News

Riverstone Residential Group Announces Senior Vice President Appointments

Riverstone Residential Group, a privately owned, third-party multifamily property management company, announced the appointments of two key leadership associates, Lesa LaRocca and Mark McElvain, ARM, CPM.

Common Areas

What features and services appeal to residents and prospects?

TODAY’S DEALS: Manhattan High-Rise Lands $130M Refi

HFF arranges $130 million for a high-rise in New York; AIMCO breaks ground on a $32.6 million renovation in California; and Berkadia identifies the best lending source for a Texas community.

Washing & Drying

Helpful products to reduce hassle for residents and property managers in the laundry room.

On Location: Reserve at Creekside, Chattanooga, TN

The Reserve at Creekside, managed by Hawthorne Residential Partners, has introduced a new level of apartment community living in Chattanooga.

Payment Processing, Present and Future

Companies explore mobile and other processes for accepting rent.

MHN Interview: Prime Campus Housing’s Ancillary Income Game Plan

Michael Zaranzky, CEO, Prime Campus Housing, talks to MHN about how one of his student housing community’s proximity to Notre Dame allows it to earn ancillary income.

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 4.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 30, 2012.

KeyBank Real Estate Capital Provides $25 Million for Colorado Apartment Community

KeyBank Real Estate Capital recently closed a $25 million, 10-year loan through Freddie Mac for Ken Caryl Wadsworth Development Company

Clifford Beers Housing and PATH Ventures Announce New North Hollywood Seniors Community

The 49-unit NoHo Senior Villas in the NoHo Arts District of North Hollywood has opened for residents. The property accommodates low-income seniors, including 30 who were previously homeless and living with mental illness.