News

TODAY’S DEALS: Bernards, Aimco Break Ground on $140M Calif. Redevelopment

Bernards breaks ground on Aimco’s massive Venice redevelopment; Passco Companies completes its second Class A buy in two weeks; and Lucent Capital arranges $9.9 million for the acquisition and re-entitlement of a Platinum Triangle development site.

Corvias Campus Living Appoints New Vice President

Corvias Group, a privately-owned, vertically-integrated real estate solutions group, announced today that Geoff Eisenacher has been named a vice president of business development for Corvias Campus Living, the company’s student housing division.

Property Solutions Promotes Chase Harrington to New Executive Vice President

Property Solutions International Inc., a provider of property management websites and payments, announced the recent appointment of Chase Harrington as executive vice president.

Acquisition and Renovation Loan Secured for Brandon, Fla., Properties

A $49.6 million acquisition and renovation loan has been secured by Miami-based Aztec Group on behalf of an affiliate of Tampa-based Blue Rock Partners, owner and manager of a large central Florida multifamily portfolio.

Economy Watch: Retail Sales Better Than Expected in December

The Census Bureau reported on Tuesday that U.S. retail sales were up 0.5 percent from November to December (important note: the figures are adjusted for seasonal variation, but not price changes).

‘What Renters Want’ with Jessica Fiur: What Do You Do with Negative Online Apartment Reviews

What do you do if you get negative online reviews about your community? Do you respond to them, or leave them alone?

TODAY’S DEALS: EQR Secures $2.5B Credit Line for Archstone Deal

Equity Residential closes a $2.5 billion credit facility; The Bozzuto Group announces details regarding a D.C. condominium development; and NorthMarq Capital arranges a $16.5 million life company loan.

Continuing-Care Housing Under Way on Vancouver Island

Work is under way on the Heights at Mount View, a continuing-care housing and memory support property in Saanich, British Columbia, which is part of greater Victoria.

Protect Your Investment with Form Flash from Protecto Wrap

Keeping a waterproof and draft-free community is a constant process, but a new tool from Protecto Wrap is here to help keep your asset sealed off from the elements.

Greystone Continues West Coast Expansion

Greystone, a national provider of multifamily and commercial mortgage loans, will be actively recruiting and hiring experienced originators, underwriters and closing staff to its California offices.