News
NCSHA Announces New Board of Directors
The National Council of State Housing Agencies (NCSHA) announced its new Board of Directors, elected by its state HFA members.
BC Invests in 120-Unit Community
Thanks to tax credit equity from the Low Income Housing Tax Credit program, Boston Capital has invested in the Bradford Mews Apartments, a 120-unit development for families in Smithfield, Va.
Economy Watch: Bankruptcy Cases Drop in 2012
Bankruptcy cases filed in federal courts for fiscal year 2012, which is the 12-month period ending September 30, 2012, totaled 1,261,140, down 14 percent from the 1,467,221 bankruptcy cases filed in FY 2011, according to the Administrative Office of the U.S. Courts.
National Multi Housing Council Promotes Julie Tulipane Stalknecht to Senior Vice President
The National Multi Housing Council (NMHC) promoted Julie Tulipane Stalknecht to senior vice president, membership, meetings & marketing.
Wood Partners Plans Apartments in Suburban Denver
Wood Partners, one of the nation’s larger multifamily developers, has unveiled plans for Alta Harvest Station Apartments in Broomfield, a major suburb of Denver.
COMMENTARY: Not Just an Election—A Realignment
By winning re-election by a considerable margin, President Obama and his policies have become solidified in the nation’s social compact.
TODAY’S DEALS: Koontz McCombs Sells an Austin Asset
A 344-unit asset trades in Austin; Archstone buys a community in Los Angeles for $56 million; and Chozick Realty brokers student apartments for $16.1 million.
Yardi Pledges $500,000 Investment in The National Apartment Association’s NAA Education Institute
The National Apartment Association recently announced that Yardi has committed to an investment of $500,000 for the NAA Education Institute Capital Campaign.
HFF Lists Chicago Multifamily Mid-Rise Community
HFF, on behalf of Malkin Properties of Illinois Inc., has announced that it will market the sale of Glen Oaks Commons, a 504-unit, mid-rise apartment community in Chicago’s northwest suburbs.
Storm Leads to Decrease in Mortgage Applications, Says MBA
Mortgage applications decreased 5.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 2, 2012.