News
Work Starts Soon on Goochland County’s First Multifamily Property
Construction is slated to begin in December on the first phase of the Retreat at West Creek Community, a 254-unit apartment property in “The Notch” portion of the West Creek Business Park in Goochland County, Va.
MHN Interview: Prime Property Investors’ Strategy of Starting with Student Housing and Diversifying with Traditional Communities
MHN talks to Babara Gaffen, CEO of Prime Property Investors.
Special Report: Reporting from Expo Real
As exhibitors settled in at their stands and activated their metaphorical networking switches, Day 2 at Expo Real 2012 International Trade Fair for Commercial Property and Investment, held at München International in Munich, Germany, began.
Economy Watch: Housing Market Optimism Rising
In its September 2012 National Housing Survey, Fannie Mae said on Tuesday that Americans’ optimism about the recovery of the housing market and, more broadly, about the idea of homeownership itself continued a gradual climb.
Bellwether Closes on $75M in Multifamily Financing
Bellwether Enterprise Real Estate Capital has closed on a $75 million loan to a Cincinnati-based owner/operator for the refinancing of five apartment properties in Texas and two in Ohio.
Concern for Independent Living Opens 90-Unit Mixed-Use Supportive Housing Project in Brooklyn
Concern for Independent Living, a nonprofit provider of supportive housing, has opened The Concern Heights Apartments in the Crown Heights section of Brooklyn, N.Y.
$21M Seniors Housing Community Breaks Ground in Fla.
Ground has been broking on HarborChase of Villages Crossing, a senior housing and assisted living community in Lady Lakes, Fla. The community has a $21.6 million construction budget and is expected to open in late 2013.
RentSocial Launches New Mobile App
RentSocial announced the launch of its mobile app on the iOs platform.
Consumer Attitudes on Housing Continue Summer Season’s Gradual Upward Trend
Results from Fannie Mae’s September 2012 National Housing Survey show Americans’ optimism about the recovery of the housing market and with regard to homeownership continued its gradual climb, bolstered by a series of mortgage rate decreases experienced throughout the summer.
TODAY’S DEALS: NorthMarq Arranges Five-Year Bank Loan for Purchase in Prime NYC Location
NorthMarq arranges a five-year bank loan for purchase of retail condo in prime New York City location; and Ridge Capital purchases a California property for $19.625 million.