News
Economy Watch: ADP Says Sandy Put Dint in Hiring
Automatic Data Processing, which prepares hiring numbers in cooperation with Moody’s Analytics every month, said that the U.S. private sector created 118,000 jobs in November, a drop from the 157,000 the company reported in October.
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.
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