News
MARKET SNAPSHOT: As Auto Industry Bounces Back, Detroit Sees Sharp Increase in Multifamily Rentals
Vacancy is set to decline in Detroit Rock City as the United Auto Workers recently struck a deal with the Big Three that will create 14,000 new jobs through 2014.
MNS Sees Positives in Brooklyn Rental Report
Residential brokerage, sales and marketing firm MNS released its January 2012 Brooklyn Rental Report, and although there was a slight decrease in rental rates for the beginning of the year, all signs point to a positive year ahead.
Economy Watch: Economy Growing, But Not Gangbusters
“The Summary of Commentary on Current Economic Conditions by Federal Reserve District” was released on Wednesday, and posited the not-quite-hopeful notion that the U.S. economy is growing, but not growing that quickly.
How Students Look for Apartments
Catalyst’s most recent survey shows what students use to look for apartments.
TODAY'S DEALS: Lee & Associates Sells a 358-Unit Asset in Long Beach
Lee & Associates transacts the sale of a 358-unit community in California; Beech Street Capital finances a $9.5 million loan for a Miami acquisition; and NorthMarq Capital arranges a $20.1 million mortgage/bridge loan for a seniors housing portfolio.
Argo Expands Manhattan Co-op Management Portfolio
Argo Real Estate, a specialist in New York-area real estate, has been selected as property manager for three residential co-op properties in Manhattan.
Oak Grove Capital Announces Andrew Deming as VP of Trading
Oak Grove Capital, a leading provider of real estate financial services, announced today that Andrew Deming has joined the St. Paul-based mortgage lender as vice president of trading.
SPECIAL REPORT: Webinar Outlines What it Takes to Implement Successful Submetering
In a recent webinar organized by Multi-Housing News, speakers provided advice on the key components of an effective submetering program.
RED CAPITAL GROUP's Tracy Peters Joins National Housing & Rehabilitation Association Board
Red Capital Markets LLC, the investment banking arm of comprehensive capital provider RED CAPITAL GROUP, LLC, announced that Tracy W. Peters has joined the National Housing & Rehabilitation Association (“NH&RA”) Board of Directors.
EdR Announces Joint Venture at University of Mississippi
A new $36 million off-campus student housing community to open in fall 2013 near the University of Mississippi will be developed, owned and managed through a joint venture between EdR and Landmark Properties.