Archive for August 2010
NFHA Teams Up on Housing Discrimination Lawsuit Against SC Bodner and MBA Construction
Washington, D.C.–It is alleged that defendants violated the Fair Housing Act by neglecting to make apartments with accessible features available.
Read MoreJersey City Condo Development Bucks Sluggish Sales Trend by Selling
Jersey City, N.J.–Summer has traditionally been a slow sales season for condos
Read MoreDEAL OF THE DAY: WRH Realty Acquires Garden Apartments in Palm Harbor, Fla.
WRH Realty Services, Inc. completed the acquisition of Landings at Boot Ranch Apartments in Palm Harbor, Fla.
Read MoreMHN Interview with Joel Kelly: Bank-Owned REO Properties Are Bulk of Transaction Activity in East Bay
Joel Kelly, president of BAA, talks to MHN about the how the group got started and what their goals are.
Read MoreCortland Secures $9.5M for Atlanta-Area Renovation Project
Atlanta–The grip of the credit crunch may be loosening but, as Cortland Partners is well aware, securing financing for commercial real estate investments remains no simple feat.
Read More‘Foong on Finance’ with Keat Foong: Low Rates! Hurrah!!
There was news this morning of a new wave of economic pessimism: exports have fallen and the possibility grows that the 2.4 percent second quarter GDP growth figure could be revised lower. And the accompanying news was that the yield on the benchmark 10-year Treasury bills had fallen back further, to 2.69 percent. Recently, the yield…
Read MoreApartment Industry on the Mend: NMHC Survey
Washington, D.C.–The National Multi Housing Council’s latest quarterly survey of market conditions sounds some optimistic notes for the apartment business.
Read MoreCortland Partners Craftily Secures $9.5M in Financing for Atlanta-Area Apartment Renovation Project
Atlanta–The grip of the credit crunch may be loosening but, as Cortland Partners is well aware, securing financing for commercial real estate investments remains no simple feat.
Read MoreDEAL OF THE DAY: Raintree Partners Acquired Three Properties in Calif. For $30.6M
Pomona, Calif.–Investor and developer Raintree Partners has acquired a portfolio of three multifamily properties.
Read MoreDevelopers Anticipating the Return of Multifamily Property Buyers to the Yucatan
Tulum, Mexico–With recovery, the promoters of such properties are once again optimistic.
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