News
ConAm Announces Changes in Executive Ranks
The ConAm Group, a San Diego-based real estate investment, development and services firm, announced that Rob Singh, will be returning to the company as president and chief investment officer.
TODAY’S DEALS: Massachusetts Buyer Finds Value Outside Atlanta
Aspen Square Management buys 440 units in Peachtree Corners, Ga.; Berkeley Point arranges $24.2 million for a senior housing asset in Utah; and Capital One Bank closes a Fannie Mae loan for manufactured housing.
What Renters Want with Jessica Fiur: 5 Ways to Give Your Community an Apple Watch Makeover
Yesterday Apple had a huge announcement where they gave more details about their soon-to-be-released Apple Watch. Property managers, take note!
NMHC Study: Rental Boom is Boon to the National Economy, Contributing $1.3 Trillion in 2013
The multifamily housing rental boom is a real boon to the economy and local communities. Fueled by demographic changes like the burgeoning Millennial population and a rediscovery of metropolitan urban cores, the apartment industry and its 36 million residents contributed an impressive $1.3 trillion to the U.S. economy and supported 12.3 million jobs in 2013.
EBSCO Income Properties Receives $39.5M in Financing for Two Acquisitions
Affiliates of EBSCO Income Properties have received 39.5 million in GSE loans for the acquisition of two apartment communities in the Southeast.
Meshing Vintage City Life with Upscale Design
Located near the invigorated neighborhoods of Roland Park, Hampden and Medfield, The Icon Residences will feature 379 luxurious apartments, premier shops, restaurants and office space.
Economy Watch: Could Student Debt Negatively Affect Real Estate?
One aspect of consumer credit has a time-bomb potential when it comes to the health of the economy, and even certain aspects of residential and even commercial real estate: student loans.
Passco Bags New Apartment Community in Tampa Area for $54M
Passco Cos. has acquired the recently completed Azure Luxury Apartments, a 308-unit property in St. Petersburg, for $54 million.
CityView Hires VP of Development
CityView, an investment management and development firm focused on urban multifamily real estate in the Western United States, announced that H. Michael Schwartzman has joined the firm’s Los Angeles office as vice president of development.
TODAY’S DEALS: PAC Grabs Newly Built Sarasota Asset
Preferred Apartment Communities grabs 237-units; CIT arranges financing for a Queens development; and Aries Capital obtains a refinance containing a $1.1 million cash out.