Finance & Investment
Editor's Note: New Year, New Opportunities
Multifamily has much to look forward to in 2012.
Affordable Seniors Housing Benefits from Unique Financing Transaction
A unique financing agreement recently allowed for the redevelopment of an affordable seniors housing community in San Francisco.
PROFILE: Lee and Associates
Lee and Associates is today busy finding deals for REITs, financial institutions and private owners.
TODAY'S DEALS: MAA Acquires Two Properties for $67.5M
MAA picks up two properties totaling 480 units; HFF secures $42 million through Prudential for apartments in the Terra Vista master planned community; and McCann Realty Partners breaks into the Austin market with a 208-unit purchase.
SPECIAL REPORT: Conference Discusses Multi-Housing Environment Without Fannie and Freddie
What would a multifamily world without Fannie and Freddie look like? Speakers at a panel preceding the New York Housing Conference and National Housing Conference’s 38th Annual Awards Programs contemplated the possibilities and made the case for continued government involvement in multifamily financing.
Behringer Harvard, Heitman Form Multifamily Investment Partnership
Behringer Harvard Multifamily REIT I Inc. has entered into a new co-investment partnership with a major pension fund advised by Heitman LLC.
TODAY'S DEALS: Camden Purchases 940-Unit Houston Portfolio
Camden purchases a sought-after portfolio of three properties in Houston; and NorthMarq funnels a $46.4M long-term loan from a life insurance company.
Equity Residential Enters into Billion Dollar Agreement to Acquire Interest
Equity Residential announced it has signed a contract to acquire 26.5 percent ownership interest in Archstone, a privately held owner, operator and developer of multifamily properties. The agreement was for $1.325 billion, in cash.
Top Deals of 2011
The apartment market returns to its norm with large investment sales transactions.