Equity Residential Bids on 53 Percent Stake in Archstone
Sam Zell’s Equity Residential recently came out as the lead bidder in a move to buy about 50 percent of Archstone, which is currently held by Bank of America and Barclays PLC.
‘Editor’s Notebook’ with Diana Mosher: Weigh in on S&P’s Debt Downgrade and Other Topics
Have you visited the MHN home page lately? Next time you’re there, we hope you’ll take a minute or two to share your viewpoint by participating in our poll. The topic right now is President Obama’s new mortgage plan allowing more underwater homeowners to restructure their Fannie/Freddie mortgages. We want to know if you think the plan will: 1) Slow multifamily growth because it well help the market swing back to homeownership; 2) Help multifamily growth because Gen-Y does not see the importance of homeownership; 3) Have no impact on multifamily; or 4) It’s too soon to tell. The previous…
Top 10 Tips for Acquiring Distressed Multifamily Properties
It is a great time to buy distressed apartment properties. That is, if you can find them, get them at the right price and effectively manage and lease them.
Editor’s Note: So Many Ways to Green Apartments
Editor-in-Chief Diana Mosher prepares to attend the U.S. Green Building Council’s GreenBuild.
Mapping Your Way through Due Diligence Requirements for the FHA Loan Program
For those seeking HUD financing under its Multifamily Accelerated Process (MAP) program, environmental and engineering due diligence requirements are substantially different from those required by Government -Sponsored Enterprises (GSE) such as Fannie Mae and Freddie Mac.
Editor’s Note: The Industry Steps Out to Celebrate the MHN Award Winners
Editor-in-Chief Diana Mosher discusses the winners of the 2011 MHN Excellence Awards.
How Green Is Your Apartment?: New Report Reveals Environmental Issues
Potential multifamily owners can now discover environmental issues associated with a property before they buy.
‘Editor’s Notebook’ with Diana Mosher: The Highline is Another Reason to Join MHN in New York September 19
My second job after college was a writing gig in a behemoth building on West 15th Street in the Meatpacking District. Unfortunately this was before the redevelopment wave that later transformed the area into a hipster’s haven. And by the time the Meatpacking District redevelopment started to happen I had moved on to another job in a more vibrant part of Manhattan. When it did arrive, the urban infill process began slowly: a gallery here, a designer clothing store there, then a boutique hotel and some restaurants to establish the necessary nightlife scene. And, not too long after that—or maybe…
AMCAL Receives Over $16 Million in CTCAC Funding
Agoura Hills, Calif.–The California Tax Credit Allocation Committee was awarded nearly $16.3 million to AMCAL Multi-Housing Inc., a builder of affordable and low-income housing. The funding was provided to help build three new communities across California.
Join Us for a Cocktail Party and Announcement of the 2011 Excellence Winners
Join MHN on Sept. 19 at OHM, West Chelsea’s most dynamic multifamily project overlooking the High Line, for a Case Study, “Designing Amenity Spaces that Rock–and Retain–Residents,” followed by our announcement of the winners of the 2011 MHN Excellence Awards, as well as cocktails and hors d’oeuvres on the terrace.