News
Survey Reveals Housing Discrimination Still Major Issue in United States
According to a recent survey, community-based organizations reported that housing discrimination is still a major problem in the United States for the disabled, immigrants and families with children, among others.
TODAY'S DEALS: ARA Breaks State Record with Oklahoma Sale
ARA brokers a $77 million sale in Oklahoma; Hendricks & Partners negotiates a $38.5 million sale on behalf of TIC sellers; and Sterling University Housing sells a 122-unit community in Ohio.
George Smith Partners Hires Financing Expert Stephen Stein
Commercial real estate investment banking firm George Smith Partners has announced the addition of Stephen Stein as a vice president for the company.
NYC Property Tax Policies Favor Homeowners Over Renters, Report Finds
Owners of New York City’s large rental apartment buildings shoulder a disproportionate share of the city’s overall property tax burden, due to the fact they are subject to a higher effective property tax rate than owners of one- to three-bedroom homes.
MHN Interview: Tonya Clark, CPM, Regional Manager, Housing Management, Housing Opportunities Commission
MHN interviews Tonya Clark, CPM, regional manager, Housing Management, Housing Opportunities Commission.
Economy Watch: Hiring Takes a Dip in April
The headline numbers for employment were an increase of 115,000 in April and a small drop in the unemployment rate for the month, to 8.1 percent.
TODAY’S DEALS: CBRE Arranges Sales of Two Luxury Apartment Buildings on Capitol Riverfront
CBRE arranged the sale of two elite, Class A high-rise apartment properties; and Red provides FHA, Fannie Mae seniors housing funding.
Jerry D. Warshaw to be Inducted into NAA Hall of Fame
The National Apartment Association (NAA) announced that Jerry D. Warshaw, CPM, CAPS, founder and president of Atlanta-based Warshaw Properties, will be inducted into the NAA Hall of Fame.
Berkeley Point Capital Welcomes Executive Joe Turitz
Joseph Turitz recently joined Berkeley Point Capital LLC as General Counsel and Corporate Secretary in its Bethesda, Md., headquarters.
Park and Urban Beach Revitalize New Jersey
New Jersey Governor Chris Christie and Richard LeFrak, chairman and CEO of the LeFrak Organization, announced the opening of Newport Green, a 400-acre mixed-use property, the latest development in Jersey City.