Finance & Investment
PROFILE: Alchemy Properties Inc.
Some market observers may not think of this as much of a condominium market, but the 21-year-old Alchemy Properties Inc. is continuing to develop condos in the Manhattan market as usual.
Salt Lake County Offers Financial Support for High-Density Development Along TRAX Line
By Gabriel Circiog, Associate Editor Salt Lake County has shown its financial support for a proposed high-density development along the new TRAX line running through West Jordan. The 40-acre project, located at 9000 S. Bangerter Highway, will include 1,400 residential units and commercial buildings. The Salt Lake Tribune reports the County Council agreed to approve […]
Rising Demand Boosts LIHTC Credits
Much like the rest of the multifamily sector, the Low Income Housing Tax Credit (LIHTC) niche has seen a revival in the last two years.
Real Estate Experts Weigh in on Obama’s Proposed Carried Interest Tax
Experts discuss possible consequences of Obama’s proposed carried interest tax on the real estate industry.
Oklahoma City Apartment Property Seeks Buyer
Recently ARA was tasked to take the 708-unit Lincoln at Central Park apartment property in Oklahoma City to the investment market to look for a buyer, and has ‘found interest from most every investor type.’
David Brickman Takes Over as Head of Multifamily at Freddie Mac
David Brickman was named senior vice president, multifamily, at Freddie Mac in June, succeeding Michael May.
MHN Interview: Bud Malone, CEO of Mortgages USA
MHN interviews Bud Malone, CEO of Mortgages USA, who describes the current outlook for multifamily and explains why he considers rentals ‘a great wake up from the American Dream.’
Profile: Transwestern
The Sunbelt may still be hot. Steve Pumper, executive managing director, Investment and Asset Services Group, Transwestern, believes there is still a lot of growth potential left in the warm southern states.
Profile: Jonathan Rose Companies
New York–Here is an investment strategy with a difference: Jonathan Rose Companies is looking to purchase apartment properties–affordable apartment properties, that is.
Obama’s Proposed Carried Interest Tax Potentially ‘Devastating’ for Multifamily
Could job creation come at the expense of multifamily owners? The proposed carried interest tax could theoretically cripple the multifamily industry.