News
TODAY'S DEALS: Grandbridge Closes $121M Financing
Grandbridge closes a $121 million acquisition loan for a property in Arlington, Va.; Southeast Apartment Partners completes an $18.6 million sale in North Carolina; and a Charles Dunn Co. sale breaks the price-per-square-foot record for the 90034 zip code in Los Angeles.
Property Solutions’ LeasingCenter Delivers Improved Lead Capture and Customer Support
Property Solutions International Inc. announced the release of LeasingCenter, call answering service that uses software integration and trained associates to provide prospects and residents with 24/7 assistance.
CORT Partners with Apartment Communities to Raise Funds Supporting Military Families through the Fisher House Foundation
CORT worked with apartment communities across the nation to donate nearly $27,000 to the Fisher House Foundation, which provides a home away from home for families of patients receiving medical care at military and Virginia medical centers.
Accelerated Marketing Partners Collecting Sealed Bids for Jersey Shore Properties at Coastal Colors
Accelerated Marketing Partners will conduct a sealed-bid auction for the last three remaining luxury townhomes at Coastal Colors, an oceanfront resort community in Wildwood Crest, N.J.
MARKET SNAPSHOT: Strong Employment, Mortgage Financing Woes Keep Apartment Demand High in San Antonio
Employment in the San Antonio metro area increased by 1.2 percent in 2011, considerably higher than the 0.7 percent seen in 2010 and translating to the addition of 10,000 jobs.
Military Contraction to Impact San Diego Multifamily Market
The downsizing of the U.S. military presence in San Diego is expected to have a long-term impact on the apartment market in the area, and not for the better.
What to Do When You Can Hear Your Neighbors
Unfortunately, when you live in apartments, sometimes you can hear your neighbors. Here are some ways to cut down on the noise.
TODAY'S DEALS: HFF Secures $19.3M for Gainesville Apts
HFF secures a $19.3 million financing from Prudential Mortgage Capital on behalf of Epoch Properties; Kennedy Wilson acquires a Dublin asset next to Google’s European HQ; and Centerline Capital Group provide a $2.25 million Fannie Mae loan to a property in Minnesota.
Former Atlanta Condo Building Begins Life as a Rental Property
Once upon a time, condo conversion meant taking a rental property and selling off the units piecemeal. More recently, conversion has gone the other way: condos that never sold because of the recession are becoming rental units.
Investment Firm Finds Unique Opportunity in Ireland
Kennedy Wilson, a Beverly Hills, Ca.-based international real estate investment firm, has acquired Alliance Building, a 210-unit asset in Dublin, Ireland.