News

Strong Fundamentals Lead to Solid Manhattan Investment Sales

A new report by Ariel Property Advisors reveals that in 2011, strong fundamentals backed up investment sales in northern Manhattan.

MARKET SNAPSHOT: Minneapolis Maintains Status as Growth Leader in Employment and Occupancy

The Twin Cities is continuing to witness exceptionally low unemployment and vacancy as compared to the rest of the country.

The 5 Worst Things a Landlord Can Find When a Renter Moves Out

When your renter moves out, have you ever found anything left behind? Here is a list of the worst things a landlord might find in an apartment.

Economy Watch: ADP Reports Jobs Increase

In the most closely watched private employment estimate, payroll specialist ADP Employer Services reported on Wednesday that the U.S. private sector added 216,000 jobs in February.

Private Equity Group Tryko Expands in Baltimore

Private equity real estate group Tryko Partners LLC has expanded its presence in the Baltimore multifamily market with the purchase of Park Raven, a 253-unit community.

TODAY'S DEALS: Bascom Buys California Asset for $20.4M

The Bascom Group acquires a 128-unit community; and Walker & Dunlop provides a $7.5 million financing under Fannie Mae’s early rate-lock program.

Ground Broken for Downtown Phoenix Student Housing

EdR and Concord Eastridge have inked a deal to develop a $52 million student housing property adjacent to the Phoenix Biomedical Campus, which includes the University of Arizona School of Medicine and the College of Pharmacy.

The Rent Rite Directory Partners with the Western Regional Chapter of the International Crime Free Association

ICFA is joining forces with The Rent Rite Directory, a resident and commercial tenant reporting database that offers a patent-pending system that provides background checks on prospective tenants, incident reporting, credit history and detailed criminal background reports.

CNL Lifestyle Properties to Acquire Georgia Assisted Living Communities

Orlando real estate investment trust CNL Lifestyle Properties, Inc. announced last week its intention to acquire four Atlanta-area assisted living communities from current owner Solomon Holdings III Dogwood Four LLC, Orlando.

$500 Million Development Project Confirmed for North London Neighborhood

In a joint statement at the beginning of February, England-based Tottenham Hotspur Football Club and Haringey Council have reiterated their commitment towards the Northumberland Development Project.