Archive for ‘August, 2011’

Rent Continues to Increase, Resident Renewal Intent Continues to Decline

Rent Continues to Increase, Resident Renewal Intent Continues to Decline

Apartment residents are less likely to renew their leases, according to Kingsley Associates’ Q2 2011 mulitfamily resident survey.

TODAY’S DEALS: Karlin Real Estate Purchases 304-Unit Community in Orlando

TODAY’S DEALS: Karlin Real Estate Purchases 304-Unit Community in Orlando

Karlin Real Estate buys a 304-unit community in Orlando; Marcus & Millichap brokers the sale of a nine-unit property for $3.4 million; and Chozick completes a $4.4 million sale of an 1970s apartment.

Harbor Group Expands Apartment Management Portfolio

Harbor Group Expands Apartment Management Portfolio

Harbor Group Management Co. has taken over the property management business of Great Atlantic Management. Great Atlantic’s portfolio of 21 properties includes 3,880 apartment units and about 116,000 square feet of commercial space in Virginia.

Tuscaloosa Tornado Spurs Relief Effort by Education Realty Trust

Tuscaloosa Tornado Spurs Relief Effort by Education Realty Trust

How Education Realty Trust and Edwards Companies joined forces to earn $22,000 in tornado relief efforts for the University of Alabama.

Envisioning One Affordable Housing Program

Envisioning One Affordable Housing Program

I have a vision for affordable housing that one day our country will have a single affordable housing program: one program, one set of rules, one agency monitoring the program itself. A tremendous amount of work must take place before this vision would become a reality, but we are a step closer to addressing many of the issues that stand in its way.

Alliance Residential Announces Southeast Development Director

Alliance Residential Announces Southeast Development Director

Alliance Residential recently appointed Silas Graham as Managing Director of Development for the Southeast.

Economy Watch: Second-Quarter Case-Shiller Indexes Up Across the Board

Economy Watch: Second-Quarter Case-Shiller Indexes Up Across the Board

The S&P/Case-Shiller’s National Home Price Index increased by 3.6 percent in the second quarter of 2011, after having fallen 4.1 percent during the first quarter of 2011.

TODAY’S DEALS: MAA Acquires 240-Unit Community in Alabama

TODAY’S DEALS: MAA Acquires 240-Unit Community in Alabama

MAA acquires a 240-unit upscale community in Alabama; Marcus & Millichap brokers the sale of a 30-unit community in Seattle; and Red provides $6.79M Fannie Mae loan for student housing.

New USC Property to be First LEED Platinum Student Housing

New USC Property to be First LEED Platinum Student Housing

Los Angeles–A new student housing property at the University of Southern California opened with the distinction of being the only student housing in the country to be on track to earn LEED platinum certification.

KTGY Designs Eco-Friendly Foursquare Senior Living Property in Portland

KTGY Designs Eco-Friendly Foursquare Senior Living Property in Portland

KTGY Group is designing a green senior living community just outside of Portland, adding 132 units of affordable housing for active seniors.

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