News
Economy Watch: Drought Worsens, Global Food Prices Will Go Up
Food prices are expected to surge worldwide as part of a cascade of ill effects from the intense drought in the United States.
TODAY'S DEALS: NorthMarq Arranges $24.1M for Tampa Asset
NorthMarq Capital arranges a $24.1 million loan; Prudential Mortgage Capital closes $70 million for five senior living residences; and YAM Management buys an Indiana skilled nursing facility for $12.9 million.
Should Apartment Owners be Worried About Rising Home Sales in Texas?
In a report that might have long-term implications for the multifamily industry in Texas, which has been having a very good run lately, single-family home sale momentum seems to be returning to the state.
Boston Wharf Tower Project Tabs Suffolk Construction
Construction management at the $77 million Boston Wharf Tower project has been awarded to Boston-based Suffolk Construction Company.
Economy Watch: Mortgage Delinquencies See Uptick
U.S. mortgage delinquencies edged up a bit in the second quarter, according to the Mortgage Brokers Association on Thursday.
Canadian Investor Pounces on In-Development Brazilian Shopping Center; Expands Existing Local Asset
An under-development Sao Paulo shopping center, called Shopping Golden Square, was recently the object of a major investment by a real estate subsidiary of one of the largest Canadian institutional fund managers.
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.