News

People on the Move

Executive shifts in the multifamily industry.

Research: Cautious Optimism

Mortgage bankers continue to see good things coming for 2014. This optimism is bolstered in part by increased certainty in the lending environment.

Case Study: 75 Wall

Meet the Hakimian Organization’s 75 Wall-Residences Atop Andaz. This case study examines the lessons learned from the office-to-condo conversion in Manhattan’s FiDi.

Finance: Trend Watch

Players in the capital markets agree that the multifamily sector seems to be on solid footing, with even better years ahead. But there are always undercurrents to be aware of. What major trends are mortgage bankers watching?

In Spite of Difficulties, Virtus Still Sees Opportunity in Student Housing

While investing in student housing has recently become more difficult due to inventory and financial constraints, Virtus Real Estate Capital remains optimistic about the health of the sector, especially near tier-one schools.

MARKET SNAPSHOT: Job Growth, Increased Apartment Demand Expected to Revitalize Detroit

Detroit may be bankrupt, but its thriving real estate market could be a veritable lifebelt leading to the city’s recovery.

REGISTER for LIVE Event 3/13! ‘What Renters Want’ Panel Discussion

Join us on Thursday, March 13 from 6 to 8 p.m. at the Interface Showroom, 1010 Wisconsin Ave, NW, Suite 710 in Washington, DC for What Renters Want: Multifamily Development Trends that Drive Occupancy. Multi-Housing News Editorial Director Diana Mosher; Laurence Caudle, AIA, Principal and Director of Housing at Hickok Cole Architects; and Rebecca D. Jones, IIDA, Founder + Principal, RD Jones & Associates will discuss the most compelling trends driving successful multifamily development and marketing. REGISTER TODAY! As apartment units shrink to micro proportions, exceptional amenity spaces have taken on a whole new importance. This information-packed session will explore…

TODAY’S DEALS: HFF Arranges $230M for Six-Property Multi-State Student Housing Portfolio

HFF arranges $230 million for a student housing portfolio; IPA brokers a 268-unit sale for AvalonBay; and Sperry Van Ness – Imbrie Realty completes a $5.5 million value-add transaction in Oregon.

BC Properties Acquires Nashville Apartment for $57M

BC Properties has acquired the Lakes of Bellevue, a 624-unit apartment community, for $57 million from Harbor International Group.

The Chetrit Group Obtains $160M in Financing for NYC Student Housing

Meridian Capital arranges $160 million for The Chetrit Group’s refinance of a student housing property in New York that was formerly a nursing home.