Morgan Stanley and National Equity Fund Create $100M Natural Disaster Fund
The Rebuilding Local Economies Fund is designed to support economic recovery in 13 States by accelerating rebuilding and creating jobs.
NMHC: U.S. Housing Policy Must Be Rebalanced
Attendees at an NMHC mid-year meeting agree that the government needs to adopt a new housing policy that is more supportive of the expanding population of renters.
PODCAST: Economy Watch Weekly with Dees Stribling
For the week ending June 17, good news came in about gas prices and housing starts, but economists are less optimistic about U.S. predictions for the year. And the eurozone has its own problems, with Greece and Spain battling austerity issues.
Economy Watch: Housing Starts See Surprising Uptick in May
The homebuilding industry saw a break in the clouds in May; banks can’t keep up with the foreclosure process; and last week had fewer jobless claims than the week before.
Crawford Promoted to Apartment Finder VP of National Partnerships
Lawrenceville, Ga.—Multifamily integrated media platform Apartment Finder has promoted Patty Crawford to vice president of national partnerships.
MHN Interview: Watt Companies’ Nadine Watt
Nadine Watt talks to MHN about her new appointment as president of Watt Companies, and the firm’s shift toward acquisitions, development and joint ventures.
Design Study Proposes Ingenious Solution to Denver Water-Storage Issue
Denver–Architectural firm Meridian 105 Architecture’s proposed design for a 426,000 square-foot mixed-use residential high-rise introduces creative ideas for water conservation.
Economy Watch: Consumer Prices Edge Up, Investors Gnash Their Teeth
The Consumer Price Index posts its smallest increase since November; homebuilding sentiment is gloomy; and overseas visits to the U.S. increased in the first quarter.
NAHB: Homebuilder Confidence Declines
Washington, D.C.–Homebuilder confidence in June reached its lowest point since September 2010, according to the NAHB/Wells Fargo Housing Market Index.
Economy Watch: Retail Sales Edge Down Because Fewer Buy Cars
Lack of auto sales pushed retail sales down in May; gas pushes up wholesale prices; and there may be hope for the labor market.