Finance & Investment
CHW to Break Ground on Green Affordable Housing Community in Vista, Calif.
Community HousingWorks will hold a ground breaking ceremony to kick off construction on its latest development, North Santa Fe Apartments.
The ROI of LED: Why Marnie Abramson Fell in Love with Lighting
Marnie Abramson, M.B.A., M.S., LEED AP, the co-founder of NextGen LED, knows a thing or two about owning and operating green buildings that provide a return on investment. Her family owns The Tower Companies where she served for a number of years as a principal and communications director.
TODAY’S DEALS: Pacific Southwest Arranges $32M for Calif. Apartments
Pacific Southwest Realty Services secures $32 million for a 447-unit asset via a life company; NorthMarq Capital negotiates a $26.3 million student housing acquisition in West Virginia; and Centerline provides a $4.8- million FHA 223(f) loan to refinance an affordable housing property.
Multi-Housing Refinancing Dilemma: Pay Now, Or Lock In Later?
Should an investor shoulder that pre-pay penalty now and refinance, or does it make sense to wait a year or two?
APARTMENT MARKET STATISTICS: April 2014
Apartment total returns for the reporting members of the National Council of Real Estate Investment Fiduciaries fell during 2013, to 2.48 percent in the fourth quarter.
APARTMENT MARKET STATISTICS: March 2014
Multifamily lending by banks increased by $8.1 billion during the third quarter of 2013, according to Chandan Economics.
PROFILE: Corporate Housing Firm Connects Luxury Condo Owners to Extended-Stay Market in New York City
Companies today are eager to hire temporary workers. And that is a boon for the corporate housing sector, says Suzanne Miller, president of Empire State Properties.
ULI Spring 2014: Smart Moves for Smart Capital
While institutional capital isn’t necessarily known for its flexibility and innovation, an environment of accelerating change in business conditions has some companies adjusting their strategies for securing high yields while minimizing risk.
TODAY’S DEALS: NorthMarq Negotiates $118M Refinancing for Transit-Oriented Apts. on Behalf of Prometheus
NorthMarq Capital’s San Francisco-based regional office announces the refinancing for of two adjacent downtown properties located in Mountain View, Calif.; and Bernard Financial originates a $5.2 million loan.
TODAY’S DEALS: The Bassuk Organization Closes $73.5M for NYC’s Chelsea Tower
The Bassuk Organization closes $73.5 million with TIAA-CREF for a luxury apartment community in New York; ARA arranges a 352-unit sale in Washington; and HFF brokers a $5.65 million sale, and closes a three-year, interest-only, loan for the acquisition of an apartment community.