News
TODAY’S DEALS: Behringer Harvard Buys 2013-Built Dallas Apartments
Behringer Harvard buys 435 units in Dallas; Charles Dunn Co. completes a $43.3 million sale; and BMC Capital arranges a five-year, floating-rate loan.
Nationwide Housing Starts Top 1 Million for Third Time this Year, Says NAHB
For the third time this year, nationwide housing starts surpassed the million-mark, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Greystone Provides $27.5M HUD Loan for Refinancing Canton, Mich., Apartments
Greystone has announced that it has provided a $27.53 million HUD loan to Wyndchase Apartments in Canton, Mich., that replaces three separate loans for one long-term, low-rate loan.
Ascott Expands in Europe and Asia with New Facilities, Announces Future Dubai Facility
The Ascott Limited has announced that it is expanding the network of its serviced residences by adding new facilities in Hangzhou, Hamburg and Jakarta.
Boston Capital Invests in Two Affordable Housing Properties
Boston Capital reports that it has invested in the rehabilitation of two affordable multifamily properties in the eastern United States.
ZOM and AIG to Develop Orlando Luxury Lakefront Community
Land has been purchased in Baldwin Park, Orlando’s prestigious master planned community, for the development of a luxury lakefront community called Baldwin Harbor.
Economy Watch: Homebuilders Still Optimistic, But Less So
After four consecutive monthly gains, builder confidence in the market for newly built single-family homes fell five points to 54 on the National Association of Home Builders/Wells Fargo Housing Market Index.
Multi-Housing News Announces Winners of 2014 MHN Excellence Awards
Twenty-two gold and 19 silver winners receive awards during a cocktail reception at Forest City Ratner’s “New York by Gehry at 8 Spruce Street.”