March 2010

DEAL OF THE DAY: ARA Brokers Sale of Two Well-Located Distressed Properties for $52.15 Per Square Foot

By Keat Foong | March 25, 2010

Apartment Realty Advisors (ARA) brokered the sale of a 78-unit, two property portfolio in Aurora, Colo. to JTA Properties, a private local buyer, for $2,125,000, representing a price per unit of $27,244, or $52.15 per square foot.

DeWitt Asks Congress Not to Forget Multifamily in Reforming GSEs

By nickoonce | March 25, 2010

Affordable and workforce housing will be critical in the 2010s

AMCAL Promotes Mario Turner to VP, Development in OC Office

By nickoonce | March 25, 2010

AMCAL Multi-Housing Inc. recently promoted Mario Turner to vice president of development for the company’s Orange County office

MARKET SNAPSHOT: With Supply in Check, Denver Remains Optimistic about Absorption

By Erika Bradbury | March 25, 2010

Denver never had the run-up that other markets in the mountain area, such as Phoenix and Las Vegas, had, but the city delivered about 18,000 units between 2001 and 2002, at the same time that it lost a lot of jobs, which contributed to a huge influx of supply.

New Site Provides Renters with Incentives to Pay Rent on Time

By Anuradha Kher | March 25, 2010

Chasing residents who are always late in paying their rent is a time consuming affair; one that property managers are all too aware of.

INVESTMENT: Mission Capital Advisors Tapped As Exclusive Sale Advisor for $119M Performing Commercial Mortgage Loan Portfolio

By nickoonce | March 24, 2010

The loan sale advisior Mission Capital Advisors LLC is marketing a portfolio of 195 performing commercial mortgage loans with an outstanding balance of $119,509,870.