Archive for ‘September, 2010’

Seniors Housing Starts Plunge: NIC

Seniors Housing Starts Plunge: NIC

Annapolis, Md.–For the year-long period ending March 31, 2010, seniors housing starts, including senior apartments, were down 32 percent nationwide from the same period a year earlier.

DEALS OF THE DAY: Investors Savings Bank Provides Construction Financings in New Jersey, New York, Pennsylvania Tri-State Area

DEALS OF THE DAY: Investors Savings Bank Provides Construction Financings in New Jersey, New York, Pennsylvania Tri-State Area

Short Hills, N.J.–Here is one bank that is active providing not only acquisition, but also construction, financing in the tri-state area of New Jersey, New York and Pennsylvania. Investors Savings Bank’s Commercial Real Estate group says it recently completed financing for seven transactions.

MARKET SNAPSHOT: Alabama Apartments Garner Interest from Multiple Buyers

MARKET SNAPSHOT: Alabama Apartments Garner Interest from Multiple Buyers

Mobile, Ala.–The Dobbins Group LLC recently closed on the 120-unit Lake Forest Apartments in Daphne, Ala. The distressed property is scheduled to undergo a $1 million renovation.

Property Solutions and CoreLogic Jenark Now Fully Integrated for Web-based Services

Property Solutions and CoreLogic Jenark Now Fully Integrated for Web-based Services

Provo, Utah–Property Solutions International, Inc. announced today that full integration is now available with CoreLogic Jenark, a provider of property management software and financial accounting software to the real estate industry.

Read Insurance Policy and Have Plan before Disaster

Read Insurance Policy and Have Plan before Disaster

Reitz talks to MHN about the basics of property insurance and what apartment owners need to keep in mind while choosing an insurance policy.

MHN Interview with Ron Reitz: Read Insurance Policy and Have Plan before Disaster

MHN Interview with Ron Reitz: Read Insurance Policy and Have Plan before Disaster

Reitz talks to MHN about the basics of property insurance and what apartment owners need to keep in mind while choosing an insurance policy.

Trump Property Manager Solves Bird Problem

Trump Property Manager Solves Bird Problem

On a graceful finger of sand in the blissful city of Sunny Isles Beach, Florida, three brand new luxury condominium towers soar more than 40 stories above the sand.

New Minneapolis-Area Apartment Property Focuses on Eco-Friendly Amenities

New Minneapolis-Area Apartment Property Focuses on Eco-Friendly Amenities

St. Louis Park, Minn.–The Ellipse on Excelsior, a 132-unit apartment community in St. Louis Park, Minn., has just opened its doors, offering tenants a few unique options for pursuing an environmentally friendly lifestyle.

Denver Conference Focuses on Affordable Housing Near Urban Transit

Denver Conference Focuses on Affordable Housing Near Urban Transit

Denver–The relationship between expanding mass transit and the preservation of affordable multifamily housing was the subject of meeting of about 200 federal, state and local officials in Denver this week.

INVESTMENT: Transwestern Named Exclusive Sales Agent for 1,107-Unit Multifamily Portfolio

INVESTMENT: Transwestern Named Exclusive Sales Agent for 1,107-Unit Multifamily Portfolio

Bethesda, Md.–Transwestern’s Bethesda, Md.-based multifamily group has been named by United Investors Management Corp. as exclusive agent for the sale of a 1,107-unit multifamily portfolio located in Prince George’s County, Md.

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