News
WNC & Associates Opens Affordable Housing Unit in Claremont
Courier Place Apartment Homes, a 75-unit affordable housing complex for seniors and families, opened in Claremont, Calif., thanks to a partnership between WNC & Associates Inc. and Jamboree Housing Corporation.
Noted Affordable Housing Architect Passes Away
Peter MacKenzie AIA, 50, died March 21, 2012, at Stanford Medical Center, surrounded in the comfort and love of his wife, Nina, and their only child, Paige Josephine, 18.
Guardian Real Estate Services Hires Marsha Zimmerman Portfolio Manager for Oregon
Guardian Real Estate Services, a Portland, Ore.-based real estate management, development and investment firm, has hired Marsha Zimmerman as a portfolio manager overseeing affordable properties throughout Oregon.
TODAY'S DEALS: BPG Acquires Two Virginia Communities
BPG Properties buys two Virginia assets for $83.4 million; Crescent Resources begins a $37 million development in Florida; and HFF completes the $31 million sale of a New York property.
Apartments Underway at Huntsville's Village of Providence
Sterling Construction has broken ground on the Providence Place Apartment Homes, an apartment property in Huntsville, Ala.
Construction Completed on Woodside Oaks
Woodside Oaks, a new Miami-based affordable apartment community designed by Forum Architecture & Interior Design Inc., has just completed construction.
Economy Watch: Consumers Feeling Pretty Good
U.S. consumers were feeling peppy in February, according to the Reuter’s/University of Michigan consumer sentiment index. Consumer sentiment in March was at 76.2, its highest level since early 2011, notes the survey of 500 households on their financial condition and outlook.
TODAY'S DEALS: Cohen Financial Secures $48.8M for 12 Bay Area Communities
Cohen Financial secures financing for 12 properties; Marcus & Millichap brokers the sale of a seniors housing asset near Chicago; and Hendricks & Partners brokers a $5 million sale.
New Affordable Housing for California Seniors
AMCAL Multi-Housing recently announced the grand opening of their Montecito Terraces community, an affordable housing development for low-income seniors in the San Fernando Valley.
Brian Conlon, Inland Real Estate Investment Corporation, Joins REISA Board of Directors
Brian Conlon, Chief Executive Officer of Inland Real Estate Investment Corporation, has joined the REISA Board of Directors.