News
MHN Interview: The Benefits of Developing and Financing Supportive Housing
MHN talks to Maria Barry, community development banking executive at Bank of America Merrill Lynch, and Maria Joyce, a senior vice president in community development banking who has worked directly on the New Directions Sepulveda project, about their unique partnership.
Multi Housing Advisors Brokers Two Sales in Birmingham
The Birmingham, Ala., office of Multi Housing Advisors recently brokered the recent sales of two Birmingham apartment communities totaling 506 units.
Economy Watch: Cost of the Shutdown
No sooner was the federal government shutdown over on Thursday than estimates of its cost to the U.S. economy were being published.
Spanish Market Sees Major Retail Transaction, Positive Change for Struggling Real Estate Sector
As Southern Europe sees the economy of several countries continue to struggle with the effects of the economic downturn, Greece, Italy and Spain have been the ones hit hardest in the entire Eurozone.
Sack Properties, Canyon Catalyst Buy Two SF Multifamily Properties
Sack Properties and the Canyon Catalyst Fund have made two investments in the San Francisco area, acquiring a 116-unit garden-style apartment property in Sunnyvale (Skyline Vista Apartments) and a 44-unit multifamily property in Pacifica (720 North).
Wood Partners Begins Construction on 217,000 SF Mixed-Use Development in Alexandria, Va.
Wood Partners has announced that construction has started on Station 650, a $50+ million mixed-used development in Alexandria’s Potomac Yard neighborhood.
MBA to Promote Fratantoni to Chief Economist
David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA) announced that Michael Fratantoni, currently MBA’s vice president, single family research and policy development, will be appointed chief economist and senior vice president, research and industry technology, reporting directly to Stevens.
Yardi Maintenance Mobile Makes Great Living Even Better at Associated Estates
Yardi Systems Inc. announced that Associated Estates Realty Corporation will deploy Yardi Yardi Maintenance Mobile™ at the company’s 51 properties located in 10 states across the U.S.
$143M Green Office Development Completes in Melbourne CBD
One of the latest additions to Melbourne’s bustling CBD is 171 Collins Street, the city’s first premium grade commercial development in 20 years.
TPG and Ivanhoé Cambridge Acquire Europe’s P3
U.S. private equity firm TPG and Canadian group Ivanhoé Cambridge have teamed up to complete another major European real estate transaction.