News
Economy Watch: Cities Took it on the Chin During Recession
The Pew Charitable Trusts released a report that quantified how difficult the recession and post-recession years were for the 30 largest U.S. cities.
Avoiding Frequent Liability Pitfalls in Common Areas
Claims against apartment complexes, management companies, extended-stay lodging facilities and condominiums make up a significant portion of personal injury claims and lawsuits.
Alliance Residential Partners with IREM
Alliance Residential has teamed with the Institute of Real Estate Management (IREM) to offer two of the industry’s real estate management credentials available to Alliance associates through its learning management platform, Alliance University.
Freddie Mac Picks Lenders for Small Loan Product
Freddie Mac has tapped three lenders as the first ones to sell loans to the company as part of its new Small Business Lending product: Hunt Mortgage Group, Greystone Servicing Corp. and Arbor Commercial Mortgage.
TODAY’S DEALS: W.P. Carey Grabs Pair of Georgia Apartment Assets for $46M
W.P. Carey-led investment group grabs 444 units in Georgia; HFF arranges financing for a 520-bed student-housing asset in California; and Red Capital provides a $3.85 million balance-sheet construction mezzanine loan.
Shuster Group Reaches 80-Percent Occupancy at Jersey City Apartment
The Shuster Group has reached 80 percent occupancy on The Art House, a luxury multifamily building in downtown Jersey City, with approximately 100 of the 119 new residences now leased.
Economy Watch: Oil Prices Slide More
The worldwide price of oil continued its fall with the international benchmark Brent crude coming in at $82.34, the lowest price in more than four years.
Watch Multifamily Technology: Past and Future Webinar On Demand!
To celebrate the 10th anniversary of MHN’s Tech Choice Awards, we’re hosting a webinar titled “Multifamily Technology: Past and Future” tomorrow from 1 p.m. to 2 p.m. EST.
Candlebrook and Lubert-Adler Acquire Student Housing for $230M
Candlebrook and Lubert-Adler Partners have acquired five student-housing properties in various parts of the Eastern United States from Trinitas Ventures for $230 million.