Archive for July 2010
Southern California Land Values Deep In Recovery Mode
Irvine, Calif.–In Southern California, the bottom of the land market came and went a long time ago, according to a report by The Hoffman Company.
Read MoreDEAL OF THE DAY: NorthMarq Arranges $25.388M, Interest-Only, Fannie Mae Loan through AmeriSphere
NorthMarq Capital’s San Francisco regional office has arranged a $25.388 million first mortgage for Jefferson at Carmel Mountain Ranch.
Read MoreMixed-Use Crown Square Project in St. Louis Completed
St. Louis–Crown Square, a $35 million restoration of 27 buildings in what used to be the 14th St. pedestrian mall near the historic Crown Candy Kitchen in St. Louis, has been completed.
Read More‘Foong on Finance’ with Keat Foong: Economic Recovery Reversing Itself?
The commercial real estate sectors are showing greater optimism, and investment activity is starting to come to life again. The latest National Multi Housing Council (NMHC) Quarterly Survey of Market Conditions released in May showed “widespread improvement” in the apartment sector. The apartment sales volume index even increased to a record, of 72 from 56.…
Read MorePODCAST: Monthly Forecast with Bernard M. Markstein, III, NAHB Economist
MARKET SNAPSHOT: National Buyers Pursue Assets in Music City
Nashville, Tenn. –Year-over-year fundamentals indicate that the Nashville metro area is on the rebound.
Read MoreAffordable Housing Project in Southern California’s Orange County Garners Council’s Approval
Irvine, Calif.–Jamboree Housing Corp.’s development of a 70-unit affordable housing community in Buena Park, Calif., took a big step forward.
Read MoreDEAL OF THE DAY: ARA Brokers Student Housing Sale; Properties to be Repositioned
Atlanta-headquartered ARA recently arranged the sale of two multifamily communities in Huntsville, Texas: Cornerstone Apartment Homes with 84 units, and Woodcreek Apartment Resort with 196 units.
Read MoreFannie Mae Multifamily Investment Drops During First Half 2010
Washington, D.C.–During the first half of 2010, Fannie Mae, through its lenders and various other partners, provided $5.9 billion in investment to the multifamily rental housing market.
Read MorePritzker Realty Group and The Bozzuto Group Form $75M JV to Acquire, Develop MF Properties
Atlanta–The group will invest in Class A Properties, mixed-use TODs as well as luxury rentals.
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