Archive for August 2010
San Francisco’s Condo Market on Upswing Again After June’s Decline
an Francisco–The economic crisis did not bruise San Francisco as badly as certain other major California cities like Los Angeles and San Diego, so its condominium market has not fared as poorly during the downturn.
Read MoreMHN Interview with Armand Brachman: Acquisitions Will Be Significant Part of Dominium’s Growth in Foreseeable Future
Armand E. Brachman talks to MHN about Dominium’s acquisition strategy and how development has taken a back seat in the firm’s growth plans in recent years.
Read MoreMarket-Rate Faculty Complex Debuts in Pricey Redwood City
Redwood City, Calif.–Those in the business of education do not earn sky-high salaries, so availability of market-rate housing is a key concern.
Read MoreStudent Apartments Take the Lead in National Building Competition
Chapel Hill, N.C.–The 850 students who live in the Morris Residence Hall in Chapel Hill, N.C., who attend UNC at Chapel Hill, had reason recently to cheer about an announcement from the U.S. Environmental Protection Agency.
Read MoreDEAL OF THE DAY: George Smith Supplies Large, $32M, Construction Loan to Buyer to Complete Multifamily Project
Hollywood, Calif.–George Smith Partners, on behalf of an institutional client, completed a $32 million multifamily construction loan transaction.
Read More‘Foong on Finance’ with Keat Foong: Free Marketers vs. Fannie and Freddie
The high-power summit organized by the Treasury Department to discuss the future of Fannie and Freddie occurred this week, yesterday. It seems to be the tendency of 21st Century Big Money to have a ideological opposition to “Big Government.” But in this case, homeowners and renters are lucky because industry is coming out in favor…
Read MorePCCP and Ohio Public Employees Retirement System Form New Venture To Originate Senior Commercial Mortgages
San Francisco–PCCP, LLC and the Ohio Public Employees Retirement System have teamed up to form a new venture that will originate first mortgages.
Read MoreMuch-Needed Market-Rate Faculty Apartment Complex Debuts in Pricey Redwood City, Calif.
Redwood City, Calif.–Those in the business of education do not earn sky-high salaries, so the availability of market-rate housing, particularly in high-price residential markets, is a key concern.
Read MoreDEAL OF THE DAY: Berkadia Originates $8.01M Construction Loan Via Credit Union
Arlington, Texas–Berkadia Commercial Mortgage originated a loan via a local credit union for the construction of a student housing community in Arlington.
Read MoreSpanish-Speaking Apartment Renters Get Mobile Apartment Search Solutions
Norfolk, Va.–For Rent Media Solutions has launched the ParaRentar.com mobile site. ParaRentar.com is a fully-translated Spanish apartment search site. “The ParaRentar.com mobile site caters directly to the Spanish-speaking Hispanic audience,” says Terry Slattery, president of For Rent Media Solutions. “This is the first and only mobile website created with the Hispanic renter in mind. As…
Read More