News

Eastern Carolina’s North Campus Crossing Changes Hands

Student housing investment and development firm Pierce Education Properties, partnering with an affiliate of Core Properties, has acquired Phase I and Phase II of North Campus Crossing, an off-campus housing community serving Eastern Carolina University students.

TODAY’S DEALS: JV Lands Acquisition Financing for N.C. Student Asset

Pierce Education and Core Properties land acquisition financing through HFF; Behringer Harvard acquires a 312-unit community in Jacksonville; and McKinley obtains a $14.2 million bridge loan with Bank of America.

APARTMENT MARKET STATISTICS: February 2013

The Apartment Market Statistics section of the February 2013 issue of MHN features a range of important multifamily data.

NYC’s BlueWay Plan will Fortify East River Waterfront

New York City is planning to build a new storm barrier along the East River as part of a complete revamping of a four-mile long waterfront featuring wetlands, pedestrian bridges, mini parks, a continuous bike/walk path and even a sandy beach.

Economy Watch: Housing Starts Drop in January

The Census Bureau reported on Wednesday that housing starts took a dip in January.

Three Creative Ways to Attract New Residents

Online ads and social media are great ways to advertise vacancies. But here are three additional creative ways you can appeal to prospective renters.

Work Under Way on Columbia Apartment Community

A partnership between the Howard Hughes Corp., Kettler and Orchard Development Corp. has broken ground on the Metropolitan Downtown Columbia, the first development to proceed under the 2010 Downtown Columbia Plan for Columbia, Md.

SPECIAL REPORT: Transit-Oriented Development in the Age of High-Speed Rail (Part One)

In an age of increased need for connection and rising demand for urban living, high-speed rail and transit-oriented development seem destined to intertwine.

Pennrose Announces Lee Reedy as Vice President of Marketing

Pennrose, a real estate development and management company focused on multifamily communities, is announced that Lee Reedy has been named vice president of marketing.

Beech Street Once Again Captures Top-Producing Multifamily Lender Spots for Fannie Mae and Freddie Mac

For the second year running, Beech Street Capital LLC, placed third on Fannie Mae’s annual list of top multifamily loan originators.