News

TODAY'S DEALS: Charles Dunn Completes $17M L.A. Sale

Charles Dunn Company completes a $17 million sale in Los Angeles; SL Green closes a joint venture acquisition with Stonehenge Partners; and NorthMarq Capital arranges a $20.1 million mortgage/bridge loan for a seniors housing portfolio.

Florida Master Planned Communities Doing Well Despite Headwinds

Despite the difficult residential market in Florida, the top-selling U.S. master planned community in 2011 is in that state, according to a new study by John Burns Real Estate Consulting, as is the number-nine seller.

MARKET SNAPSHOT: Las Vegas Recovers Select Jobs, Increasing Multifamily Sales

Multifamily sales in the Las Vegas metro area increased by 59.6 percent between the third quarters of 2010 and 2011, this in concurrence with the overall unemployment rate dropping from 15.5 percent to 14.2 percent.

2012 Most Powerul Mortgage Banking Firms (w/ Podcast)

The results to our 2012 ranking of the Most Powerful Mortgage Banks are in. Take a look at the list and listen to Mike Ratliff and Jack Kern dissect the results. Multifamily landed 47 percent of all lending disclosed by our respondents.

Corcoran Sunshine Announces 2011 Deal Volume in Excess of $1 Billion

Corcoran Sunshine Marketing Group held its annual awards celebration last week, recognizing more than $1 billion in closed new development sales in 2011.

Village Green 'City' Brand Coming to Downtown Ann Arbor

The first market rent luxury apartment building to come to downtown Ann Arbor in the past quarter century will be built by Village Green.

Economy Watch: Home Prices Continue Their Slide

The recent modest upticks in residential property sales, at least for existing homes, haven’t translated to price increases in most U.S. housing markets, according to the latest S&P/Case-Shiller Indices.

HFF Portland hires Ira Virden as Director

HFF announced today that it has hired Ira Virden as a director in its Portland office. Virden will focus on multi-housing investment sales transactions in the Pacific Northwest.

Hunt Companies Selects Grace Hill Inc. as Provider of Learning Management System

Grace Hill Inc., a provider of online education and learning management systems for the multifamily housing industry, announced that Hunt Companies Inc. has selected the company as its provider of online education courseware for their military housing property management associates.

It's a Slow but Steady Recovery for Seniors Housing

The seniors housing sector is fighting its way back to health, and the numbers tell the story.