News
New Luxury Community Opens in Cherry Hill, N.J.
The Klein Company, a Philadelphia-based real estate company, has announced the opening of a new luxury apartment community in Cherry Hill, N.J.
Philly Affordable Housing Property Wins Refi
Meridian Capital Group has closed on a $10.5 million loan to refinance Cricket Court Commons, a 228-unit Low-Income Housing Tax Credit apartment community in Philadelphia.
TODAY'S DEALS: Harbor Group International Acquires Four-Property Portfolio for $131M
Harbor Group acquires a four-property portfolio; MC Companies buys a 170-unit Austin asset; and Beech Street refinances three assets in Connecticut to the tune of $16.7 million.
MHN Interview: Tricks of the Trade for Staging Luxury Apartments
MHN talks to Cheryl Eisen, president, Interior Marketing Group, on how staging an apartment could make all the difference in closing the deal.
The Rainmaker Group Appoints VP of Strategic Initiatives
The Rainmaker Group, a provider of revenue management and profit optimization solutions to the multifamily housing and gaming/hospitality industries, announced the appointment of Steve Tappert to vice president of strategic initiatives.
Jay I. Kislak Celebrates 90th Birthday
Jay I. Kislak, who is acclaimed for his leadership in business, art and cultural realms, turns 90 this year and is marking the milestone with a variety of events.
Woodfield Investments and Bozzuto Partner on Md. Multifamily Community
Woodfield Investments, a privately owned apartment development company, has partnered with Bozzuto Management Company on Hidden Creek, a 300-unit garden apartment community in Gaithersburg, Md.
Trump Brand Extends to India as Panchshil Realty Announces Trump Towers Pune
The Trump brand is entering the Indian real estate market as Panchshil Realty announces the launch of Trump Towers Pune in the cultural capital of Maharashtra.
MARKET SNAPSHOT: New Deliveries in Tucson Skyrocket to Highest Levels Since 2006; Rents Flatline
With local employment on the rise and median home prices well below the national average, multifamily in Tucson is seeing considerable renewal.
Economy Watch: Recovering Housing Market Buoys Fannie Mae
Fannie Mae reported on Wednesday that it had a net income of about $5.1 billion for the second quarter of 2012.