Finance & Investment
The Multifamily Market Cycle
What at-large economic trends mean for the apartment industry.
Greystone Receives Top Award at Fannie Mae DUS® Meeting
For the third consecutive year, Greystone Servicing Corporation Inc., a leading national provider of multifamily and commercial mortgage loans, was named the Leading Small Balance Loan Lender by Fannie Mae.
SPECIAL REPORT: Real Estate Recovery, Rebounding Investment Noted at ULI Conference
Among the concerns cited by speakers at the Urban Land Institute’s recent Real Estate Capital Markets Conference held in New York are the relative dearth of debt capital, possible refinancing difficulties ahead and the current and potential effects of the European economic crisis.
MHN Interview: Why Now Is a Good Time for Multifamily Acquisitions
MHN speaks with W. Dean Henry, president of Legacy Partners Residential, about why now is the best time for multifamily acquisitions.
Sugar House Awaits $400M Revival on Streetcar Route
By Alex Girda, Associate Editor The Sugar House district is among the sections of Salt Lake City that has been affected most severely by the economic downturn. But thanks to the recent resurgence of investment in development, Sugar House could be on the verge of getting a new lease on life. A report from the […]
City Fund Could Yield $50M Yearly for Affordable Housing
By Alex Girda, Associate Editor Mayor Edwin Lee recently announced that the San Francisco is taking steps to revitalize its affordable housing market. The proposed Housing Trust Fund will generate between $20 million and $50 million annually to jump-start development of affordable housing, the Huffington Post reports. The effort will help produce more than 9,000 […]
$32M Residential Project Breaks Ground in the Galindo Neighborhood
By Camelia Bulea, Associate Editor A new residential project recently broke ground at South Fifth and Cumberland streets and is expected to bring 119 condominiums, townhomes and flats to the area. According to The Austin-American Statesman, developing the project is a partnership that includes Terry Mitchell, president of Momark Development, along with Adam Nyer of […]
A Big Appetite for Small Loans
Seeking to ramp up business, banks are presenting features that are out-bidding Fannie Mae.
MAA Buys 230-Unit Buckhead Apartment Community
By Georgiana Mihaila, Associate Editor Memphis, Tenn.-based MAA, an apartment-only real estate investment trust, recently added the 230-unit Allure in Buckhead Village community to its portfolio of over 49,000 apartment units spread throughout the Sunbelt region of the U.S. While the company is currently selling several of its Atlanta-area assets and an acquisition was not […]
MHN Interview: Affordable Housing Gets Some 'Southern Charm'
Milton Prat, senior vice president, The Michaels Organization, speaks to MHN about their new affordable housing community in Montgomery, Ala.