Business Specialties
Applicant Credit Risk Improving Alongside Increases in Rental Prices
A recent report by TransUnion has found that rental applicant credit risks improved by 0.8 percent between Q2 2013 and Q2 2014 despite increases in rent prices.
TODAY’S DEALS: California Investor Sells 559 Units in San Antonio
ARA brokers a 599-unit sale for Regional Investment & Management; Grandbridge closes a $33 million refinance for a Texas apartment community; and NorthMarq Capital arranges a $21.4 million construction loan.
‘What Renters Want’ with Jessica Fiur: Are You Doing This Crucial Step for New Employees?
It is important to train your new employees so that they know community procedures and how to properly interact with residents.
IREM, City of Houston Join Forces on Local Sustainability Initiative
The Institute of Real Estate Management (IREM) and the City of Houston have signed A Memorandum of Understanding outlining a collaborative relationship and division of labor.
TODAY’S DEALS: Allianz Provides Permanent Financing for Class A Cincinnati Asset
HFF arranges permanent financing for a Flaherty & Collins property; Berkadia arranges nearly $80 million for a multifamily portfolio in Los Angeles; and National Cooperative Bank originates $60.5 million in new loans during August.
Peak Campus Management to Manage Student Housing Near Southern Illinois U
Peak Campus Management will manage The Edge, a planned purpose-built student housing asset located near Southern Illinois University-Edwardsville, slated to open in the fall of 2015.
Digital IrriGreen Sprinklers Match Shape of Lawn, Cut Water Use in Half
Using technology adapted from commercial inkjet printers, the IrriGreen Genius Irrigation System features digital sprinkler heads that match watering patterns to the exact shape on any lawn.
PMRG Brings Property Management In-House for the Multifamily Division
PM Realty Group (PMRG), a nationally recognized, full-service commercial real estate firm, announced that it has brought property management services in-house for the multi-family division.
Helping Multi-Housing Residents Stay on Top of Repairs: A Conversation with Travtus’ Tripty Arya
Travtus, an Indian construction company with offices in Mumbai, New Delhi and Singapore, specializes in design/build services and is a key player in the emerging infrastructure and development industry in India. The company’s portfolio of projects has ranged from road infrastructure to industries and from high rises to institutions in both remote and metropolitan regions of the country. An architect by training, who understands the perspective of the international real estate development community, Tripty Arya, vice president for projects at Travtus, also understands the critical role played by technology in the multiple dwelling business environment. So it’s no surprise that…
TODAY’S DEALS: Capital One Bank Provides $277M Construction Loan for Brooklyn Waterfront Apartments
Capital One Bank announced it completed the syndication of a $277 million construction loan for a ground up development; ARA brokers Pauls Corp.’s sale of 21 Fitzsimons; and Ross taps Federal Capital Partners to recapitalize 2,044 units in Washington, D.C.