News
Chicago’s Lincoln Park Builders Annual Forum Marks Milestone
Cautious optimism was the order of the evening at last week’s 2013 Real Estate Forum presented by Lincoln Park Builders of Chicago, an honorary society of builders, developers, managers and principals in the city’s real estate community.
Economy Watch: Housing Slump’s Impact Unequal
The Census Bureau reported that the recession hit home values in more populous U.S. counties harder than smaller counties.
MHN Interview: Kevin Thompson, SVP of Marketing for Bell Partners
Kevin Thompson, senior vice president of marketing for Greensboro, N.C.-based Bell Partners, has been known to say that when it comes to multifamily, residents literally “live in our box of Tide.”
Franklin Cos. to Begin New Seniors Property in Metro San Antonio
Plans for a 315,000-square-foot, 217-unit seniors housing property in the town of Alamo Heights, Texas, have been unveiled.
TODAY’S DEALS: Essex Property Trust Buys 379 Units in San Diego
Essex Property Trust completes a $121 million apartment acquisition; Kennedy Wilson and partners buy 388 rental units in a Portland suburb; and Marcus & Millichap arranges a $71.1 million sale of eight Silicon Valley redevelopment sites.
Steadfast Acquires Six-Property Portfolio in Houston
Steadfast Income REIT has announced the acquisition of a property portfolio that comprises 1,692 apartment units over six different properties in the Houston area, bringing the REIT’s acquisition total to 57 Communites in 11 Midwestern and Southern states.
Diane Nordin Elected to Fannie Mae Board of Directors
Fannie Mae announced that the board of directors has elected Diane C. Nordin to the company’s board.
InHaus, Redfin Join Forces on Seattle Condo Development
Acclaimed sustainability developer InHaus and technology-driven real estate brokerage Redfin are coming together to unveil a new condominium development in the Ballard neighborhood of Seattle.
Economy Watch: Consumer Debt Sees Uptick in 3Q
Aggregate U.S. consumer debt increased by $127 billion in the third quarter of 2013, the largest increase since the first quarter of 2008, according to the New York Federal Reserve.