News

National Multi Housing Council Elects New Officers

The National Multi Housing Council elected Thomas S. Bozzuto, chairman and CEO of The Bozzuto Group, to serve a two-year term as the Council’s chairman.

Behringer Harvard Appoints New CEO and
President for Opportunity-Style REITs

Behringer Harvard announced that Michael J. O’Hanlon has accepted a position as executive vice president of Behringer Harvard.

NeighborWorks Network Exceeds 90,000 Affordable Rental Units

Rental units owned or managed by the NeighborWorks America network exceeded 90,000 as of the end of September, and the network invested more than $1.3 billion in rental housing during the fiscal year.

Economy Watch: President Devotes Most of State of the Union to the Economy

As expected, President Obama laid out numerous elements of his economic program in Tuesday’s State of the Union address, along with campaign-style dollops of criticism for Congress.

Cortland Names Knight Executive Vice President, Welcomes New COO

Giannoni will be responsible for operations, marketing, training, human resources and information technology.

PROFILE: Community Investment Strategies Inc.

Community Investment Strategies Inc. is utilizing the skills it has developed in the LIHTC arena and applying them to other areas of real estate.

SPECIAL REPORT: What's Next for the Apartment Recovery?

The recovery that was predicted a couple of years ago has come to pass. Now the question is whether it will be as good as we predicted.

Manhattan Apartment Prices Stable in Fourth Quarter

Apartment sale prices in Manhattan barely moved during the fourth quarter of 2011, according to the latest report by Brown Harris Stevens, a specialist in New York residential properties.

TODAY'S DEALS: Seniors Portfolio Hits Texas Market

Marcus & Millichap is awarded the listing rights for a Texas seniors housing portfolio; ARA brokers the sale of a prime land parcel in Denver’s Technological Corridor; and Walker & Dunlop provides a $31.9M Fannie Mae loan.

Rehabbed, Rebranded Property Debuts in Hungry Houston Market

With an eye on value-add opportunities in the bustling Houston apartment market, Marquette Cos. has acquired and rehabilitated The Apartments at Copper Springs, a 376-residence community in the city’s thriving I-290 corridor.