Finance & Investment
The Multifamily Upcycle Still Has Legs
The multifamily rental housing sector continues to benefit from high demand and limited supply.
TODAY’S DEALS: Canyon Capital Provides $124M Senior Construction Loan for Miami Development
Canyon Capital Realty Advisors has provided $123.6 million for a 57-story luxury residential condominium development in the heart of Miami’s Financial District; and NorthMarq Capital’s Seattle office finalizes two multifamily transactions totaling $52.709 million.
Economy Watch: FHFA Home Price Index Sees Late Summer Uptick
U.S. house prices saw an unusually strong uptick in August compared with July, according to the Federal Housing Finance Agency monthly House Price Index.
MHN Interview: The Metrics of Multifamily Investment
Magellan Development Group recently launched Magellan Investment Partners, which will invest, acquire and renovate multifamily communities nationally. MHN recently had the chance to sit down with Marc Swerdlow, principal and COO, and David Levin, principal and CIO, about the focus of Magellan Investment Partners and how they are going to differentiate the company.
Brian P. Brooks Appointed Executive Vice President, General Counsel, and Corporate Secretary
Fannie Mae announced it has appointed Brian P. Brooks, 45, as executive vice president, general counsel and corporate secretary effective November 10.
Multi-Housing News: Inside the October 2014 Issue
Read the articles from the latest digital issue of Multi-Housing News.
WNC Provides $6.06M in LIHTC to Fund Redevelopment Project
WNC has announced the completion of redevelopment efforts at the 112-unit Village Green Senior Apartments in Decatur, Ind.
New TransUnion Study Finds Big Changes in Last Decade for Consumer Loan Wallet
A new TransUnion study revealed that over the last 10 years, the consumer loan wallet, defined as the composition of loans that people typically carry, has materially changed for both the youngest and oldest segments of the population.
Renters by Choice Fuel Multifamily Marketplace
Within the next decade, 5 to 6 million new-renter households will be created. Resort-style amenities, convenience and flexibility are among the benefits of apartment living.
Fixed Versus Floating
There may still be benefits to selecting adjustable-rate, not fixed-rate, mortgages.