News
Bridge Money
Developers are enjoying the greatly improved terms of structured financing.
TODAY’S DEALS: Pollack Shores Acquires 252-Unit Asset in Florida
ARA brokers a 252-unit sale in Florida; Centerline provides a $3.6 million refinance for an age- and income-restricted property in Minnesota; and Ideal Realty Group brokers the sale of two apartment towers by Virginia’s transportation department.
Peak Season
Property managers share tricks of the trade for preparing apartments for the warmer weather.
Court Verdict Allows Carmel Partners to Keep SF Apartment Property
California Superior Court Judge Marla J. Miller has ruled in favor of the defendants in a case involving a loan originally taken out before the credit freeze and subsequent economic crisis of 2008 for the acquisition of an apartment property in San Francisco.
On the Cutting Edge: Innovation and Sustainability Go Hand in Hand
Green practices and innovation go hand in hand.
Make an Easy Community Upgrade with a Modern Bike Rack from ANOVA
With less than a month before National Bike Month begins, there is still time to arrange a bit of a treat for your residents.
The JBG Companies Acquires 450-Unit Community
The JBG Companies has acquired a 450-unit multifamily community from Home Properties of Rochester.
Meta Housing Completes $43M Multifamily Redevelopment in LA’s Chinatown
Meta Housing Corp. has completed the redevelopment of The Metro at Chinatown Senior Lofts, formerly vacant, which is now a transit-oriented, affordable senior housing property in Los Angeles’ Chinatown.
Fannie Mae Reports Largest Net Income in Company History
Fannie Mae reported annual net income of $17.2 billion for 2012 and quarterly net income of $7.6 billion for the fourth quarter of 2012, compared with a net loss of $16.9 billion for 2011.