News
Apartment Guide Incuses Convenience and Functionality into Android Mobile Application
Capitalizing on the latest mobile technology, combined with development that targets convenience and functionality for renters, Apartment Guide refines its Android mobile application with a host of practical, time-saving features renters want.
TODAY’S DEALS: Mill Creek Residential Buys Three Texas Communities
Mill Creek Residential buys 589 units; Centerline Capital Group provides acquisition financing for a Delaware owner; and Smith Equities closes on the sale of two Tallahassee, Fla. properties.
Meet the 2012 MHN Excellence Award Finalists
Winners will be announced September 24 at the MHN Excellence Awards Cocktail Party in New York. Register today!
HUD Study Finds Most LIHTC Properties Still Affordable
A new report by HUD has found that after an initial 15-year required “affordability period,” most Low-Income Housing Tax Credit (LIHTC) Program properties remain affordable.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 4.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 24, 2012.
The Rent Rite Directory Launches the Affiliated Business Arrangement Program in an Effort to Help Put Money Back Into Communities
Dallas—The Rent Rite Directory®, a website built for property owners and managers with the only free-to-use nationwide rental history database, as well as supplemental Tenant Screening Services, is proud to announce their Affiliate Business Arrangement Program to help put money back into communities.
LEED-Certified Affordable Community Breaks Ground in N.J.
Construction has commenced on Laurel Oaks, an income-restricted 94-unit apartment community from Barnegat, N.J.-based residential real estate developer Walters Homes.
Economy Watch: Home Prices Up During Second Quarter
According to the most recent S&P/Case-Shiller report on housing U.S. home prices saw positive growth for all three headline composites year-over-year during the second quarter of 2012.
TODAY'S DEALS: LYND Acquires 11 Distressed Communities in Auction
LYND picks up 11 distressed communities at an auction; The Carlyle Group buys an independent living asset in Jacksonville, Fla.; and Walker & Dunlop provides a 35-year Section 223(a)(7) refinance loan at low interest.
Waterbury Mixed-Use Property Trades Hands
VBF LLC, a regional owner of multifamily and commercial property, has purchased a mixed-use property at 380 West Main St. in Waterbury, Conn., for $1.48 million.