News
TODAY'S DEALS: Waterton Associates Re-Enters Phoenix With 576-Unit Purchase
Waterton Associates buys a Phoenix asset; EdR breaks ground on Phase II at Mansfield University; and Centerline Capital Group provides a FHA 223(a)(7) refinance mortgage to replace an existing 221(d)(4) loan and lower interest rate.
Kushner Buys Stake in Baltimore/DC Apartment Portfolio
Kushner Cos. has acquired roughly a 25 percent ownership stake in 10 multifamily assets totaling 5,517 units in Baltimore County and Prince George’s County, Md.
We Have a Winner for the MHN/RENTCafe Dream Apartment Pinterest Contest
After much deliberation, we have picked a winner for the MHN/RENTCafe Dream Apartment Pinterest contest. Congratulations to Jamie Lynn Natole, director of sales, design, social media and marketing at NM Residential!
HFF Hires Jordan Robbins as Director in its Denver office
HFF announced today that Jordan Robbins has joined the firm as a director in its Denver office.
Apartment Community to Break Ground in Hyattsville
A neighborhood of Hyattsville, Md. promises to take another step forward on its road to revitalization with the mid-September groundbreaking of a new 283-unit luxury apartment community.
Economy Watch: European Rumors Move European Market
The European Central Bank has been the subject of a new wave of speculation and news reports in recent days, to the effect that the sort-of central bank for the euro-zone will begin buying bonds of the currency bloc’s weaker nations to prevent a zone meltdown.
TODAY'S DEALS: PCCP Provides $30M for Delaware Recap
PCCP provides $30 million for the recapitalization of a 214-unit asset; Fountain Residential breaks ground near Texas Christian University; and NorthMarq Capital arranges a $25.39 million Freddie Mac mortgage.
MAA Acquires 394-Unit Community
MAA announced that is has acquired Retreat at Lake Nona, a community in Orlando, Fla.
Houston Apartment Award Presented for Just Fourth Time in 52 Years
For only the fourth time in the 52 year history of the Houston Apartment Association (HAA), the organization will present its Lifetime Achievement Award to a supplier of the multifamily industry
Miracle Mile Development Breaks Ground Under Favorable Circumstances
By Alex Girda, Associate Editor
BRE Properties recently broke ground on an 800,000-square foot mixed-use development at the corner of Wilshire Boulevard and La Brea Avenue. The $105 million project is situated just at the edge of the coveted Miracle Mile […]