News
TODAY'S DEALS: HFF Arranges $400M Refi for 2,600 Units
Holliday Fenoglio Fowler lands a $400 million portfolio refinancing; a Pradeium, Brooktree partnership acquires an 81-unit asset; and Walker & Dunlop funds an $11.8 million refinance loan under Freddie Mac’s CME execution.
'Economy Watch' Podcast with Dees Stribling: Many Hired in February
February was a good month for hiring new workers.
Berkadia Hires Top Producer Mitch Thurston and Associate Andy Ahlers
Berkadia announced that Mitch Thurston and Andy Ahlers have rejoined the company as senior vice president and vice president, respectively.
New Bill Addresses California Affordable Housing Crisis
With government funding reaching new nadirs and the housing market yet to sort itself out, both renters and would-be homeowners face hurdles finding affordable housing. The problem is likely even worse in California than it is nationally.
NYC Financial District's Apartment Market Tighter Now Than in '06
Who’s got the upper hand when it comes to renting an apartment in New York’s Financial District? According to a report by Platinum Properties, these days the landlord does.
Economy Watch: Hiring Remains Strong in February
The U.S. Bureau of Labor Statistics reported on Friday that the economy created 227,000 jobs in February, which is strong but somewhat less strong than during January, which saw a hiring environment that created 243,000 jobs.
TODAY'S DEALS: MG Properties Buys Reno Asset for $27 Million
MG Properties Group buys a 324-unit asset in Reno, Nev.; FHLBank awards affordable housing grants for 59 projects; and Madison Realty acquires $28.7 million in non- and sub-performing loans.
North Hollywood Apartments Sell for $74M
UBS Inc. has purchased NoHo-14, a 180-unit apartment complex in the North Hollywood Arts District of Los Angeles’ San Fernando Valley.
Greystar Raises More Than $650,000 for St. Jude Children's Research Hospital
Greystar announced today that their national fundraising drive raised $691,541 for St. Jude Children’s Research Hospital, one of the world’s premier centers for research and treatment of pediatric cancer and other deadly diseases.
RealPage Releases Public Housing-50058 Functionality for Affordable Housing Property Managers
RealPage, announced its public housing-50058 functionality for OneSite® Affordable customers, enabling property owners to expand the use of their OneSite Affordable application within their public housing portfolio.