Business Specialties
Brooklyn Development Properties Acquired by Greystone
The New York City-based real estate development and financial services company Greystone has acquired two Brooklyn, N.Y., development properties totaling more than $50 million in value.
Special Report: How to Make Mixed-Use Development Work in Neighborhood Revitalization
At the New York State Association for Affordable Housing’s 14th Annual New York State Affordable Housing Conference in New York in the session “Financing Mixed-Use Development,” speakers discussed why mixed-use buildings could be critical to neighborhood revitalization.
Gates Hudson Adopts the Yardi Multifamily Solution
Yardi announced that real estate investment and management firm Gates Hudson selected Yardi Voyager™ as its new property management and accounting platform.
Economy Watch: Strong Q1 for Fannie Mae
On Thursday, a day after Freddie Mac reported sizeable income in the first quarter, the considerably larger GSE Fannie Mae reported income of $8.1 billion for the first quarter of 2013, compared with income of $2.7 billion in the first quarter of 2012 and income of $7.6 billion in the fourth quarter of 2012.
Special Report: How Hurricane Sandy Continues to Affect Multifamily
At the New York State Association for Affordable Housing’s 14th Annual New York State Affordable Housing Conference, speakers discussed the effect of Hurricane Sandy and what developers in flood zones should plan for in the future.
A Sunny Outlook for Conergy’s Second Solar Project in Romania
Conergy, one of the world’s leading PV solution and service providers, is expanding its footprint in the Romanian market with the development of a 2-megawatt solar power plant in the region of Slobozia.
MARKET SNAPSHOT: Rent Growth Expected to Stall as Deliveries Ramp Up in Portland
Set to dwindle from its post-recession peak, the Portland, Ore., metro is expecting slight vacancy increases along with a precipitous contraction in rent growth in the coming years.
Economy Watch: Freddie Mac in the Black
Freddie Mac reported that it had a net income of $4.6 billion for the first quarter of 2013, compared to a net income of $4.5 billion for the fourth quarter of 2012.
MHN Interview: Is Investment Fatigue on the Horizon for Multifamily Development?
How is the state of development in multifamily, particularly in the Southeast? MHN talks to Summey Orr, managing partner, Hartman Simons, about development trends and why fewer new investors are coming to the market.