Business Specialties
Cali Bamboo Introduces First Composite Deck Made from Bamboo
Cali Bamboo has upped the bar for composite decks with its new BamDeck Composite Bamboo Decking. The resilient material features 60 percent recycled bamboo fiber and 40 percent recycled ‘number 2’ plastics from bottles, laundry detergent containers, plastic bags and water pipes.
Foolproof Your Disaster Plan
Redundancy and back-up of data are critical to access rent rolls and contact information.
Strong Market Challenges
Multifamily remains the best-financed commercial real estate sector, but expect hurdles in acquisition/rehab financing.
Upbeat Assessment in Ariel Property Advisors’ Q2 Report
Ariel Property Advisors’ second quarter multifamily report indicates New York City multifamily transactions increased 48 percent in the second quarter of 2012, vis-à-vis the same period one year earlier.
TODAY’S DEALS: HFO Completes $23M in Pacific Northwest Sales
HFO completes five sales; and Beech Street closes a $14.2 million Fannie Mae DUS loan to refinance a four-property portfolio in Brooklyn, N.Y.
Boston Apartment Market Sees Mixed 2Q Rental Rate Movements
A subsidiary of Zillow, RentJuice, reports that average asking apartment rents climbed by 4 percent in the Boston metro area in the second quarter of 2012, those same neighborhoods saw the effective cost of rental space drop.
Putting Families First
John Picerne has found success serving the families that serve our country.
MHN Interview: The Importance of Relationship Lending
Joseph Orefice, senior vice president of Investors Bank’s Commercial Lending Group, talks about the lending trends in multifamily and how, despite being relatively new to the market, his company was able to become a major player in the real estate lending industry.