National Student Housing Council Sees Surge in Freshman College Applications
Washington, D.C.–A report from the National Student Housing Council finds that, despite the recession, colleges are receiving more applications than they were a couple years ago.
Sahgal Joins Transwestern’s Chicago Office
Chicago–Vineet Sahgal has joined Transwestern as executive vice president and managing director of the Tenant Advisory Services group.
Affordable Housing Property in Iowa Turns Green via $10.6M Rehab
Ames, Iowa–Eastwood of Ames, a 60-unit affordable housing community, has emerged from a $10.6 million renovation converting the 41-year-old building into a sustainable property.
Economy Watch: Economists Say Fed Should Take a Breather
Economists are less optimistic than two months ago; Obama’s Council on Jobs and Competitiveness proposes various government actions; and S&P downgrades Greek debt.
Obama’s Better Buildings Initiative Estimated to Create 114,000 New Jobs
An analysis by The Real Estate Roundtable, USGBC and the Natural Resources Defense Council finds that the White House’s new energy-efficiency plan would create 114,000 private-sector jobs, mostly in construction.
Commercial/Multifamily Mortgage Delinquency Rates Mixed in Q1
Washington, D.C.–The Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report finds that delinquency rates among different commercial/multifamily mortgage investor groups were mixed in the first quarter of 2011.
‘Gimme Shelter’ with Daniel Gehman: A Volt from the Blue
A trial run with the Chevy Volt leaves this HOV-oriented consumer considering its benefits against the competition.
Post Properties Commences Apartment Projects in Orlando and Raleigh
Post Properties Inc. has kicked off development of Post Lake at Baldwin Park, Phase III in Orlando and Post Parkside at Wade, Phase I in Raleigh, N.C., adding 802 units.
Economy Watch: Online Data Thieves Hit IMF, Rouge State Suspected
The IMF’s computer systems have been hacked; a McKinsey Global Institute report outlines the immensity of the task of restoring the labor market; and the cost of TARP has shrunk more than expected.
NAAEI Survey Reinforces Value of Continuing Education
Apartment managers surveyed by the National Apartment Association Education Institute agree that continuing education programs translate to higher pay and better performance.