News
Economy Watch: Hiring Remains Strong in February
The U.S. Bureau of Labor Statistics reported on Friday that the economy created 227,000 jobs in February, which is strong but somewhat less strong than during January, which saw a hiring environment that created 243,000 jobs.
TODAY'S DEALS: MG Properties Buys Reno Asset for $27 Million
MG Properties Group buys a 324-unit asset in Reno, Nev.; FHLBank awards affordable housing grants for 59 projects; and Madison Realty acquires $28.7 million in non- and sub-performing loans.
North Hollywood Apartments Sell for $74M
UBS Inc. has purchased NoHo-14, a 180-unit apartment complex in the North Hollywood Arts District of Los Angeles’ San Fernando Valley.
Greystar Raises More Than $650,000 for St. Jude Children's Research Hospital
Greystar announced today that their national fundraising drive raised $691,541 for St. Jude Children’s Research Hospital, one of the world’s premier centers for research and treatment of pediatric cancer and other deadly diseases.
RealPage Releases Public Housing-50058 Functionality for Affordable Housing Property Managers
RealPage, announced its public housing-50058 functionality for OneSite® Affordable customers, enabling property owners to expand the use of their OneSite Affordable application within their public housing portfolio.
Strong Fundamentals Lead to Solid Manhattan Investment Sales
A new report by Ariel Property Advisors reveals that in 2011, strong fundamentals backed up investment sales in northern Manhattan.
MARKET SNAPSHOT: Minneapolis Maintains Status as Growth Leader in Employment and Occupancy
The Twin Cities is continuing to witness exceptionally low unemployment and vacancy as compared to the rest of the country.
The 5 Worst Things a Landlord Can Find When a Renter Moves Out
When your renter moves out, have you ever found anything left behind? Here is a list of the worst things a landlord might find in an apartment.
Economy Watch: ADP Reports Jobs Increase
In the most closely watched private employment estimate, payroll specialist ADP Employer Services reported on Wednesday that the U.S. private sector added 216,000 jobs in February.
Private Equity Group Tryko Expands in Baltimore
Private equity real estate group Tryko Partners LLC has expanded its presence in the Baltimore multifamily market with the purchase of Park Raven, a 253-unit community.