News
Walker & Dunlop Names Stephen P. Theobald Executive Vice President, Chief Financial Officer and Treasurer
Walker & Dunlop Inc. announced that Stephen P. Theobald would join the company as executive vice president, chief financial officer and treasurer on April 1, 2013.
Growing Multi Housing Advisors Makes Key New Hires
Multi Housing Advisors has made a series of important hires in its Atlanta; Birmingham, Ala.; and Charlotte, N.C., offices.
Economy Watch: Personal Income Drops
The Bureau of Economic Analysis reported that U.S. personal income took a hit in January. At $505.5 billion, income was down 3.6 percent for the month, the largest drop in about 20 years.
Join a Live Facebook Chat with Affordable Housing Expert Donald Capoccia on March 8
Donald Capoccia, president of the New York State Association for Affordable Housing will be on the Multi-Housing News Facebook page on Friday, March 8th from 11:30 a.m. to 12:30 p.m. EST to answer all of your questions.
Picerne Military Housing Breaks Ground on $72M On-Post Community
Picerne Military Housing, a division of Corvias Group, recently broke ground on Reece Crossings, 432 on-post apartments for barracks-eligible, single unaccompanied service members. This marks the first public-private partnership with the U.S. Army.
TODAY’S DEALS: Variant Buys 3,709-Unit Portfolio in Receivership Sale
Variant acquires a 14-property portfolio; CBRE New England sells two Boston walk-ups; and ARA Dallas announces sale of Class A property in a top city.
Investor Obtains Acquisition Financing for West Coast Multifamily
Multifamily investor Pacific Urban Residential has obtained $43.7 million in first mortgage debt for the acquisition of two apartment properties, one in Seattle and the other Los Angeles.
Tishman Speyer Announces First Leases at New Office High-Rise in Frankfurt
Tishman Speyer and its joint venture partner, Commerz Real AG, have announced the signing of the first three lease transactions at the TaunusTurm office project under construction in Frankfurt.
Economy Watch: Small Uptick for 4Q GDP
The Bureau of Economic Analysis reported that real U.S. GDP was up during the fourth quarter of 2012, as opposed to the contraction reported in the bureau’s preliminary GDP estimate a few weeks ago.
Special Report: Research Reveals New Insights about Today’s Student Renters
The National Apartment Association Student Housing Conference and Exposition featured a keyote by Michael Wood, senior vice president of Tru Insight.