Business Specialties
TODAY’S DEALS: Canyon Capital Provides $124M Senior Construction Loan for Miami Development
Canyon Capital Realty Advisors has provided $123.6 million for a 57-story luxury residential condominium development in the heart of Miami’s Financial District; and NorthMarq Capital’s Seattle office finalizes two multifamily transactions totaling $52.709 million.
Economy Watch: FHFA Home Price Index Sees Late Summer Uptick
U.S. house prices saw an unusually strong uptick in August compared with July, according to the Federal Housing Finance Agency monthly House Price Index.
MHN Interview: The Metrics of Multifamily Investment
Magellan Development Group recently launched Magellan Investment Partners, which will invest, acquire and renovate multifamily communities nationally. MHN recently had the chance to sit down with Marc Swerdlow, principal and COO, and David Levin, principal and CIO, about the focus of Magellan Investment Partners and how they are going to differentiate the company.
Powertree and Panasonic Bringing EV Charging to SF Apartment Buildings
Scores of electric vehicle charging stations are coming to multifamily properties in San Francisco in coming months, thanks to an initiative teaming Panasonic Enterprise Solutions Company and San Francisco-based Powertree Services Inc.
Court Gives Nod to 1932 Florida Supreme Court Case, Blocking Developers’ Ability to Avoid Additional Payments
We are often asked when representing a client in defense of a claim whether the client could avoid the liability asserted by the claimant by potentially buying the cause of action out from under the claimant. The most common circumstance is when the plaintiff has an adverse uncollected judgment or, perhaps, owes money under a promissory note in default or construction lien.
Brian P. Brooks Appointed Executive Vice President, General Counsel, and Corporate Secretary
Fannie Mae announced it has appointed Brian P. Brooks, 45, as executive vice president, general counsel and corporate secretary effective November 10.
WinnCompanies Tapped for Management Responsibilities at Lumiere
Criterion Development Partners has selected WinnResidential to oversee management of its new Medford, Mass., property, Lumiere.
Multi-Housing News: Inside the October 2014 Issue
Read the articles from the latest digital issue of Multi-Housing News.
WNC Provides $6.06M in LIHTC to Fund Redevelopment Project
WNC has announced the completion of redevelopment efforts at the 112-unit Village Green Senior Apartments in Decatur, Ind.