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TODAY’S DEALS: NorthMarq Arranges $23.25M Life Insurance Company Loan with Advance Rate Lock

NorthMarq Capital brokers first mortgage refinancing of $23.25 million for Woodlake Apartments in Gurnee, Ill.; and Los Angeles County apartment complex changes hands at $9.9 million.

Keat Foong - August 16, 2013

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Economy Watch: Household Debt Continues to Drop

The Federal Reserve Bank of New York, in its latest Household Debt and Credit Report, reported on Wednesday that outstanding U.S. household debt declined by $78 billion from the previous quarter, due in large part to a decline in housing-related debt. In 2Q13 total household indebtedness fell to $11.15 trillion, a drop of 0.7 percent compared with the previous quarter, and 12 percent below the peak of $12.68 trillion in 3Q08. One way or another, Americans are still deleveraging.

Diana Mosher - August 15, 2013

Affordable Housing

AMCAL Completes LA County Affordable Housing

Park Place Apartments, a part of the redevelopment of the Lynwood Gardens neighborhood in Lynwood, has opened. The 99-unit affordable housing project replaces an outdated commercial building and rundown market on the site.

Diana Mosher - August 14, 2013

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Seattle’s Eco-Friendly Stream Uptown Community Begins Leasing

Stream Uptown, a 118-unit, Class-A, mid-rise apartment community in Seattle’s Uptown enclave, has begun leasing residences. The announcement was made by Stream Real Estate LLC, a Seattle-based company focused on developing multifamily residential properties in the core of the Emerald City.

Diana Mosher - January 21, 2013

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Editor’s Note: New Year, New Opportunities

Happy 2013! As we ring in the New Year, MHN’s January issue delves into the multifamily investment landscape

the Editors of Multi-Housing News - January 4, 2013

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TODAY’S DEALS: Jones Lang LaSalle Closes $58.75M Sale of Nashville Property

Jones Lang LaSalle’s Capital Markets experts completed the sale of Eleven North, a rare Class A, institutionally owned apartment community; and HFF arranges the sale of, and financing for, a 1,447-unit Camden portfolio.

Keat Foong - November 30, 2012

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TODAY’S DEALS: HFF Arranges $96M Financing on Behalf of LCOR

HFF placed two fixed-rate loans with Allianz Real Estate of America; and Glassover, Catalyst broker off-market Florida sale.

Keat Foong - October 29, 2012

Architecture & Design

SPECIAL REPORT: The New Apartment Development Cycle Targets Generation Y

The new apartment development cycle focuses on the needs and wants of a huge demographic that is now entering prime renter age–Generation Y, said Rohit Anand, KTGY Principal, during MHN’s Excellence Awards ceremony held in New York.

Keat Foong - September 26, 2012

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