Realtors Predict Stronger Multifamily Market for 2011
Multifamily rental properties will see a decrease in vacancies as well as modest rental increases next year.
Marching Forward
Pinnacle’s Rick Graf opines on rent growth, institutional capital and the economic recovery
ON LOCATION: 626 Dekalb, Atlanta
The location is just enough of a buffer from the heart of the city to lend the feel of a resident’s own personal oasis
Carried Interest: What’s Next?
As deficit worries grow, multifamily organizations keep an eye on the ‘carried interest’ bill
NWP Services Corporation Acquires Vertex Multifamily Services Division/CBSI
Tampa, Fla.–NWP Services Corporation (NWP) has acquired the Multifamily Services Division (CBSI) from Vertex Business Services. CBSI is a Tampa-based provider of billing, energy management, and meter installation and maintenance services to multifamily housing communities and commercial real estate properties. The acquisition extends NWP’s market leadership in utility billing, cost recovery and utility management for the multifamily housing industry. “We are pleased with the completion of this acquisition and for what it means to our company’s continued growth, but more importantly for what it provides for our new customers,” says Michael Radice, president and CEO of NWP. “Our additional services…
First Large Scale Residential Installation of Fuel Cell in the World Takes Place in New Haven
The fuel cell will provide combustion-free power to the 500 residential units.
Tenant Credit Risk For Multifamily Landlords Stabilizes in 1Q10
First Advantage SafeRent Inc., a screening and risk management specialist for the multifamily housing industry, has released its Multifamily Applicant Risk (MAR) Index for first quarter 2010
Williamsburg Condo Development Reaches 70 Percent Sales Threshold
The luxury condominium development 125 North 10th Street has surpassed the 70 percent sold level.
DEAL OF THE DAY: Boston Capital Invests $16M Tax Credit Equity for Affordable Housing Rehab
Boston Capital has invested $16 million in Clarendon Hill Towers
Work Begins On DC Transit-Oriented Apartments
Urban Atlantic and A&R Development Corp. have broken ground on a transit-oriented mixed-use development.