News
TODAY'S DEALS: Scion, Virtus Acquire Student Housing Community
HFF provides acquisition financing for a joint venture acquisition; Questar Properties opens a new 561-unit property in Anne Arundel County, Md.; and Centerline Capital provides a $11.6 million DUS facility for a student housing purchase.
The Bozzuto Group Names New Director of Learning & Development
The Bozzuto Group, a Washington, D.C.-based real estate services organization, today announced that Steven Fretwell has joined the company as director of learning and development.
New Development Breaks Ground in Ballpark District
Alliance Residential has begun construction on Broadstone Blake Street, a six-story, 164-unit luxury apartment community, located in the heart of Coors Field, bordering the Lodo District in downtown Denver.
Economy Watch: Employment Trends Still Positive
Despite lackluster official employment numbers, hiring is still moving in the right direction.
PROFILE: Koss Resource
Michael Koss, the founder of Koss Resource, predicts that the website will be a “game changer” in the real estate business.
Habitat for Humanity to Rehab Three Brooklyn Properties
Enterprise Community Partners and Habitat for Humanity New York City have closed on a $2.9 million loan that will enable Habitat-NYC to acquire and rehabilitate three distressed multifamily buildings in the Bedford-Stuyvesant neighborhood of Brooklyn.
Survey Reveals Housing Discrimination Still Major Issue in United States
According to a recent survey, community-based organizations reported that housing discrimination is still a major problem in the United States for the disabled, immigrants and families with children, among others.
TODAY'S DEALS: ARA Breaks State Record with Oklahoma Sale
ARA brokers a $77 million sale in Oklahoma; Hendricks & Partners negotiates a $38.5 million sale on behalf of TIC sellers; and Sterling University Housing sells a 122-unit community in Ohio.
George Smith Partners Hires Financing Expert Stephen Stein
Commercial real estate investment banking firm George Smith Partners has announced the addition of Stephen Stein as a vice president for the company.
NYC Property Tax Policies Favor Homeowners Over Renters, Report Finds
Owners of New York City’s large rental apartment buildings shoulder a disproportionate share of the city’s overall property tax burden, due to the fact they are subject to a higher effective property tax rate than owners of one- to three-bedroom homes.