NBS Financial Services Executive Vice President Mike Wood has secured $3.75 million in refinancing for the Park at Auburn Apartments, an 83-unit apartment complex in Auburn, Wash., that was built in 1981.

As banks become accidental multifamily property landlords more than ever before through foreclosure and other unfortunate economic events, third-party property management is stepping in to be of service. Even in a recession, someone’s going to make money, and multifamily property managers want it to be them.

A section of The Park, a sister residential project to the Village at Irvine Spectrum, is now open for leasing. The project is designed by MVE & Partners to be a high-density walkable community in an area and state where cars the primary mode of transport for most people.

MyNewPlace has launched RentEngine, an integrated listing tool and syndication service designed to maximize a community’s online marketing through systematic listing, posting, tracking and reporting capabilities.

Hendricks & Partners participated in the sale of an ocean front site, located at 305-309 South Ocean Front Walk in Venice, Calif. The ocean front property sold for full price and closed all-cash in 16 business days.

Santa Clarita is all set to roll out the world’s-largest Smart Water Management implementation.

Economists in the U.S. look almost daily for the so-called “green shoots” that could signal a sustained economic recovery.

Rick Raymundo, Elliot Hassan, and Mike Hanassab of Marcus & Millichap Real Estate Investment Services facilitated the sale of an eight-unit apartment property in North Hollywood, Calif. The sales price of $890,000 represents a value of $111,250 per unit.

Property owners and managers often want to utilize revenue management without having to incur the costs and staffing to support it within their company.

A new report issued by the Partnership for Sustainable Communities discusses the challenges and opportunities presented by sustainable development.