News
TODAY'S DEALS: ARA Brokers $18.5M Sale in South Carolina
ARA brokers the sale of two assets; Associated Estates buys an L.A. office with plans to build apartments; and NorthMarq Capital arranges a $15.5 million mortgage for a Washington, D.C., property.
$131 Million Military Housing Named Project of the Year
The American Public Works Association, San Diego/Imperial Chapter, has recently named The Bachelor Enlisted Quarters (BEQ) at Camp Pendleton, a $131 million property, as its 2012 Project of the Year.
SPECIAL REPORT: Financing Availability, Low Interest Rates Drive CRE Markets
Debt financing has returned to the commercial real estate markets, deleveraging will likely continue, and the stream of distressed loans will continue to flow into the market, according to speakers at the 2012 ULI Spring Meeting held last week.
McKinley Hires Alexandra Jackiw as Managing Director – Residential Client Services
McKinley is pleased to announce that Alexandra Jackiw has accepted the position of managing director – residential client services.
Herring-Parsons Named Director of Compliance at Ahepa Management Company
Ahepa Management Company, a property management firm providing onsite management for affordable senior housing communities, has announced the promotion of Lucinda Herring-Parsons to the position of director of compliance.
Steadfast Income REIT Acquires Luxury OKC Property
Steadfast Income REIT has made its second Oklahoma City-area acquisition of the young year.
Economy Watch: Consumers Feeling Unexpectedly Better
The Reuters/University of Michigan consumer sentiment index spiked unexpectedly on Friday to a mid-May reading of 77.8, up from 76.4 a month ago, which is the highest level since early 2008.
UDR Announces Resignation of Chief Financial Officer
After ten years with UDR, David L. Messenger has decided to pursue a unique opportunity outside of the company.
In Honor of Mother's Day: Motherly Advice For Moving into a First Apartment
In honor of Mother’s Day, here is some motherly advice for moving into a first apartment. What is some advice you’ve received from your mom/given to your children?
Florida Multifamily Development Going for NAHBGreen Gold
SeaBourn Cove, a 456-unit multifamily project on 23 acres in Boynton Beach, has been acknowledged as the largest such development to pursue gold level certification from the National Green Building Program.