News
Arbor Appoints Matthew Nihan as Originator in New York City Office
Arbor Commercial Mortgage LLC announced the promotion of Matthew Nihan to originator in the company’s New York City office.
Economy Watch: Fannie Mae Reports Tidy Profit
Fannie Mae reported on Wednesday that it scored net income of $2.7 billion in the first quarter of 2012, up from a net loss of $6.5 billion a year ago and $2.4 billion in 4Q11.
Northwest Georgia Property Combines Green, Affordable Features
The Northwest Georgia Housing Authority recently completed Village Green, a 10-unit public housing project designed with an unusually large number of sustainable features for an affordable property.
TODAY'S DEALS: Aragon Completes Kansas City Acquisition
Aragon Holdings breaks the 3,000-unit mark with its most recent purchase; Beech Street provides a $20.2 million refinancing loan for a Miami community; and Preferred Apartment Communities lands a mezzanine loan for a 140-unit community with an option to purchase.
St. Louis-Based Balke Brown Transwestern Opens New Multi-Family Management Division With 1,050 Units
Privately held St. Louis commercial real estate developer, manager and broker Balke Brown Transwestern added Christopher Zoellner, founder of Clayton, Mo.-based retail specialist Foundation Commercial, and some of that company’s brokers to the Balke Brown brokerage division.
Chestnut Hill Realty & Hope in Bloom Create Garden for Needham Resident Living With Breast Cancer
Chestnut Hill Realty, a full-service real estate company specializing in multifamily housing, partnered with Hope in Bloom, a Dedham-based non-profit group that provides indoor or outdoor gardens at no charge to Massachusetts’ residents undergoing treatment for breast cancer.
Boston Capital Invests in Affordable Housing in Upstate New York
A 72-unit multifamily development designed for families in Dryden, N.Y., will benefit from construction financing provided by Boston Capital.
6 Unwritten Apartment Rules That People Always Break
Here are six unwritten apartment rules that get broken all the time. Have you seen any of these unwritten rules broken by your residents?
Wood Partners LLC Announces 388-unit Alta Alameda Station Development
By Gabriel Circiog, Associate Editor Wood Partners LLC has announced plans to build a 388-unit transit-oriented community in the historic Baker district of Denver. Alta Alameda Station will be built on over five acres of land at 275 Cherokee Street, west of S. Broadway. The community will be directly across from the Alameda Light Rail […]
Economy Watch: Home Prices Finally Edging Up?
CoreLogic reported that U.S. home prices increased by 0.6 percent in March compared to February, the first month-over-month increase since July 2011.