News
Peak Campus Expands Portfolio with More Than 1,000 Beds
Peak Campus was named manager of two properties totaling over 1,000 beds in Lawrence, Kan., and Conway, Ark.,s by Collegium Capital Partners.
Economy Watch: Good Times for Hotels, But Properties Are Harder to Develop
Apartments have been the darling of the recovery since the recovery started, but the hotel market has snapped back from the dark days of 2009 and ’10 almost as dramatically.
TODAY’S DEALS: NorthMarq Closes $32.6M for Kansas Community
NorthMarq arranges refinancing for a 298-unit asset; Hunt provides two Fannie Mae loans in Wisconsin; and iStar Atlanta condo sales hit $12 million in the first quarter.
ConAm Group Acquires Denver-Area Aparments
The ConAm Group has acquired PeakView Place, a 296-unit apartment property in metro Denver, for an unspecified price.
Ted Meylor Assumes Role of CEO for RED Capital Group
RED Capital Group and ORIX USA Corporation announced that Edward Meylor will be assuming the role of CEO for RED Capital Group, as Mike Moran, current CEO, transitions back to the parent company, ORIX USA.
What Renters Want with Jessica Fiur: 8 Traits to Look For in a Multifamily Employee
Resumes don’t always tell you everything about a job candidate. Here are some character traits you might want to look for in your multifamily employees.
LeFrak Celebrates Major Milestone in Ongoing Capital Improvement Program
The West Courtyard facility, located at the corner of Junction Boulevard and 57th Ave. in New York, is officially opened.
Bringing Urban Amenities to a Canadian Lakefront Property
LJM Developments, a developer based in Burlington, Ontario, plans to begin construction soon on a luxury housing and retail development project called Waterview Condominiums.
Economy Watch: ULI Predicts Healthy Real Estate Markets Through ’17
With its weakened job growth, sluggish GDP expansion, and uncertainty about interest rates, the first quarter produced some jitters about the economy, and thus the potential for further real estate growth.
TODAY’S DEALS: Columbus Mixed-Use Community Trades Hands
PCCP provides a high net-worth investor with an acquisition loan; Greysteel arranges a 57-unit sale in Texas; and Pillar originates $9.2 million for the acquisition of an affordable property.