Archive for ‘July, 2010’

Southern California Land Values Deep In Recovery Mode

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.

DEAL OF THE DAY: NorthMarq Arranges $25.388M, Interest-Only, Fannie Mae Loan through AmeriSphere

DEAL 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.

Mixed-Use Crown Square Project in St. Louis Completed

Mixed-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.

PODCAST: Monthly Forecast with Bernard M. Markstein, III, NAHB Economist

PODCAST: Monthly Forecast with Bernard M. Markstein, III, NAHB Economist

MARKET SNAPSHOT: National Buyers Pursue Assets in Music City

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.

Affordable Housing Project in Southern California’s Orange County Garners Council’s Approval

Affordable 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.

DEAL OF THE DAY: ARA Brokers Student Housing Sale; Properties to be Repositioned

DEAL 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.

Fannie Mae Multifamily Investment Drops During First Half 2010

Fannie 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.

Pritzker Realty Group and The Bozzuto Group Form $75M JV to Acquire, Develop MF Properties

Pritzker 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.

Finishing Touches Seal the Deal

Finishing Touches Seal the Deal

A nuanced understanding of a property’s target audience also characterizes effective use of amenities.

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