News
MHN Interview: Tonya Clark, CPM, Regional Manager, Housing Management, Housing Opportunities Commission
MHN interviews Tonya Clark, CPM, regional manager, Housing Management, Housing Opportunities Commission.
Economy Watch: Hiring Takes a Dip in April
The headline numbers for employment were an increase of 115,000 in April and a small drop in the unemployment rate for the month, to 8.1 percent.
TODAY’S DEALS: CBRE Arranges Sales of Two Luxury Apartment Buildings on Capitol Riverfront
CBRE arranged the sale of two elite, Class A high-rise apartment properties; and Red provides FHA, Fannie Mae seniors housing funding.
Jerry D. Warshaw to be Inducted into NAA Hall of Fame
The National Apartment Association (NAA) announced that Jerry D. Warshaw, CPM, CAPS, founder and president of Atlanta-based Warshaw Properties, will be inducted into the NAA Hall of Fame.
Berkeley Point Capital Welcomes Executive Joe Turitz
Joseph Turitz recently joined Berkeley Point Capital LLC as General Counsel and Corporate Secretary in its Bethesda, Md., headquarters.
Park and Urban Beach Revitalize New Jersey
New Jersey Governor Chris Christie and Richard LeFrak, chairman and CEO of the LeFrak Organization, announced the opening of Newport Green, a 400-acre mixed-use property, the latest development in Jersey City.
Economy Watch: April Hiring Tepid
Economists had thought that hiring would be a little weak in April, and they were right.
NDC Launches New Equity Fund
The National Development Council has launched its 10th low-income housing tax credit fund.
TODAY'S DEALS: Berkeley Point Provides $22.7M for Alabama Acquisition
Berkeley Point lands a $22.7 million acquisition loan for a property in Alabama; Holliday Fenoglio Fowler lands a large marketing contract in Chicago; and Grandbridge Real Estate Capital closes on a $61.8 million Fannie Mae acquisition financing.
MARKET SNAPSHOT: Employer Growth Translates to Plummeting Vacancies and Higher Rents in Louisville, Ky.
An expansion in payrolls is likely to add an exclamation point to an already strengthening multifamily sector in Louisville, as employers such as UPS, General Electric and Ford plan to boost hiring in the metro throughout 2012.