News
TODAY’S DEALS: NGKF Sells Two Massachusetts Properties
NGKF sells two assets for a combined $32.5 million; Northmarq arranges acquisition financing of $34.7 million; and Grandbridge Real Estate Capital closes three seniors housing transactions totaling $23.5 million.
Work Starts on Three SoCal Apartments
Mill Creek Residential has broken ground on three multifamily communities in southern California, which will total 713 units when completed over the next two years. The three properties are in Glendale, Laguna Niguel and Irvine.
Yardi Joining Revenue Management Experts at 2013 NAA Conference & Expo Discussion
Yardi announced its participation in a session at next month’s 2013 NAA Conference & Expo that will offer insight into how managers of rental properties can maximize revenue with automated revenue management systems.
AMCAL Multi-Housing Begins Construction on Hollywood Affordable Community
AMCAL Multi-Housing has just started construction on a 40-unit affordable property called The Argyle Apartments, a development in Hollywood, Calif.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 7.3 percent from one week earlier,according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 10, 2013.
‘What Renters Want’ with Jessica Fiur: Should You Allow Residents to Occasionally Break Lease?
Is there ever a valid reason to let a renter out of a lease early?
RentPaidOnline™ Receives Yardi Voyager Qualification
RentPaidOnline (RPO) announced it has completed the “Yardi Voyager Qualification” process.
Extended-Stay Property Slated For Lake Charles, La.
Ground has been broken on a new Value Place extended-stay property in Lake Charles, La.
Economy Watch: Federal Deficit Shrinks
The Congressional Budget Office reported in its “Updated Budget Projections: Fiscal Years 2013 to 2023” that the federal budget deficit will shrink in fiscal 2013 to $642 billion, the smallest shortfall since 2008.
Jonathan D. Killough Joins Centerline Capital Group as Senior Vice President
Centerline Capital Group announced that Jon Killough has joined the firm as senior vice president in the Affordable Housing Debt division.