News

TODAY’S DEALS: RHP Properties Buys $865M in Manufactured Housing

RHP Properties becomes the nation’s largest private manufactured housing owner; and ARA sells a 250-unit community in Houston.

Arbor Expands CMBS Lending Platform with Appointment of Three Industry Veterans

Arbor Commercial Mortgage announced the second phase expansion and development of its CMBS and Syndication platform with the addition of three industry veterans.

Progression Place Multifamily and Retail Slated for July Completion

Progression Place, a mixed-use development featuring luxury multifamily residences and extensive retail components, is on track for a July completion.

Economy Watch: Retail Sales Off in March

Consumers pulled back their spending in March, according to the Census Bureau, with total U.S. retail sales down 0.4 percent month-over-month.

Martin Fein Interests Ltd. has Three Rental Properties Under Way on One Site

Work is under way simultaneously on three interrelated multifamily projects on about 10 acres in Houston.

TODAY’S DEALS: Seattle Apartment Property Sells at Record $518 Per Square Foot

The $14.65 million sales price of Elliott Bayview equates to $357,317 per unit; and a top FHA lender Greystone originates four HUD loans for more than $43 million.

Special Report: Fair Housing Changes

In a recent webinar called “Fair Housing: What’s New for 2012,” speaker Nadeen Green, senior counsel, For Rent Media Solutions, provided an overview on some of the new Fair Housing requirements that property managers should be aware of.

‘What Renters Want’ with Jessica Fiur: Employers Can Choose to Not Hire Smokers–Is the Multifamily Industry Next?

Some states allow employees to not hire someone just because they’re a smoker. Could, and should, this be applied to multifamily?

Long Island City’s Gantry Park Landing to Begin Leasing

Gantry Park Landing, the 12-story industrial-style rental property in Long Island City, will begin leasing this summer.

RentSentinel Acquired By Real Page

RentSentinel and RentSocial were recently acquired by a subsidiary/affiliate of RealPage, Inc.