News
Your Home May Be Your Castle, But Your Rental Unit Is Not
When residents reach beyond the four walls they lease, landlords need full protection under insurance policies.
Two NYC Apartment Properties Win HUD Financing
Greystone Funding Corp., a multifamily and commercial property mortgage specialist, has originated $72.7 million in financing for two multifamily housing projects in New York City. HUD provided the financing for the properties.
Riverfront Residential’s Luxury Community 25 Percent Leased After Two Weeks
Riverwalk, a multifamily community in Elmwood Park, N.J., is already 25 percent leased after only being open for two weeks.
TODAY'S DEALS: Falcon Southwest Buys 324-Unit Austin Asset
HFF closes an Austin sale; Beech Street Capital provides Freddie Mac CME financing for two West Palm Beach properties; and Alliant Capital makes two loans totaling $2.4 million for a client.
Phase II of Winner’s Circle at Saratoga Complete Thanks to $13M Freddie Mac Loan
The Community Preservation Corporation has closed on a $13 million Freddie Mac construction loan to refinance the recently completed Phase II of the Winner’s Circle at Saratoga apartment complex.
Rapid Realty NYC Makes Inc. 5000 List In Under Three Years
In less than three years after launching its franchise operation, resulting in an incredible wave of expansion, apartment rental firm Rapid Realty NYC has been awarded a coveted position on Inc. Magazine’s 2012 list of the 5,000 fastest growing private companies in the United States.
Barratt Developments Announces $396 Million Affordable Housing Regeneration Project in England
Barratt Developments, one of the largest house builders in England, has landed one of the most sought after housing-led redevelopment opportunities in the London boroughs.
Armand Tiberio Named Senior Vice President Investments by Marcus & Millichap
Marcus & Millichap Real Estate Investment Services, a real estate investment services firm, has promoted Armand Tiberio to senior vice president investments.
MARKET SNAPSHOT: Renting Remains Popular in the East Bay, With Job Growth Fueling Record-Low Vacancies
With employment growth finally taking off in the East Bay, demand for apartments is expected to pace ever-higher this year, as rents skyrocket across the already popular rental market.
Economy Watch: Beige Book Sees Housing as Bright Spot
The Federal Reserve released the latest edition of the Beige Book on Wednesday, more formally known as the “Summary of Commentary on Current Economic Conditions by Federal Reserve District,” which noted that the U.S. economy has been growing “gradually in July and early August across most regions and sectors.”