Feature: In Landscaping, Green is Always Good
There is never a second chance to make a first impression. In the case of a multifamily community, it is the exterior of a community that makes the first impression.
Tomson Riviera Still Selling, Despite Property Bubble Anxiety
The peak of the Chinese real estate bubble has been predicted for some time now, but if the price that an apartment in Shanghai’s Tomson Riviera complex recently fetched is any indication, buyers are still willing to pony up the big yuan. Late last year, a 600-square meter (6,450 square feet) apartment in Tomson Riviera sold for 96.09 million yuan ($19.6 million) to an unspecified but obviously wealthy buyer.
Lightstone Securities Taps Axtell to Head Northwest Region
Lightstone Securities has named Jesse Axtell vice president and northwest regional manager.
Freddie Mac Mulls Mezz Lending Plan
Dees Stribling, Contributing Editor McLean, Va.–Freddie Mac is formulating a new program to work with mezzanine lenders to expand the GSE’s multifamily mortgage origination program. According to Freddie Mac spokeswoman Patti Boerger, the details of the program aren’t finalized yet, but probably will be next month. The overall thrust of the program, however, is well defined. “The mezzanine financing would be provided by a third party and we would work with several mezzanine providers for the program,” Boerger tells MHN. “This would be a mezzanine debt solution for the refinancing of over-leveraged apartment properties.” Under the program, a select number…
Guest Column: EPA Lead-based Paint Disclosure Rule Violations
The number of enforcement actions has increased each year since 2005, with eight such actions filed in 2009.
Cambridge Realty Capital Gets New National Originations Manager
Hymie Barber has been named national originations manager for Chicago-based Cambridge Realty Capital Cos., with responsibility for generating new business and greater awareness of the company’s senior housing/healthcare funding products nationwide.
New Rental in Manhattan’s Hudson Yards
TF Cornerstone has opened 505W37, a rental project in Manhattan’s Hudson Yards.
Dubai Apartment Market Stabilizes
Infamous for how far its property markets have fallen in recent years, Dubai is seeing signs that its MF market, has touched bottom.
MHN Interview with Christopher Feeley: Demographics Are Conducive to Growth of MF
Christopher Feeley, co-founder of Oculus Capital Group talks to MHN about why he
American Properties Realty Announces Tours for Prospective Buyers at N.J. Properties
American Properties Realty said it will conduct “Pot O’ Gold,” weekend home tours