News

Tanger Outlets Opens New Store in Ottawa on October 17

Tanger Factory Outlet Centers Inc. and RioCan Real Estate Investment Trust have recently announced the grand opening of their newest facility in Canada, Tanger Outlets Ottawa.

Abode Communities’ Riverwalk at Reseda in LA Opens

Riverwalk at Reseda, an affordable housing property next to the Los Angeles River and Reseda Park, has opened.

Campus Apartments Completes Shippensburg U. Residence Upgrades

The second phase of a development project to upgrade all on-campus residences at Shippensburg University of Pennsylvania is complete.

RentCollect Global Increases Client Recovery and Reduces Risk Nationally

RentCollect Global of Seattle, earned certification through the Professional Practices Management System (“PPMS”) from The Association of Credit and Collection Professionals (“ACA”) on January 24th, 2013 and recertified in 2014.

Economy Watch: New Home Sale Accelerate in August

Sales of new single-family houses in August were an annualized rate of 504,000 units, according to the Census Bureau and HUD.

TODAY’S DEALS: Cohen Financial Secures $167.6M Construction Loan for Miami Development

Cohen Financial secures a $167.6 million construction loan for Muse in Sunny Isles located at 17141 Collins Avenue; and Meridian Capital arranges $32 million for two mixed-use properties in New York.

Enterprise Homes Opens Seniors Housing Near Baltimore

Work has been completed on the Greens at Logan Field, an affordable seniors housing project in Baltimore County.

Meta Housing, Western Community Housing Finish San Clemente Seniors Apartments

Cotton’s Point Senior Apartments, an affordable seniors housing property in San Clemente, has been completed. The 76-unit project was a joint development by Meta Housing Corp. and Western Community Housing.

Iconic Jersey City Art and Theatre Group Opens At Journal Square

Art House Productions, Inc., a not-for-profit organization dedicated to the advancement of the arts in Jersey City, opened a new 8,300-square-foot building in the revitalized neighborhood of Journal Square.

Applicant Credit Risk Improving Alongside Increases in Rental Prices

A recent report by TransUnion has found that rental applicant credit risks improved by 0.8 percent between Q2 2013 and Q2 2014 despite increases in rent prices.