News

Today’s Deals: NorthMarq Capital Secures $52M in Financing for 20 Years

A finance company secures $52 million for a multifamily property, and other deals of the day.

New York and Brooklyn Multifamily Prices are Rising. Here’s Why.

Halstead Property Development Marketing has released the industry’s first-ever comprehensive report analyzing new development sales market data and sees continued robust pricing in the new development market for both Manhattan and Brooklyn in 2015.

An Inside Look at a Historic Redevelopment

The renovation of the historic Wiley Building.

TODAY’S DEALS: Martin Fein Interests Completes Two Colorado Sales

ARA brokers two sales in Lone Tree, Colo.; Griffis Residential completes a $48.8 million sale in Colorado Springs, Colo.; and Oak Grove Capital arranges $27 million in financing involving only 45 days of processing for a value-add property.

AMCAL Multi-Housing Hires Chief Estimator

Allan Backhaus Jr. has joined AMCAL Multi-Housing in the new position of chief estimator.

How to Create a Safer Multifamily Community

Rainbow Housing Assistance Corp. Executive Director Flynann Janisse spoke with Multi-Housing News about how service-enriched housing programs create a safer and more secure community.

Shall We Dance?: The Dermot Company’s 66 Rockwell Partners with Acclaimed Dance Group

A selection of regularly-scheduled on-site dance and fitness classes will be offered to residents of 66 Rockwell, a ground-up rental development in the BAM Cultural District of downtown Brooklyn.

Million-Dollar Condos to Go On Sale in Arizona

The Sterling Collection at Silverleaf, a condo development in suburban Phoenix, has opened its sales center, with construction beginning shortly.

Going Down

(national cap rate performance based on properties and portfolios of $2.5 million and greater)

What Renters Want with Jessica Fiur: Why You Should NOT Use Facebook at Your Community

Social media might be popular, but it might not be the best way to communicate with your residents.