News
SoCal Apartment Project Gets $26M in Funding From Canyon-Johnson
GLJ Partners has obtained $26 million in joint venture equity from the Canyon-Johnson Urban Fund for the acquisition of a 15-acre development site.
Economy Watch: Pending Homes Sales Spike
Pending home sales were up more than expected in March, according to the National Association of Realtors.
Durbin Amendment Reduces Debit Fees
Payment processing has come a long way, but more changes are needed.
$21.6M Loan Closed for Charlotte Acquisition
Grandbridge Real Estate Capital has originated and closed a $21.6 million first mortgage loan secured by Morrison at SouthPark.
SPECIAL REPORT: AIM on the Mobile User Experience
At the 2012 AIM conference, Steve Taraborelli, VP of UDR, discussed the importance of making multifamily mobile sites accessible for users.
TODAY'S DEALS: Berkadia Lands $37M Refinance for Illinois Community
Berkadia provides a $37 million refinancing for a property in Illinois; SBV Communities completes its third acquisition in 2012 with the purchase of a 206-unit community; and Cassidy Turley BRE Commercial negotiates a $6 million sale.
MARKET SNAPSHOT: Lack of Construction in Portland to Send Vacancy Rates to Historic Lows
As the next building cycle for the Portland area is still another year out, vacancy rates are expected to fall to historic lows across the metro.
SPECIAL REPORT: AIM Conference Discusses How to Manage Ratings
At the 2012 Apartment Internet Marketing conference in Phoenix, panelists discussed the importance of Internet ratings for multifamily communities.
Panther Properties Starts Construction of Luxury Rentals in Tennessee
Panther Properties Investment has teamed with Integra Land Company to begin construction on the 264-unit Integra Creek Apartments in Murfreesboro, Tenn.