National
TODAY’S DEALS: Elco Landmark Apartment Trust Acquires Six Assets
Elco Landmark Apartment Trust completes a series of acquisitions in Texas and North Carolina; and Johnson Capital arranges $18.64 million in joint venture equity financing for two new construction projects.…
Continue reading →Economy Watch: Housing Starts Take a Dip
Housing starts, which have been gaining upward momentum in recent months, took an unexpected dip in April, according to the Census Bureau.…
Continue reading →TODAY’S DEALS: Landmark Acquires 600 Units in Carolinas
Landmark Apartment Trust of America acquires two properties in the Carolinas; Continental Realty Advisos buys a 560-unit community in Orlando; and Walker & Dunlop closes $152 million for properties in the Midwest in the first quarter.…
Continue reading →Economy Watch: Home Buildings More Cheerful (or Less Glum)
The National Association of Home Builders reported that its housing market index increased three points in May to 44. …
Continue reading →TODAY’S DEALS: NGKF Sells Two Massachusetts Properties
NGKF sells two assets for a combined $32.5 million; Northmarq arranges acquisition financing of $34.7 million; and Grandbridge Real Estate Capital closes three seniors housing transactions totaling $23.5 million.…
Continue reading →Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 7.3 percent from one week earlier,according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 10, 2013.…
Continue reading →Economy Watch: Federal Deficit Shrinks
The Congressional Budget Office reported in its “Updated Budget Projections: Fiscal Years 2013 to 2023” that the federal budget deficit will shrink in fiscal 2013 to $642 billion, the smallest shortfall since 2008.…
Continue reading →TODAY’S DEALS: TIAA-CREF Buys a 276-Unit Community in Burbank
IPA brokers a sale in California; Cohen Financial secures equity financing for a Miami condo development; and NorthMarq Capital arranges $40.5 million in Freddie Mac loans.…
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