News
Landmark Properties Bringing Cottage Development for University of Arizona Students
Landmark Properties has teamed with Harrison Street Real Estate Capital in constructing nearly $400 million in student housing in eight developments. Their ninth collaboration will be a 774-bed student cottage development at the University of Arizona.
Multifamily Industry Still Limited by Credit Constraints, Says NAHB at the International Builders’ Show
The apartment sector is a bright spot in the overall housing market leading the industry’s path to recovery. However, the lack of credit to finance the development of new apartments is likely to cause a supply and demand imbalance.
RealPage Introduces Senior Living Solution
RealPage Inc., a provider of on-demand software and software-enabled services to the rental housing industry, announced an enterprise-wide, senior living solution that integrates Care Management, Community Management and Marketing Management in RealPage Senior Living.
MARKET SNAPSHOT: Fort Carson Expansion to Bring Jobs, Rental Occupancy to Colorado Springs
Fort Carson, a 137,000-acre U.S. Army Base in Colorado Springs, will see the addition of a 2,700-soldier aviation brigade by 2013, raising the total GI population of the base to around 30,000, according to Hendricks & Partners.
Economy Watch: Government, Banks to Ink Robo-Signing Settlement
The federal government, various state attorneys general and the largest banks in the country have struck a deal that would specify an assortment of mild punishments for the banks’ involvement in robo-signing.
TODAY'S DEALS: NorthMarq’s New Jersey Office Closes $158M Loan Package
NorthMarq’s New Jersey office closes a Freddie Mac CME loan package; HFF closes the sale of a value-add property; and Oculus Capital announces the second phase of a student housing development.
Manhattan Successfully Lures Renters to Luxury Buildings
The Continental, a new luxury building in New York, is already fully leased.
Cohen Financial Forms National Equity Placement Practice
Cohen Financial, a national real estate capital services firm, announced that it has formed a national equity practice to expand its current capital markets financing capabilities.
Overseas Buyer Influx Continues to Pump Up Miami Market
The reinvigoration of for-sale multifamily housing continues apace in certain markets, such as greater Miami, which is popular not only among U.S. citizens but also overseas investors.
Bell Partners Names New Executives
Bell Partners Inc., an apartment investment and management company, has named new executives to direct the company’s marketing and risk management activities.