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APARTMENT MARKET STATISTICS: September 2012

Multifamily permits, says NAHB, have averaged 258,000 units over the past three months—“pointing to continued strength in multifamily construction going forward.”

Company Expands Its 'Strategic Footprint' With Oregon Acquisition

Crossbeam Capital LLC, a Bethesda, Md.-based real estate investment firm, acquired the 225-unit Parkside apartment community located in Gresham, Ore.

Economy Watch: Retail Sales Spike Unexpectedly

The Census Bureau reported on Monday that retail sales jumped 0.8 percent month-over-month in March–higher than expected–as Americans spend more across the board on goods and services.

PROFILE: CNL Financial Group

A specialist in sponsoring non-tradable REITs, CNL Financial Group has taken three of its investments “full circle” in the past decade.

MHN Interview: Why Cortland Partners is Entering the Texas Market

MHN interviews Steven DeFrancis, CEO, Cortland Partners, on why now was the best time for his firm to enter into the Texas multifamily market.

Reducing Insurance Costs for Apartment Owners and Managers

Apartment ownership and management can be a risky business.

Marcus & Millichap Promotes Peter Von Der Ahe to First Vice President Investments

Marcus & Millichap Real Estate Investment Services has promoted Peter Von Der Ahe to first vice president investments.

Economy Watch: Construction Edges Down in February, But Up Over Last 12 Months

U.S. construction spending edged down a little in February, according to the Census Bureau on Monday, dropping 1.1 percent month-over-month.

Turtle Bay Towers Benefiting from Energy Savings-Financed Retrofit

A groundbreaking loan program recently announced by New York City-based FS Energy LLC, a subsidiary of FirstService Corp., is financing a sweeping energy retrofit project at New York City’s Turtle Bay Towers, a 338-apartment luxury cooperative apartment building in Manhattan.

Multifamily Financing Expands

Capital for multifamily construction is flowing–and low-cost–in the ‘right’ markets.