News

RealPage Releases New eMoney Order Functionality

RealPage Inc., a provider of on-demand software and software-enabled services to the rental housing industry, announced the launch of the eMoney Order payment solution available through its RealPage Payments platform.

Manhattan Multifamily Sales Jump in First Quarter

According to a report by Ariel Property Advisors, New York multifamily sales increased 34 percent in the first quarter of 2012.

Seniors Housing Sees Occupancy Uptick

Seniors housing occupancy saw an uptick in the first quarter of 2012, according to the most recent report on the industry by NIC MAP.

Anne Frank House Receives $25,000 Grant to Help Homeless Individuals in Washington, D.C.

Anne Frank House announced that it has received a $25,000 grant from a charitable foundation that prefers to remain anonymous.

TODAY’S DEALS: Iconic Silicon Valley Multifamily High-Rise Tower Commands $118M

Institutional Property Advisors arranged the sale of 360 Residences, a high-rise tower in San Jose; and Northmarq closed on $10.86 million in refinancing for an assisted living facility in Colorado.

Commission Approves Student Apartments

A city committee voted unanimously to grant final approval for a 65-unit development on West Dayton Street that would primarily provide a new apartment building for students.

RentSentinel and Apartment Marketing Systems Announce Partnership to Offer Social Media Made Easy

RentSentinel, a provider of apartment marketing management software, announced their partnership with Apartment Marketing Systems to provide Social Media Made Easy™ to their existing and future customers.

McKinley Aquires Geneva Park Apartments in Cary, N.C.

McKinley is has acquired the 248 unit Geneva Park apartments in Cary, N.C., on behalf of one of its institutional clients.

Wood Partners to Build North Carolina Luxury Rental Community

The new, highly walkable Park West Village in Morrisville, N.C., will be the site of a luxury apartment community called The Bristol, developed by Wood Partners LLC.

Golden Opportunity

California’s major multifamily markets have remained strong.