News
Economy Watch: Homeownership Still on Downward Slide
The Census Bureau reported that the U.S. home ownership rate was 65.4 percent of all households during the first quarter of 2012, a contraction of 0.6 percentage points since the fourth quarter of last year, and down from 66.4 percent a year ago.
LeaseHawk, Formerly CallSource Multifamily, Opens Arizona Headquarters
Three months ago, multifamily technology entrepreneur Mike Mueller acquired CallSource Inc.’s multifamily.
Contact At Once! Selected As Apartment Chat Provider For Greystar’s Seattle Properties
Contact At Once!, a provider of apartment chat software, announced that Greystar has selected Contact At Once! to deliver online live chat for their Seattle, Washington rental properties.
W. Dean Henry to Lead NAHB's Multifamily Leadership Board
The National Association of Home Builders (NAHB) announced that W. Dean Henry, a real estate executive from Foster City, Calif., has been appointed chairman of NAHB’s Multifamily Leadership Board (MLB).
Western Union and Neighborhood Pay Services Announce Agreement to Provide Prepaid Card trogram To Multifamily Property
Neighborhood Pay Services, LLC (NPS), innovators in Rent Assurance for the $300 billion Multifamily Housing industry, announced an agreement with The Western Union Company, a leader in global payment services, to offer Western Union Prepaid MasterCard products to renters across the United States.
Oak Grove Capital Selected as Lender for FHA Tax Credit Pilot Program
Oak Grove Capital, a national provider of real estate financial services, announced its selection as a lender for FHA’s new Tax Credit Pilot Program.
JV Begins Work on Savannah Apartment Development
A partnership between Cortland Partners and Batson-Cook Development Co., both based in Atlanta, has broken ground on Two Addison Place in Pooler, Ga., northwest of Savannah near I-95.
PROFILE: LeaseRunner
Since Joe Buczkowski could not find a website that would help him to perform the application, screening and leasing functions easily, he decided to create his own.
Mixed-Use Development Under Construction in Bethesda
Ground was broken last week on an ambitious mixed-use development in the heart of Bethesda, Md.
TODAY'S DEALS: ARA Brokers Sale of Florida Development Site
ARA completes a land sale in St. Petersburg; Southeast Apartment Partners brokers a $55.1 million sale in Virginia; and Hendricks & Partners completes a $38.5 million sale.