Evans Testifies on Behalf of NMHC, NAA before House Financial Services Committee
Washington, D.C.– Peter Evans, a partner at Moran and Company, testified on Capitol Hill on behalf of NMHC and NAA, urging the FHA to make changes that would expedite the multifamily mortgage application process.
Tornados Continue to Tear Apart the Midwest
Violent tornados ripped up parts of the central United States last night, killing at least 15 people in Oklahoma, Arkansas and Kansas.
WEB FEATURE: Global Market Report – South America
In the third and final piece of MHN’s global market report, a look at South America shows that potential for large-scale apartment communities exists in the region’s big cities.
$2B Master-Planned Community on Tap for Suburban Dallas
Arlington, Texas–Huffines Communities just broke ground on Viridian, a massive master-planned community that is estimated to cost $2 billion.
Economy Watch: New Home Sales Edge Upward in April
New home sales ticked upward by 7.3 percent last month; Chrysler pays off its debt to the U.S. and Canadian governments; and banks just had their best quarter in four years.
Phillips Development & Realty and Picerne Real Estate Group Join Forces
Tampa, Fla.-based Phillips Development & Realty and Warwick, R.I.-based Picerne Real Estate Group have launched a joint venture under the name Phillips-Picerne Properties, LLC.
WEBCAST: Strategies for Resident Automated Payments Systems
If you missed the MHN webinar sponsored by NWP Services Corp. on how businesses can effectively leverage electronic payment systems to drive revenue growth and cash flow, the recap and/or recording are available here.
WEB FEATURE: Global Market Report – Europe
Part two of MHN’s global market report focuses on Europe, a market that is surprisingly untapped and undeveloped compared to the U.S. model.
Economy Watch: California AG Targets Mortgage Fraud
The state of California has created a mortgage-fraud task force; Toys R Us is putting in the country’s largest largest solar rooftop installation; and the Chicago Fed National Activity Index took a dive last month.
Weilbach Joins Cushman & Wakefield as Multifamily Leader
New York–Steven Weilbach has joined Cushman & Wakefield as senior managing director of capital markets and head of the firm’s growing multifamily practice as U.S. multifamily practice leader.