Archive for June 2010
DEAL OF THE DAY: Mixed-Use Property Purchased at 7.2% Cap
Portland, Ore.–An investor has purchased the Box & One, two mixed-use buildings at 2724-2728 SE Ankeny, in Portland, Ore., for $1.7 million.
Read MoreTownhome Community Sees Increase in Prices, Sales in 2010
Barnegat, N.J.–Whispering Hills, an 85-acre multifamily community in Barnegat, N.J., is now 45 percent sold.
Read MoreRealPage Executives Named in Broadband Properties MDU Technology Leaders Listing
Carrollton, Texas–The Broadband Properties MDU Hall of Fame recognized three RealPage Inc. executives for their contributions to multifamily broadband services. Steve Winn, RealPage chairman and CEO, and Henry Pye, vice president of Velocity Advisory Services, are named as Top 25 Leaders, and Keith Dunkin, vice president of YieldStar & MPF Research, was recognized as one…
Read MoreNew Affordable Seniors Housing Complex Opens in Las Vegas
Las Vegas–McKnight Senior Village II is restricted to residents 55 years and over.
Read MoreDowntown Chicago Apartment Fundamentals Strengthen
Chicago-Apartment fundamentals in downtown Chicago will probably strengthen in the near future.
Read MoreMixed-Use Tower, Containing 198 Luxury Apartments, Opens in Chicago
Chicago–Flair Tower is located at 222 W. Erie St. in the large arts district of River North in Chicago.
Read MoreDEAL OF THE DAY: ARA Finds 1.01-Acre Site in Houston for Pelican Builders
Houston–Atlanta-headquartered Apartment Realty Advisors (ARA) brokered the sale of a 1.01 acre land site located in Houston.
Read MoreTownhome Community Sees Increase in Prices, Sales in 2010
Barnegat, N.J.–Whispering Hills, an 85-acre multifamily community in Barnegat, N.J., is now 45 percent sold.
Read MoreFrom the Blog: Does President Obama Want to Privatize Public Housing?
By Keat Foong, Executive Editor Whether you are for or against it, would anyone be really surprised if President Obama tries to privatize social security, or impose regressive VAT taxation, down the road? For now, President Obama wants to privatize public housing. That is one interpretation of his Preservation, Enhancement and Transformation of Rental Assistance Act…
Read MoreMARKET SNAPSHOT: Rental and Occupancy Increases Expected for the Queen City
Charlotte, N.C.—While vacancies in Charlotte, N.C. apartments hit an all-time high of 13.6 percent in March 2010, communities have seen an increase in traffic over the last 60 to 90 days.
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