News
TODAY’S DEALS: Behringer Harvard, Legacy Partners Break Ground in Denver
Work begins on a luxury Denver asset; Transwestern brokers the sale of 1,476 units in two weeks; and Essex Realty brokers the sale of a new construction for $5.7 million.
Yardi to Moderate Energy Management Panel at 2013 NAA Green Conference
Yardi announced its participation in a session at the 2013 NAA Green Conference taking place in April that will illustrate how effective energy management can add value for property managers, investors and residents in the multifamily industry.
MHN Interview: Multifamily Lending in 2013
What does 2013 hold for multifamily lending? MHN talks to Stephen Rosenberg, CEO, Greystone, about what he expects to see with lending and securitization, and how he thinks the sequester will affect the industry.
Penthouse Model Opens in Chicago’s West Town
Wicker West 1555, a nine-unit mixed-use condominium development at North and Talman Ave. in Chicago’s West Town, is offering a contemporary, professionally furnished and decorated new duplex penthouse model.
New Yardi Data Center in Sydney Expands Yardi Cloud Services in Australia and New Zealand
Yardi Systems, one of the leading developers of real estate software for investment, asset and property management, has announced the opening of a new data center in Sydney as the company continues to see rapid adoption of the Yardi Voyager™ platform in Australia and New Zealand.
TODAY’S DEALS: PRG Sells 292-Unit Asset in Raleigh
PRG Real Estate Management sells a 292-unit asset for $20 million; Berkadia arranges an $8.8 million bridge loan for a condo acquisition in San Jose; and ARA represents REIT in the sale of a fully stabilized asset in Florida.
Ground Broken for Long Beach Affordable Housing
Affordable housing specialist Palm Communities and the nonprofit Western Community Housing have broken ground on Ramona Park Senior Apartments in Long Beach.
‘What Renters Want’ with Jessica Fiur: Ideas to Create a Healthier Community for Your Residents
Here are several ways to encourage your residents to be healthier.
Cocke Finkelstein Inc. Acquires Lane Managment
Atlanta-based real estate and investment management firm Cocke Finkelstein Inc. (CFI), announced the pending acquisition of the assets of Lane Management LLC, to create one of the nation’s largest multifamily property management firms, CFLane.
Two Texas Metros Top List of ZipRealty’s Most Affordable Housing List
ZipRealty, Inc., an online technology-enabled residential real estate brokerage company, released its list of the top 10 most affordable housing markets in 2013 based on a two-year analysis by the company of MLS data and U.S. Census Bureau information.