News
The Atlantic, an Exclusive Atlanta High-Rise, Now Available for Lease
The Atlantic, which at 47 stories is the tallest residential high-rise in mid-town Atlanta, is now available for lease by renters.
Economy Watch: Foreclosures Drop Temporarily
RealtyTrac reported on Thursday that U.S. foreclosure filings occurred on about 572,900 properties during the first quarter of 2012, down 2 percent from the previous quarter and down 16 percent from the first quarter of 2011.
TODAY'S DEALS: KBS REIT Acquires 255-Unit Asset Outside Baltimore
KBS Legacy Partners Apartment REIT buys a Maryland asset; Strategic Capital Partners acquires a community in Oklahoma City; and NAI Hunneman brokers the $2.7 million sale of a 100 percent-occupied building.
Ground Breaks for Affordable Housing Property in Columbus
Ground has been broken for Franklin Station, a 100-unit affordable apartment property in Columbus that will serve elderly and special-needs homeless people.
MHN Interview: Nicholas Dunlap, CPM, Dunlap Property Group
Nicholas Dunlap, CPM, Dunlap Property Group, describes improving the operation of someone’s investment.
Scott Brown Group Appoints Vice President for Multifamily Division
Scott Brown Group, a real estate investment and management firm, announced that Neil Bertrand has joined the organization as vice president of the multifamily division, Scott Brown Residential.
Miller Adds VP to the DFW Multifamily Investments Division
Hanie joins Henry S. Miller Brokerage as an experienced multifamily investments specialist.
Praedium Group Teams with the Carroll Organization on Houston Multifamily Property Purchase
The Praedium Group and The Carroll Organization have partnered to acquire a 302-unit apartment community in Houston.
MARKET SNAPSHOT: Vibrant Economy in Oklahoma City Promotes Multifamily Expansion
Posting a 5.5 percent unemployment rate, the lowest in the country, Oklahoma City is making tremendous strides in both single-family and multifamily housing.
Economy Watch: Beige Book Moderately Optimistic
The latest “Summary of Commentary on Current Economic Conditions by Federal Reserve District” reported that “hiring was steady or showed a modest increase across many districts,” which may or may not contradict the March jobs numbers reported by the government earlier this month.