May 2010

DEAL OF THE DAY: ARA Brokers Sale of Uncompleted Apartment Property

By Keat Foong | May 10, 2010

Apartment Realty Advisors (ARA) recently arranged the sale of The Bridgemoor at Killeen, a 180-unit apartment community in Killeen, Texas.

Get Ready for ‘Fair Value’

By Keat Foong | May 10, 2010

A new method of reporting commercial real estate asks ‘what can you sell the property for?’

Maximize Efficiencies for Student Housing Turns

By Erika Bradbury | May 10, 2010

It’s nearly that time of year—when student housing owners and operators are preparing for the busiest season and the dreaded turnover. While conventional apartments have the luxury of spacing out turnovers throughout the year, student housing turns occur in a span of about two weeks.

PNC Financial Services Was Top Loan Originator of MF Debt Financing in 2009

By Anuradha Kher | May 7, 2010

PNC Financial Services Group Inc., Deutsche Bank Berkshire Mortgage and Prudential Multifamily Mortgage

Nonprofits Acquire Transit-Oriented Affordable Apartments in Denver

By nickoonce | May 7, 2010

Enterprise Community Partners Inc. and the Urban Land Conservancy (ULC), a Denver-based nonprofit real estate organization, have made their first property acquisition

Yardi Acquires DIY Real Estate Solutions

By nickoonce | May 7, 2010

Yardi Systems recently acquired residential property management software provider DIY Real Estate Solutions

Galante of HUD Addresses New York Housing Conference’s “Brown Bag Luncheon”

By nickoonce | May 7, 2010

A standing-room-only audience of multifamily residential real estate professionals filled a large conference room at the law offices of Nixon Peabody

First Passive House in the Western U.S. Achieves Standard

By Erika Bradbury | May 7, 2010

The U.S. Passive House Institute recently awarded The Breezeway House, located in Salt Lake City, certification. It is the first building in the Western U.S. to receive the award.