News
Whirlpool’s New Ice Collection Does Not Disappoint
Whirlpool is a brand synonymous with style and quality, and their newest collection does not disappoint. The Ice Collection is a modern take on transitional design that comes complete with two different flavors.
Case-Shiller Shows Strong Metros Except in D.C.
Peter Muoio, senior principal and economist with Auction.com Research, says Case-Shiller Home Price Indices for June may be strong but the headline downplays drastic regional differences.
Trammell Crow Company Breaks Ground on Mixed-Use Development in Chicago North Shore Submarket
Trammell Crow Company, through its wholly owned subsidiary High Street ResidentialSM, has begun construction on Midtown Square, a four-story, mixed-use development in Glenview, Ill.
Greystone Continues West Coast Expansion with Opening of Newport Beach Office
Greystone, a national provider of multifamily and healthcare mortgage loans, opened the firm’s new West Coast Headquarters in Newport Beach, California.
Economy Watch: Mortgage Delinquencies Drop in July
Lender Processing Services, in its First Look report for July, said that the percentage of delinquent U.S mortgage loans decreased from 6.68 percent in June to 6.41 percent in July, and from 7.03 percent in July 2012.
TODAY’S DEALS: WNC Closes $150.5M Fund to Acquire LIHTC Properties in 18 States
WNC announces it has closed WNC Institutional Tax Credit Fund 38 LP; Breeden Realty buys a 300-unit asset in an ARA-brokered sale; and Marcus & Millichap arranges a 34-unit sale in Colorado.
CBRE Sells Cincinnati Apartment Community for $2.6M
Four Towers at Ferguson Apartments has changed hands for about $2.65 million. The 156-unit Cincinnati property was acquired by an unspecified but locally based property owner; the seller, the heirs of the original developer, were represented in the deal by the CBRE Cincinnati-Indianapolis Multi-Housing Group.
NWP Services Corporation Wins Three Technology Choice Awards
NWP Services Corporation (NWP), a provider of utility cost recovery solutions, today announced that it is the recipient of three 2013 Technology Choice Awards from Multi-Housing News’ (MHN) readers.
Medici Communities and Urban Land Conservancy Open $12.35M Affordable TOD
The Urban Land Conservancy and Medici Communities have opened an affordable, transit-oriented development at the Evans Light Rail Station in Denver. The community, called Evans Station Lofts, cost $12.35 million.
Corvias Group Appoints Charlie Smith as Executive Vice President of Construction
Corvias Group, a privately owned, vertically-integrated real estate solutions group, announced that Charlie Smith has been hired as executive vice president of construction where he will oversee all aspects of design and development.