Finance & Investment
Capital may seem abundant when it comes to the big players and the big projects. For the other guys, obtaining financing for new construction requires some creativity.
Dallas–Atlanta-headquartered ARA announces the addition of Richard Furr to ARA’s Dallas brokerage office. Furr will lead the Private Client Services team, specializing in product located throughout the Metroplex. Previously, Furr was head of acquisitions and a member of Milestone’s Investment Committee. Prior to that, he was an acquisition partner and divisional senior vice president at JPI. He has been responsible for over $1 billion of multifamily transactions throughout his 20-year career. Furr is a graduate of Texas Tech University and received his master’s degree in Land Economics and Real Estate from Texas A&M University.
Novato, Calif.—Realfacts and Meyers LLC have announced a strategic partnership to position itself as the preeminent source of information to the apartment industry. Together, they will provide a variety of services to meet the growing need for reliable data coupled with interpretive data analysis. The two entities lend 50+ years of experience in building successful businesses with respected brands. The partnership is a strategic alliance geared to comprehensively examine apartment markets as that sector gains momentum. Recent increases in demand and occupancy paint a healthy picture for apartment owners and investors in the next two years. Meyers and RealFacts each…
Alan Hammer, managing member at Brach Eichler, shares what he believes to be the pillars of a solid investment in multifamily.
Meeting the demands and desires of millions of new apartment dwellers will continue to provide investors with solid returns, now and well into the future.