News
EAH Housing to Develop Affordable Bay Area Project
The City of Emeryville has tapped nonprofit developer EAH Housing, an affordable housing specialist, to develop a new mixed-use affordable apartment property at 3706 San Pablo Ave. in the city.
‘What Renters Want’ with Jessica Fiur: Gwyneth Paltrow, Cupcakes and Property Management
Gwyneth Paltrow and cupcakes have both been in the news lately. Property managers could learn a lot from them.
Affordable Seniors Apartments Unveiled in Citronelle, Ala.
AHEPA 310 of Citronelle, a new affordable senior housing complex in Citronelle, Ala., has been given its official opening ceremony.
Economy Watch: Economy Expands 2.6 Percent in Q3
The Bureau of Economic Analysis reported that real U.S. gross domestic product increased at an annualized rate of 2.6 percent in the fourth quarter of 2013.
Wood Partners Begins Work on Portland Multifamily Project
Wood Partners has broken ground on a 281-unit apartment community in the Pearl District of Portland, Ore.
TODAY’S DEALS: Avesta Completes Austin Apartment Acquisition
Avesta Communities expands in Austin; Oak Coast and IMG acquire a Seattle-area apartment for $21.9 million; and Commercial Mortgage Capital arranges a $14.27 million loan assumption for an 55-plus seniors property.
Rockstreet Partners JV Acquires Student Housing Community in Bryan, Texas
Rockstreet Partners has announced that it has acquired College Edge Apartments in Bryan, Texas, after entering into a joint venture with ApexOne Investment Partners to own and operate the asset.
How Proposed Johnson/Crapo Legislation Could Affect Multifamily
MHN talks to Willy Walker, CEO of Walker & Dunlop, about this new proposed legislation and how the bill could affect multifamily if it passes.
Joint Venture Condo Development Set for NYC’s Upper East Side
Zeckendorf Development, Global Holdings and Park Sixty are developing 520 Park Ave., a 51-story luxury residential tower located at East 60th Street between Park and Madison Avenue, on Manhattan’s prestigious Upper East Side.
Economy Watch: Serious Residential Delinquencies Still on Downward Path
Freddie Mac reported that its single-family serious delinquency rate dropped from 2.34 percent in January to 2.29 percent in February.