News
Bundles of Joy
Providers will be adding more services to the standard voice-data-video telecom package.
WNC Founder and Chairman Wilfred Cooper, Sr. Inducted into CA Homebuilding Foundation’s Hall of Fame
Wilfred Cooper, Sr., founder and chairman of WNC & Associates, will be honored as an inductee into the California Homebuilding Foundation’s Hall of Fame.
JV Obtains Equity Funding for Austin Residential High-Rise
Endeavor Real Estate Group, an Austin-based commercial real estate company, and LYND, a San Antonio-based multifamily specialist, have secured equity for their mixed-use joint venture development in downtown Austin, 3 eleven Bowie.
NAREE Special Report: Multifamily’s New Trajectory
Despite growing rents and occupancies, there is still room for improvement in the multifamily sector.
Nest Thermostat Learns User Habits and Cools Accordingly
The Nest Learning Thermostat is not your parent’s programmable thermostat. The unit will learn a resident’s schedule within a week and begin to automatically turn down heating or cooling when they are away.
TODAY’S DEALS: Walker & Dunlop Closes $27.5M Refinance
Walker & Dunlop lands $27.5 million in financing; Wood Partners and Love Funding close on a $26.8 million construction loan; and Alliant Capital completes an $8.1 million refinance loan carrying 3.21 percent interest.
Perry Smiley Appointed Vice President, Multifamily Solutions
HD Supply Facilities Maintenance—supplier of maintenance, repair and operations (MRO) products—announced that Perry Smiley has been named the company’s vice president of Multifamily.
Senior Affordable Housing Apartments in Canton Receive $10 Million from AFL-CIO Housing Investment Trust
The AFL-CIO Housing Investment Trust has agreed to invest $10 million in the rehabilitation of the 144-unit Mayfield Manor Apartments, a senior affordable housing community in Canton, Ohio.
Economy Watch: New Home Sales Spike Unexpectedly
The Census Bureau recently reported that new home sales in May were at an annualized rate of 369,000 units, up 7.6 percent from the revised April rate of 343,000 units.
Yardi Introduces New Multifamily Technology Systems at NAA
Yardi announces new multifamily solutions at the 2012 NAA Education Conference & Exposition.