News
Five Bozzuto Apartment Communities Ranked in National Online Reputation Survey
Bozzuto Management Company announced that out of 48,000 apartment communities analyzed in the first national Online Reputation Assessment (ORA), five communities in its portfolio were named to the top 100 list.
Competition to Finance Multifamily Will be Keener than Ever in ’15
Multifamily lending is the still dominated by Fannie Mae and Freddie Mac, but other lenders are increasingly important in the space, according to a recent report by JLL.
TODAY’S DEALS: Lyon Communities Closes Two Lease Up Loans
HFF arranges two lease up loans for Lyon Communities; NorthMarq closes $61.5 million for three Pennsylvania assets; and Hunt Mortgage funds a $11 million Fannie Mae refinancing.
Achieving a ‘Significant’ Rental Increase
Terracap Management has acquired Harbour Pointe Apartments, a 234-unit apartment community in Bradenton, Fla., from MK Equity Corporation for $21.115 million.
Economy Watch: Jobs Are Growing, But Housing Isn’t. Here’s Why
The Chicago Fed reported on Monday that its National Activity Index was back in the positive in January.
Renowned International Designer Launches First Miami Project
The man behind building for New York’s 1 percent has unveiled his first project in Miami.
Taking Advantage of Low Levels of Apartment Vacancies
Wood Partners has broken ground on Alta Yorktown, a 226-unit multifamily property one mile west of downtown Dallas.
TODAY’S DEALS: Vulcan Cashes Out in South Lake Union
Vulcan announces its third South Lake Union sale this month; Greystar and The Carlyle Group sell an Austin asset; and The Preiss Co. acquires student housing.
How The Habitat Company Manages Transitions
MHN recently spoke with Sheila Byrne, vice president of property management at The Habitat Company, about the property management company being appointed new property manager for McClurg Court Center in Chicago and Coventry Glen in Chicago’s northwest suburbs.
Luxury Boutique-Size Multifamily Property Offers Unique Experience
Construction is under way on the Iron City Lofts project in downtown Birmingham, Ala.