HUD Proposes New Assessments for Public Housing Authorities
HUD has proposed a new set of rules that would require public housing authorities to conduct physical needs assessments every five years, with 20-year projections.
Yield Technologies Taps Burke as CFO
Chicago–Yield Technologies, a real estate technology and management solutions providor, has hired Brian Burke as chief financial officer.
Walker & Dunlop Launches Interim Loan Program
Bethesda, Md.–Walker & Dunlop, Inc. has launched its interim loan, which will initially be focused on East Coast markets and offer floating-rate interim loans to experienced borrowers seeking to acquire or reposition multifamily properties that do not currently qualify for permanent financing.
PODCAST: Economy Watch Weekly with Dees Stribling
The week ending July 22 saw more fruitless wrangling between lawmakers in Washington, signs that the Eurozone will be able to work out its problem with Greece, and CRE prices and construction increases.
Lend Lease to Reduce Military-Housing Energy Use
New York–Lend Lease launches a program to decrease energy use by 20 percent at its 65.3 million square-foot Military Housing Privatization Initiative portfolio.
Riechman to Head Centerline’s Affordable Housing Group
New York–Michael Riechman will join Centerline Capital Group on September 6 as the firm’s new head of Affordable Housing Equity.
Economy Watch: CRE Prices See Uptick in May
Commercial real estate prices were up in May; existing-home sales edge downward; and Republican leaders were at the White House again on Wednesday, trying to work out the debt crisis.
International Buyers Attracted to Condos in New York and Miami
New York–Two luxury condominiums developed by Africa-Israel USA are attracting international buyers from countries including China, Italy, Brazil, Russia and Singapore.
International Buyers Attracted to Condos in New York and Miami
New York–Two luxury condominiums developed by Africa-Israel USA are attracting international buyers from countries including China, Italy, Brazil, Russia and Singapore.
Freddie Mac Offers $1B in Multifamily Securities
McLean, Va.–Freddie Mac expects to offer approximately $1 billion in Structured Pass-through Certificates–K Certificates–offered to the market by a syndicate of dealers.