News
Perkins Coie Closes $125M US Treasury Guaranteed Bond for CRF, CDT
Perkins Coie has announced that it has closed a $125 million U.S. Treasury guaranteed bond issue for Minneapolis-based Community Reinvestment Fund and Community Development Trust. The bond, one of three issued, will help provide low-cost capital to invest in affordable housing loans.
American Standard Adds Decorative Style to High Efficiency Toilet Line
American Standard has added two new decorative tanks to its Chamption high-efficiency toilet line that achieve 1.28 gallons per flush.
Yardi Joins Forces with The Home Depot to Offer Clients More Purchasing Options and Full Purchasing Control
Yardi® clients can now easily access thousands of The Home Depot® products either in store or online with a click of a button via the online procurement system offered with Yardi Procure to Pay™, a fully automated end-to-end procurement and invoice processing platform.
TODAY’S DEALS: Cityscape Residential Secures $82M for Three Midwest Developments
Cityscape Residential to build 670 units after securing financing; and Huntington Bank provides $90 million for two Pittsburgh mixed-use projects.
Auction.com Adds Mindy Heppberger as Chief Legal Officer
Auction.com LLC, an online real estate marketplace, announced the appointment of Mindy Heppberger as executive vice president and chief legal officer.
Kaweah Management Company and The Pacific Companies Develop 47-Unit Affordable Housing Community in Central California
Kaweah Management Company and The Pacific Companies has developed The Aspens, a 47-unit affordable housing community in the Central California town of Tulare, made possible thanks to a $6.4 million low-income housing tax credit equity by WNC.
Economy Watch: New Home Sales Drop in July
Sales of new single-family houses in July 2014 were at an annualized rate of 412,000 units, according to the Census Bureau and HUD.
Operating Expenses Both Up, Down for Federally Subsidized Housing, Says IREM Study
According to a recent study published by IREM, operating expenses in 2013 compared with 2012 for various kinds of federally subsidized housing decreased in the case of some kinds of properties, but increased for others.
‘What Renters Want’ with Jessica Fiur: 5 Reasons Renting Trumps Owning (As Told by a Former Renter)
There are so many benefits to renting…
LeFrak, Kennedy Wilson Seeking Approval for Planned Hollywood Development
Developers LeFrak and Kennedy Wilson have announced plans for a 410-unit mixed-use high-rise development at the corner of Hollywood Boulevard and La Brea Avenue in Los Angeles.