Archive for July 2010
‘Foong on Finance’ with Keat Foong: What will be the Unemployment Rate in 2013?
Like many industries, the apartment sector relies ultimately on job growth to drive demand for its products. In its recent white paper, NAI Global points to a projection that by mid-2013, the U.S. will see the same number of jobs as at the beginning of September 2008. That does not appear exactly to be…
Read MoreFinancial Reform Bill Offers Pros and Cons for the Multifamily Industry
Washington, D.C.–The financial reform bill might increase the cost of borrowing for multifamily businesses.
Read MoreMercy Housing Plans New $11.5M Affordable Apartments in Denver
Denver–An eco-friendly affordable housing community.
Read MoreVancouver’s Big Win
Unlike some other Olympic Villages, the newly named Millennium Water is a permanent installation, on track to becoming Canada’s first LEED Platinum neighborhood
Read MoreDEAL OF THE DAY: HFF Facilitates $10.7M Fixed-Rate Refi at 5.18% Interest
Tempe, Ariz.–HFF (Holliday Fenoglio Fowler LP) has secured $10.7 million in financing through Freddie Mac for Monarch at Tempe.
Read MoreWood Partners Expands Acquisition Team
Atlanta–Wood Partners L.L.C. is expanding its acquisition team with the hiring of Curtis Walker and Don Foster, both investment executives who will take on senior roles with the company. “This gives Wood Partners a tremendous advantage in a competitive market for existing multifamily properties,” says Chief Financial Officer/Chief Operating Officer Joe Keough. “Our network of…
Read MoreThe ABCs of P2P
Increase your properties’ purchasing efficiencies with procure-to-pay
Read MoreNeighborWorks America Awards $35M in Grants for Greening of Affordable Housing
Washington, D.C.–The CFRAH grants will provide the selected recipients from NeighborWorks’ network of nonprofit organizations with money to assist the development of green properties.
Read MoreAmerican Community Survey Offers Fresh Data for Multifamily Industry
Washington, D.C.–The new way of collecting data represents an improvement for multifamily property owners and developers.
Read MoreIn Wake of Oil Spill, Vacant Units in New Orleans Gobbled Up by Corporate Housing
New Orleans–As devastating as the oil spill is, it seems to have created a mini job-boom in the state of Louisiana.
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