News
NWP’s Apartment Resident Rent and Utility Electronic Payment Service Goes Mobile
Costa Mesa, Calif.—NWP Services Corporation (NWP), a provider of utility cost recovery and management solutions to the multifamily housing industry, has released a mobile portal for its Resident ePay service to allow for fast and easy access to residents who wish to pay their rent and or utility charges from a mobile device. The Resident ePay mobile portal may be accessed and bookmarked from the monthly rent email reminder sent to the resident’s email address. Residents will be able to view, schedule and process payments, thereby having the same payment options currently available to them via the web site based…
Market Snapshot: New Jobs and Rental Stock Do Little to Shake Up Stabilizing L.A. Apartment Market
As we embark on 2014, it seems that the “status quo” of Los Angeles’ apartment market that we’ve seen over the past couple of years will continue.
Mercy Loan Fund Provides Cesar Chavez Foundation $9.9 Million Loan
Cesar Chavez Foundation has acquired The Park at Cliff Creek in Dallas, thanks to a $9.9 million loan from Mercy Loan Fund, in partnership with the Low Income Investment Fund.
Economy Watch: Fitch Affirms Stable Outlook for U.S. Debt
The rating agency Fitch affirmed various kinds of U.S. public debt at a rating of AAA, with a stable outlook.
Construction Rolling Along on The Charles Luxury Condos in Manhattan’s Upper East Side
The leadership team and crew working on the Upper East Side luxury development, The Charles, held a party to celebrate the building’s recent topping out. The 32-story condo building is being developed by Bluerock Real Estate LLC in collaboration with Ismael Leyva of ILA Architects and David Collins Studio interior designs.
North Dakota Multifamily Project Wins Award from the State
Wolf Run Village in Watford City has received the Champions of Affordable Housing Award from the North Dakota Housing Finance Agency.
L+M Development Partners’ The Adeline Condominium Debuts in Harlem
The Adeline, the newest Manhattan condominium development from L+M Development Partners Inc., is 65 percent sold after only two months of sales.
Point2 Powers New Reelfoot Regional Association of REALTORS® Website
Point2 announced today that its MLS and Association Consumer Portal for the Reelfoot Regional Association of REALTORS® (RRAR) is live.
Economy Watch: Home Sales Edge Down in February
Existing home sales dropped by 0.4 percent month-over-month in February, according to the National Association of Realtors.
Charting a Course Through a New Multifamily Lending Landscape
Investors need to plan ahead for the third-party due diligence requirements of lenders. Some of these requirements have changed.