News

TODAY'S DEALS: MAA Buys a 230-Unit Community in Atlanta

MAA completes a 230-unit purchase in Atlanta; IPA brokers the sale of Sentinel Real Estate’s 216-unit Lakes of Northdale near Tampa; and Centerline Capital provides a $39.6 million refinancing transaction.

Could Your Apartment Be Haunted?

What would you do if a resident said his apartment was haunted? Here are some explanations for possible “supernatural” occurrences.

Edgewood Management Company Announces New President and CEO Cindy Sanquist

Edgewood Management Corporation recently announced the promotion of Cindy Sanquist to the position of president and CEO.

Team Approach Taken for Bronx Affordable Housing Development

In a collaborative effort, Enterprise, The New York City Housing Authority, Bronx Pro Group, New York City Department of Housing Preservation and Development, and Services for the UnderServed are constructing a 49-unit green supportive housing development.

Crossville Launches New Porcelain Tile Line

Crossville releases Shades by Crossville, a new line of versatile porcelain tiles that create an urban look by pairing minimalist colors with a detailed linear texture.

Economy Watch: The Continuing Euro-Crisis

After spending some time out of the headlines, the shaky situation in Europe, and its hard-to-predict impact on the world economy, has returned with considerable force to the news.

Nashville Condo Market Perks Up

Written off as comatose as little as a year ago, Nashville’s condo market has shown signs of life recently, with the overhanging inventory of developer-owned (and lender-owned) units finally burning off.

TODAY'S DEALS: ARA Brokers $18.5M Sale in South Carolina

ARA brokers the sale of two assets; Associated Estates buys an L.A. office with plans to build apartments; and NorthMarq Capital arranges a $15.5 million mortgage for a Washington, D.C., property.

$131 Million Military Housing Named Project of the Year

The American Public Works Association, San Diego/Imperial Chapter, has recently named The Bachelor Enlisted Quarters (BEQ) at Camp Pendleton, a $131 million property, as its 2012 Project of the Year.

SPECIAL REPORT: Financing Availability, Low Interest Rates Drive CRE Markets

Debt financing has returned to the commercial real estate markets, deleveraging will likely continue, and the stream of distressed loans will continue to flow into the market, according to speakers at the 2012 ULI Spring Meeting held last week.