News

NAP Plans Apartment Development in Atlanta's Old Fourth Ward

North American Properties has closed on 3.7 acres in Atlanta’s Old Fourth Ward and plans to develop a five-story apartment building on the site.

TODAY'S DEALS: Mixed-Income High-Rise Opens in Arlington

Bozzuto, Chesapeake Community Advisors complete a mixed-income high-rise in Arlington; Wood Partners begins a new development in North Carolina; and American Realty Advisors buys a 264-unit community outside of Atlanta.

TurnSocial Announces 'Leads Bar' to Increase Conversions on Multifamily Websites

TurnSocial, a provider of social toolbars for apartment websites, is introducing the TurnSocial Leads Bar—a one-click lead-capture tool.

'Economy Watch' Podcast with Dees Stribling: Not a Great Week for the Economy

Not a great week for the economy, but the Fed did manage to re-assure investors that things weren’t terrible.

The Atlantic, an Exclusive Atlanta High-Rise, Now Available for Lease

The Atlantic, which at 47 stories is the tallest residential high-rise in mid-town Atlanta, is now available for lease by renters.

Economy Watch: Foreclosures Drop Temporarily

RealtyTrac reported on Thursday that U.S. foreclosure filings occurred on about 572,900 properties during the first quarter of 2012, down 2 percent from the previous quarter and down 16 percent from the first quarter of 2011.

TODAY'S DEALS: KBS REIT Acquires 255-Unit Asset Outside Baltimore

KBS Legacy Partners Apartment REIT buys a Maryland asset; Strategic Capital Partners acquires a community in Oklahoma City; and NAI Hunneman brokers the $2.7 million sale of a 100 percent-occupied building.

Ground Breaks for Affordable Housing Property in Columbus

Ground has been broken for Franklin Station, a 100-unit affordable apartment property in Columbus that will serve elderly and special-needs homeless people.

MHN Interview: Nicholas Dunlap, CPM, Dunlap Property Group

Nicholas Dunlap, CPM, Dunlap Property Group, describes improving the operation of someone’s investment.

Scott Brown Group Appoints Vice President for Multifamily Division

Scott Brown Group, a real estate investment and management firm, announced that Neil Bertrand has joined the organization as vice president of the multifamily division, Scott Brown Residential.