apartments, a 404-unit property located in the southwest submarket of Charlotte, N.C.