Finance & Investment

Economy Watch: GSE Delinquencies Continue to Drop

Fannie Mae reported that its single-family serious delinquency rate declined from 2.55 percent in September to 2.48 percent in October.

Multiple Partners Unveil HANAC-PCA Senior Residence in Queens

Multiple federal and state government agencies, along with members of non-profit organizations, politicians and residents celebrated the grand opening of HANAC-PCA Senior Residences Friday in the Astoria section of Queens, N.Y.

Diane Nordin Elected to Fannie Mae Board of Directors

Fannie Mae announced that the board of directors has elected Diane C. Nordin to the company’s board.

MHN Interview: Focusing on Urban Infills

Bruce Fairty was recently named partner of TDP | Bay Area Partners Inc., a new division of Thompson | Dorfman Partners LLC, which is based in Mill Valley, Calif. MHN speaks to Fairty about his new position and why he is focusing on urban infills.

Dr. Amy E. Alving Elected to Fannie Mae Board of Directors

Fannie Mae today announced that the Board of Directors has elected Amy E. Alving to the company’s Board.

TODAY’S DEALS: NorthMarq Arranges $38M Acquisition Financing for Minnesota Asset

NorthMarq Capital arranges financing for a 361-unit acquisition; Beech Street Capital Closes $32.7 million to refinance two assets in Orange County, Calif.

MHN Interview: The Benefits of Developing and Financing Supportive Housing

MHN talks to Maria Barry, community development banking executive at Bank of America Merrill Lynch, and Maria Joyce, a senior vice president in community development banking who has worked directly on the New Directions Sepulveda project, about their unique partnership.

TODAY’S DEALS: Ytech Acquires Five Communities for $35M

Ytech International acquires 1,312 units in Houston; NorthMarq Capital secures $24.1 million for a Houston acquisition; and Arbor Commercial announces its New York office funded $79M in loans.

SPECIAL REPORT: Development and Design Trends that Drive Occupancies

At a recent panel discussion presented by Multi-Housing News and sponsored by Interface and Universal Fibers an architect, investor and developer shared what they know about the development and design features that drive occupancies in apartments today.

On the Hunt

Founded in 1947, Hunt has grown from a family hardware store into a multi-billion dollar enterprise with an eye for opportunity.