News

AMF Nears Completion on Gen Y Housing Concept

AMF Development LLC has topped out the first of a planned series of developments it calls Young Urban Communities.

TODAY’S DEALS: Crescent Resources Begins $67M Atlanta Development

Crescent Resources breaks ground in Atlanta’s Terminus development; Continental Realty Advisors sells a Phoenix asset for $50 million; and EdR announces $152 million in year-end activity.

Bay Area’s Candlestick Heights to Offer Crucial Affordable Housing

Financing is in place for acquisition and development of Candlestick Heights, a 196-unit affordable rental community just to the west of Candlestick Park in San Francisco.

Economy Watch: Employment Barely Growing Enough to Keep Up

The final monthly employment report of 2012, released by the Bureau of Labor Statistics on Friday, pointed to continuing tepid growth in U.S. employment.

TODAY’S DEALS: Philly Joint Venture Announces a 27-Story High Rise

Wexford Equities and Southern Land Co. announce a Philly development with a 2015 delivery; Steadfast ends 2012 with over $100 million in acquisitions; and Transwestern closed the year with Mid-Atlantic sales totaling nearly $100 million.

Editor’s Note: New Year, New Opportunities

Happy 2013! As we ring in the New Year, MHN’s January issue delves into the multifamily investment landscape

Kentucky’s Largest Apartment Community Sold

Park At Hurstbourne, a 689-unit Louisville apartment community recognized as the largest in Kentucky, has been sold.

Nevada Rural Housing Authority’s Senior Residence Fills Big Void in Short Order—100 Percent Occupied within Six Months

The Nevada Rural Housing Authority’s Larios Arms Senior Residence in Winnemucca, Nev., is 100 percent occupied within six months of opening

Selling Spaces

The guidelines for best-in-class leasing offices and model units are changing—are your apartment assets on board?

The Big Three

Multifamily insiders zero in on the most important legislative issues to be tackled in 2013.