News
Mill Creek Residential Trust to Develop 235 Units in Glendale
MCREF Verdugo LLC, a joint venture sponsored by Mill Creek Residential Trust LLC, has purchased a 67,518-square-foot land parcel in Glendale, Calif., to develop 235 apartment units.
TODAY’S DEALS: Steadfast Buys San Antonio-Area Asset for $34.6M
Steadfast Income REIT closes a 288-unit buy; Kislak Company brokers two sales in Pensacola, Fla.; and UC Funding provides a $4 million investment to facilitate a recapitalization in Florida.
Reduce Resident Hassle with New bizzie Dry Cleaning Service
bizzie, a locker-based pick-up and delivery solution derived from a San Francisco-based product, allows residents to drop off their delicate clothes at a central location within their community, not having to budget their time on the way to work or other obligations.
Economy Watch: Some Banks Easing Some Lending Standards
The Federal Reserve reported on Monday in its Senior Loan Office Opinion Survey on Bank Lending Practices for January that “generally modest fractions” of domestic banks have reported eased their standards across major loan categories over the past three months.
Guerilla Marketing in Action
Cardinal Group turns around student housing asset with low-cost measures.
Capital Markets
A relatively plentiful supply may increase even further in 2013.
Off-Campus Housing Supply will be Constrained for Foreseeable Future
Campus Crest Communities hosts ‘investor day’ at NYSE boardroom.
Editor’s Note: Connecting with Lenders Online
Hint: They want to see that your team is working ‘smarter.’