Comments From HUD Are Knee-Jerk Reaction
Federal Housing Administration (FHA) multifamily financing veteran, Bud Malone, comments on proposals by the Department of Housing and Urban Development to tighten FHA requirements.
Severe Winter Weather Causes Pending Condo Sales to Drop
Pending home sales, including both single-family and condo properties, showed an unexpected decline in January, according to the National Association of Realtors (the organization doesn’t separate the kinds of residential property in this case), partly due to bad weather across the Northeast.
MyNewPlace Launches Listing, Syndication Service
MyNewPlace has launched RentEngine, an integrated listing tool and syndication service designed to maximize a community’s online marketing through systematic listing, posting, tracking and reporting capabilities.
San Macros Commons Project in Metro Phoenix Restarts
The San Marcos Commons project in downtown Chandler, Ariz., a suburb of Phoneix, has resumed development after securing funding from Wells Fargo for its second and final residential phase of 42 townhomes.
New Haven Company Turns 100 This Year
The Wm. M. Hotchkiss Co., based in New Haven, recently celebrated its 100th year in business.
Andrew Tate Joins Colliers International’s Phoenix Office
Colliers International–Greater Phoenix has hired Andrew Tate in the Phoenix office as senior vice president of multifamily investments. Tate has specialized exclusively in the sale of multifamily properties in metro Phoenix for the past 20 years.
America on Sale: Foreign Investors are Cashing In
Doomsday predictions in the U.S. commercial real estate market are becoming more prevalent on a daily basis and the potential for commercial mortgage defaults is said to reach $1 trillion by 2012.
Suit Regarding Multifamily Accessibility Settled Before Trial
A settlement has been reached between the U.S. Department of Justice and a Knoxville company and other defendants in a lawsuit over whether the design and construction of 21 multifamily housing complexes in Tennessee discriminated on the basis of disability.