News

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.

TODAY’S DEALS: TIAA-CREF Buys a 276-Unit Community in Burbank

IPA brokers a sale in California; Cohen Financial secures equity financing for a Miami condo development; and NorthMarq Capital arranges $40.5 million in Freddie Mac loans.

Harbor Group International Sells Multifamily Community for $34.4M

Harbor Group International LLC announced that affiliates of their company have sold a 696-unit community in Texas for $34.4 million to an affiliate of RB Associates.