Business Specialties
Leading Furnished Apartments Rebrands as V-Suites
Leading Furnished Apartments, an industry leader in furnished apartment rentals and the furnished housing division of Village Green, has formally changed its name to V-Suites. The company also announced the launch of a new website.
TODAY’S DEALS: Walker & Dunlop Provides $71.3M for SoCal Apartments
Walker & Dunlop provides MG Properties with two loans; Centerline Capital refinances a 131-unit Manhattan asset; and HFF closes a $29 million sale of a development site on Biscayne Bay in Miami.
MHN PROFILE: Opportunities Still Exist in Chicago for Acquisition of Lender-Owned Assets, Says Kiser
If you are interested in acquiring small-scale distressed properties, Lee Kiser, principal of Kiser Group, has this to say: “Welcome to the club.”
Suburban D.C. Apartments Win LEED Gold
Solaire Metro Apartments in suburban Washington, D.C., has earned LEED Gold.
Pennrose Named Property Manager for 148-Unit Pittsburgh Community
Real estate development and management company Pennrose has added the Pittsburgh apartment community Cloverleaf Village Apartments to its management portfolio. Pennrose will manage the community on behalf of Winshaw Partners.
VA, HUD and Jon Bon Jovi Announce “Project Reach” Grand Prize Winner
The Department of Veterans Affairs (VA) has announced the winner of a mobile application competition designed to make local assistance resources accessible to people helping homeless Veterans and others in need.
First-Quarter Economic Growth Stronger Than Expected
Recent data indicate that economic growth in the first quarter has accelerated to an above-trend—but likely unsustainable—pace of 3.2 percent, according to Fannie Mae’s Economic & Strategic Research Group.
MHN Interview: New Issues Affecting Affordable and Market-Rate Development
MHN talks with Orlando Carera, counsel, and Greg Young, a new partner, both in the Real Estate Practice Group of Squire Sanders, about development and investment trends, and their thoughts on how the sequester will affect the multifamily industry.
Spruce Up Your Balconies with DesignRail
The balcony is the only outdoor space that most apartment renters can call their own. A new railing helps improve both the amenity and your asset’s curb appeal.
Arbor Expands CMBS Lending Platform with Appointment of Three Industry Veterans
Arbor Commercial Mortgage announced the second phase expansion and development of its CMBS and Syndication platform with the addition of three industry veterans.