News
Portland Apartment Market Still Favors Landlords
Portland might not have the best local economy among markets its size, but it does have a certain ‘je ne sais quoi’ that attracts young people interested in the lifestyle that the city has to offer, according to the most recent report on Portland’s apartment market by investment property specialist Marcus & Millichap.
MHN Interview: Michael Daniels, CEO, Cagan Management Group
MHN interviews Michael Daniels, CPM, CEO of Cagan Management Group.
Behringer Harvard Starts Construction on Delray Beach Luxury Development
Construction has begun on a 180-unit luxury apartment community in Delray Beach, Fla., Behringer Harvard announced recently.
Economy Watch: State Unemployment Inches Upward
The Bureau of Labor Statistics reported on Friday—and got more attention than usual for it, because of the upcoming election—that regional and state unemployment rates were generally little changed or slightly higher month-over-month in July.
TODAY'S DEALS: Passco Buys 240-Unit Asset in South Carolina
Passco Companies buys a Class A asset; Behringer Harvard acquires a Dallas site for a joint venture development; and NorthMarq Capital arranges a $23.5 million refinance loan.
MHN Interview: CEO of CDT Discusses the State of Capital for Affordable Housing
The Community Development Trust recently was awarded $1.45 million from the Community Development Institutions Fund (CDIF) to preserve affordable housing. MHN talks to Joe Reilly, president and CEO of CDT about this award, as well as the state of capital for affordable housing across the country.
Undeveloped Tract Transformed into a $35M Mixed-Use Project in East Austin
By Camelia Bulea, Associate Editor Richard deVarga, a local developer and architect, and Robert Summers, an Austin attorney and arts advocate, recently bought 25 acres of undeveloped land in East Austin and plan to convert it into a $35 million mixed-use project that will include 150 residences along with public, studio and retail space. It […]
Chinese Developer Announces Residential and Commercial Developments in Two Very Different Markets
A Chinese development company has announced the beginning of works on two different real estate projects worth $35.3 million.
NAHB Announces Call for Entries for the 2013 National Sales and Marketing Awards
New home sales and marketing professionals and designers are encouraged to submit entries for the 2013 National Sales and Marketing Awards, sponsored by the National Association of Home Builders (NAHB) National Sales and Marketing Council.
Economy Watch: Housing Starts Take Small Dip
According to the Census Bureau on Thursday, housing starts dropped in July to an annualized rate of 746,000.