Archive for October 2009
MTI’s New Line of Bathtubs
MTI is introducing MTI BASICS, a new line of tubs created for situations when needs are more simple, desires more modest or delivery schedule is critical.
Read MoreLighthouse at Oyster Bay Is Now Open
The Lighthouse at Oyster Bay, St. Maarten’s newest privately owned luxury condominiums, and the Pavilion, a 40-unit timeshare building is now open.
Read MoreTODAY’S DEAL: Cushman & Wakefield Arranges $43M Sale of 2 Atlanta Properties
Cushman & Wakefield has completed the sale of two suburban Atlanta properties: Madison at River Sound, a 586-unit apartment complex located in Lawrenceville, and Covington Glen, a 254-unit apartment complex located in Decatur.
Read MoreDespite Economy, Greystar is Pleased with Leasing Pace at Two New Houston Communities
Greystar Real Estate Partners recently completed and opened two luxury garden communities, Northgate Oaks Apartments (pictured) and Yorktown Crossing, in the Houston market.
Read MoreMULTI-HOUSING EXECUTIVE UPDATE: MBA Names Brad Cheney and Pace Bradshaw as Directors of Legislative Affairs, and Other Moves
The Mortgage Bankers Association (MBA) has appointed Brad Cheney as director of legislative affairs and has also promoted Pace Bradshaw to director of government affairs.
Read MoreTODAY’S DEALS: Alliant Capital Closes Two Loans Totaling Over $7M for Two Apartment Communities, and Other Transactions
Alliant Capital LLC recently completed the acquisition financing of Spring Lake in Seattle and the refinance of Misty Bayou Apartments in Houma, La., for a total of $7.7 million.
Read MorePODCAST: Thomas Shelton on the Challenges of the Southwest Markets
GUEST COLUMN: Multifamily Property Management—Truly a New Paradigm
October 08, 2009 – Fifteen years ago, we were in the midst of the last big recession. Then, as now, the crisis was caused both by the general economy as well as illiquidity in the financial markets. Today, however, the multifamily sector is light years ahead of where we were in the last go-around. This time, the major players in our sector, mostly REITs, are fueled by stable capital structures, but, more importantly, by operating platforms with a scale and sophistication unimaginable fifteen years ago.
Read More‘The Green Picture’ with Erika Schnitzer: Will Preserving our Earth Through Mandates Work?
A few new developments in the sustainability world have come to pass since my last note. One week ago, Sens. Barbara Boxer (D-Calif.) and John Kerry (D-Mass) launched a campaign for their climate bill. The purpose of the “Clean Energy Jobs and American Power Act,” which, incidentally, does not include the word “climate” in its…
Read MoreEditor’s Note: Will Preserving our Earth Through Mandates Work?
A few new developments in the sustainability world have come to pass since my last note.
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