Business Specialties
Detroit Revitalization Fellows Program
Detroit–Wayne State University has launched the Detroit Revitalization Fellows Program, to build the capacity of public, for-profit, nonprofit and other organizations to facilitate the redevelopment of Detroit.
Fundthatdeal.com Offers Up to 100% Private Funding for Real Estate
After a successful pilot, fundthatdeal.com, a new online matchmaking service that connects real estate entrepreneurs with wealthy private investors, has launched.
Freddie Mac Securitizes More Multifamily Mortgages
McLean, Va.–Freddie Mac has made a new offering of about $1 billion of K-011 Certificates, backed by 76 recently originated multifamily mortgages.
Receivers: the New Link to Buying Distressed Properties
With distressed properties at record levels, an increasing number of REITs and developers are turning to receivers to find bargains and lenders are turning to the same source to help salvage troubled loans.
What Renters Want: Student Housing
At the 2011 NAA Student Housing Conference, college students from across the United States talk to MHN about what is important to them in student housing, including what they expect from property management.
Aries Capital Affiliate Awarded $35M in New Markets Tax Credits
Chicago–Urban Development Fund L.L.C. has received an allocation totaling $35 million under the NMTC program for redevelopment of low-income areas in the United States.
New Affordable Seniors Apartments Underway in Suburban L.A.
West Covina, Calif.–Work has begun on 65 new residences at West Covina Senior Villas II, an affordable senior housing project east of Los Angeles.
Affordable Housing Project Springs Up in Affluent L.A. Suburb
Neighbors were not initially receptive to Mirandela, a 34-residence affordable seniors housing apartment property, but the finished product has brought nothing but accolades.
Dolben Hires Two Property Managers
Woburn, Mass.–The Dolben Company, Inc. has hired two regional property managers, Tim Bostrom and Derek Olszanowski.
Waterton Goes Hunting for More Multifamily
Chicago–Waterton Residential has closed on a $500 million multifamily investment fund that will specialize in seeking value-add multifamily opportunities through repositioning and recapitalization properties.