News
Top Seniors Housing Investment Sales Team of Maconachy and Lavender Joins HFF Dallas
HFF announced that the team of Ryan Maconachy and Chad Lavender has joined the firm’s Dallas office to lead HFF’s charge into the seniors housing investment sales business.
Economy Watch: Americans Hit the Stores in February
Retailers had a good month in February as Americans were out shopping in force, driving total retail sales up 1.1 percent, which was the highest uptick in five months, according to the U.S. Department of Commerce.
TODAY'S DEALS: JV Secures Site for 249-Unit Development
A Seattle joint venture secures the site of a $96 million development; Beech Street Capital lands $53 million for two portfolios in Northern California; and Walker & Dunlop provides a $36.4 million loan.
HNN Associates Selects Contact At Once! to Provide Apartment Chat
Contact At Once!, a leading provider of apartment chat software, announced that HNN Associates, a multifamily property management company located in Bellevue, Wash., has selected Contact At Once! to power online chat across all of their consumer-facing websites.
Gables Corporate Accommodations Named Company of the Year; Prestigious Tower of Excellence Awarded
The Annual Tower of Excellence Awards Dinner for the Corporate Housing Providers Association was held in Miami Wednesday evening March 7, 2012 and Gables Corporate Accommodations won the top honor being named Company of the Year for companies with more than 300 units.
Engler Financial Group Collecting Bids on Jasmine Woodlands
Engler Financial Group LLC, on behalf of its owner, Lyon Management Co. Inc., recently collected bids to purchase the Smyrna, Ga.-based garden-style apartment community known as Jasmine Woodlands.
Lenders Lose Less on Multifamily Loans, MBA Says
The Mortgage Bankers Association has reported that lenders lost less on multifamily mortgages in 2011 than they did in 2010, another sign of the increasing strength of the multifamily market.
Economy Watch: Robo-Signing Settlement Finalized
The U.S. government filed formal settlement papers in federal court regarding the massive mortgage lending abuse case, thus breaking down which of the five miscreant mortgage lenders pays how much.
MHN Interview: Identifying Problem Renters Before They Even Sign the Lease
Do you really know who’s living in your apartments? Joseph Killinger, who launched Rent Rite Directory, explains how the free directory can help property managers know if a perspective resident has a problematic renting history or a criminal record.
TODAY'S DEALS: Marcus & Millichap Sells 506-Unit Community in Dallas
Marcus & Millichap brokers the sale of a Dallas value-add property; M West Holdings buys 45 lofts in Los Angeles; and NorthMarq arranges a three-year, $10.9 million mortgage at a 30-year amortization schedule.