News
Advanced Management Company Goes Smoke Free Company-Wide
Advanced Management Company of Lake Forest, Calif., recently announced the kick off of their company-wide “breathe easy” initiative.
MARKET SNAPSHOT: Apartment Demand Falls in Memphis, Causing Vacancy Rate to Flatline
In a market that has not been too friendly to multifamily over the past decade, demand in 2011 ticked slightly downward from a record-breaking performance of 1,149 unit absorptions in 2010.
Economy Watch: No QE3 Just Yet, But More Twist
The Federal Open Market Committee issued a statement about the economy and what it plans to do in the near future about its stubborn sluggishness.
ULI Spring 2012 Meeting: Transit Corridor Property Tour
MHN attended a property tour entitled “Connecting the City of Charlotte: Exploring the Award Winning Transit Corridor” during the Urban Land Institute’s Spring Meeting held in Charlotte, N.C. Here are some photos taken during the tour.
APARTMENT MARKET STATISTICS: June 2012
Multi-Housing News’ June 2012 Apartment Market Statistics section shows that permits continue to exceed 200,000 units for the fourth consecutive month, and condos and coop sales are higher than in 2011.
California Apartments Being Renovated to Attract Students
Work is under way on the renovation of the Grove, an 80-unit apartment property in Davis.
TODAY’S DEALS: AIG Lands $37.2M for 379-Unit Tampa Asset
AIG Global Real Estate finances a Class A property; Walker & Dunlop provides $74.4 million to a 634-unit asset; and KeyBank Real Estate Capital closes a $15.8 million loan through Freddie Mac’s Capital Markets Execution program for a Class A property.
Interview with Brian Ward: Guide to Investment Partnerships
Brian Ward, chief investment officer TCG Capital Markets LLP, supplies a guide to structuring investment partnerships and points out important trends in equity preferences today.
Bozzuto Management Company Selects PeopleAnswers as Talent Assessment Solution
PeopleAnswers recently announced a software licensing agreement with Bozzuto Management Company, a subsidiary of The Bozzuto Group of companies.
Marcus & Millichap Promotes John Susank to Vice President Investments
Marcus & Millichap Real Estate Investment Services, a real estate investment services firm, has promoted John Susank to vice president investments.