News
Second Phase of Affordable Housing Project Under Way in Riverside County
Affirmed Housing Group has broken ground for the Monte Vista Apartments in downtown Murrieta, a city in southwestern Riverside County, Calif. Monte Vista II will add 40 affordable units to the existing 64-unit Monte Vista Apartments.
Rose Associates Promotes Robert Werner to Managing Director
Rose Associates, a New York-based full-service real estate firm, announced today that Robert Werner has been promoted to managing director.
Lorena Heights Affordable Apartments Open in LA's Boyle Heights
The East Los Angeles enclave of Boyle Heights welcomed a new affordable housing development with the grand opening of Lorena Heights Apartments.
Economy Watch: Private Sector Hiring on All Cylinders
The U.S. private sector carried the entire load of creating jobs in February, according to the Bureau of Labor Statistics on Friday, with private payroll employment increasing by a net of 233,000 positions.
Village Green Restores 1920s Skyscraper and Converts it to Luxury Apartments
Village Green’s newest property, Randolph Tower City, is 35 percent leased already, and the first residents don’t even move in until later in the month.
TODAY'S DEALS: HFF Arranges $400M Refi for 2,600 Units
Holliday Fenoglio Fowler lands a $400 million portfolio refinancing; a Pradeium, Brooktree partnership acquires an 81-unit asset; and Walker & Dunlop funds an $11.8 million refinance loan under Freddie Mac’s CME execution.
'Economy Watch' Podcast with Dees Stribling: Many Hired in February
February was a good month for hiring new workers.
Berkadia Hires Top Producer Mitch Thurston and Associate Andy Ahlers
Berkadia announced that Mitch Thurston and Andy Ahlers have rejoined the company as senior vice president and vice president, respectively.
New Bill Addresses California Affordable Housing Crisis
With government funding reaching new nadirs and the housing market yet to sort itself out, both renters and would-be homeowners face hurdles finding affordable housing. The problem is likely even worse in California than it is nationally.
NYC Financial District's Apartment Market Tighter Now Than in '06
Who’s got the upper hand when it comes to renting an apartment in New York’s Financial District? According to a report by Platinum Properties, these days the landlord does.