News
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.
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.