News
Best Practices for Getting an Apartment Leased
In a recent webinar called “Tips to Soar this Leasing Season,” Amy Kosnikowski Dilisio, principal, Quintessential Marketing and Training, provided tips for leasing agents to best convert prospects into renters.
TODAY’S DEALS: Campus Crest Starts $82.5M of New Projects
Campus Crest announces three projects; Grandbridge Real Estate Capital provides a $24 million first mortgage loan; and Essex Realty Group brokers the sale of a four-unit mixed-use property for $1.5 million.
Freddie Mac Announces Tenth $1 Billion Multifamily Securities Offering This Year, K-019
Freddie Mac today announced a new offering of Structured Pass-Through Certificates (“K Certificates”), which are multifamily mortgage-backed securities.
PROFILE: Wharton Equity Partners
Peter Lewis, chairman, president and founder of Wharton Equity Partners, has seen several real estate cycles. So does he have any predictions for the current one?
Passco Acquires Luxury Alabama Apartment Community
In a multimillion-dollar transaction, Irvine, Calif.-based real estate investment firm Passco Companies LLC has acquired a 260-unit luxury apartment community called Stonegate in Birmingham, Ala.
RealPage Acquires Rent Mine Online
RealPage, Inc., a provider of on demand software and software-enabled services to the rental housing industry, recently announced that it has acquired RentMineOnline Inc., a software-as-a-service provider of social network marketing solutions for the multifamily rental housing industry (www.rentmineonline.com).
Projected Economic Activity Downgraded for Second Half of 2012 Housing Remains a Bright Spot Despite Overall Slowdown
Recent data indicate a slowdown in economic activity for the remainder of 2012, yet modest growth is still expected, according to Fannie Mae’s Economic & Strategic Research Group.
Economy Watch: State Unemployment Rates Stuck in Neutral
The Bureau of Labor Statistics said that state and regional unemployment rates didn’t budge much in June.
RENTCafe Promotes Online Leasing
Consumers are accustomed to managing their needs online. Market demand for online leasing is strong, the available technology is solid, and widespread industry adoption of online leasing is expected. RENTCafé™, an apartment search website with thousands of high-quality rental listings across the U.S., allows property managers to streamline the application process with online leasing. With an appealing design and easy-to-use features, RENTCafé helps market communities, attract new residents, and process and approve rental applications–even when the leasing office is closed. The online application process allows interested prospects to apply to rent an apartment viewed online or in person. RENTCafé delivers…
NWP Services Corporation Opens Ann Arbor Office
he Ann Arbor office will support NWP’s new SmartSource service