Archive for the Category ‘Top Stories’

PROFILE: CNL Financial Group

PROFILE: CNL Financial Group

A specialist in sponsoring non-tradable REITs, CNL Financial Group has taken three of its investments “full circle” in the past decade.

Reducing Insurance Costs for Apartment Owners and Managers

Reducing Insurance Costs for Apartment Owners and Managers

Apartment ownership and management can be a risky business.

Marcus & Millichap Promotes Peter Von Der Ahe to First Vice President Investments

Marcus & Millichap Promotes Peter Von Der Ahe to First Vice President Investments

Marcus & Millichap Real Estate Investment Services has promoted Peter Von Der Ahe to first vice president investments.

Economy Watch: Construction Edges Down in February, But Up Over Last 12 Months

Economy Watch: Construction Edges Down in February, But Up Over Last 12 Months

U.S. construction spending edged down a little in February, according to the Census Bureau on Monday, dropping 1.1 percent month-over-month.

Turtle Bay Towers Benefiting from Energy Savings-Financed Retrofit

Turtle Bay Towers Benefiting from Energy Savings-Financed Retrofit

A groundbreaking loan program recently announced by New York City-based FS Energy LLC, a subsidiary of FirstService Corp., is financing a sweeping energy retrofit project at New York City’s Turtle Bay Towers, a 338-apartment luxury cooperative apartment building in Manhattan.

Multifamily Financing Expands

Multifamily Financing Expands

Capital for multifamily construction is flowing–and low-cost–in the ‘right’ markets.

Economy Watch: Homebuilders Feel Better About ‘12

Economy Watch: Homebuilders Feel Better About ‘12

Homebuilders aren’t exactly optimistic these days, according to the latest National Association of Home Builders index, released on Monday.

California Investor Buys REO Manzanita Gate Apartments in Reno for $27M

California Investor Buys REO Manzanita Gate Apartments in Reno for $27M

MG Properties Group, a San Diego-based private real estate investor and operator, has acquired Manzanita Gate Apartments in Reno for $27 million.

New Bill Addresses the California Affordable Housing Crisis

New Bill Addresses the California Affordable Housing Crisis

With housing market yet to sort itself out, both renters and would-be homeowners face hurdles finding affordable housing.

PROFILE: Clear Capital

PROFILE: Clear Capital

Lenders today consider it critically important to underwrite not only the subject property, but also the market in which the property is located, notes David DeMello, chief appraiser of Clear Capital.

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