News

NMHC Special Report: Working Towards Workforce Housing

A panel at the 2015 NMHC Apartment Strategies Outlook Conference tackles the shortcomings of the workforce housing space, and discusses some creative strategies to bring quality, affordable housing to the middle class.

NMHC Special Report: The Demographics of Development

With more than 104 million people living in apartments in the United States, who exactly should we be developing for?

TODAY’S DEALS: Arbor Funds Five-Year FRM Under Freddie Mac’s New Loan Offering

Arbor Commercial Mortgage funded its first loan under the newly launched Freddie Mac Small Balance Loan initiative for Nettleton Commons in Syracuse, N.Y.; and BMC Capital provides a $829,411 cash-out refinance.

CAPREIT Appoints New Executive Leadership

CAPREIT, a national real estate development and investment company, has announced the restructuring of its executive leadership team through the appointment of three associates.

Construction Begins on Delray Apartments

LandSouth Construction has begun the construction on Uptown Delray, a $26 million mixed-use apartment community in Delray, Fla.

Brookfield Builds In Manhattan with Help From China

Brookfield Property Partners recently broke ground on a new 62-story residential tower in Manhattan. The $800 million structure will receive partial funding with $479 million in HFA credit enhanced bonds from the Bank of China with a seven-year term.

NYC Condo Offering What Few Others Can

Real estate developer Related Companies has announced the official launch of sales at its latest New York City condominium tower, Carnegie Park.

Economy Watch: Homebuilders Still Optimistic, Says NAHB

During the worst of the recession, the confidence of homebuilders nationwide was absolutely crushed. But homebuilders finally reached a more optimistic frame of mind.

VIDEO: Making Workforce Housing Work

Daryl Carter, Founder & CEO of Avanath Capital Management and 2015 NMHC Chairman, gives MHN the lowdown on what’s going on in the workforce housing space at the 2015 Apartment Strategies Outlook Conference in Palm Springs.