News
Grosvenor Americas Appoints Sommer Johnson to Investment Manager
Grosvenor Americas has appointed Sommer Johnson to the position of investment manager in the company’s San Francisco headquarters office.
PROFILE: Lee and Associates
Lee and Associates is today busy finding deals for REITs, financial institutions and private owners.
Freddie Mac's 2011 K Deals Double Those of Last Year
Earlier this month, a new offering of structured pass-through securities, or “K certificates,” was announced by McLean, Va.-based Freddie Mac.
Today's Deals: Home Properties Buys Two Assets for $113M
Home Properties wraps up 2011 with over $500 million in acquisitions; NorthMarq arranges a $70 million Freddie Mac mortgage for a community in Michigan; and Iron Gate buys a $106.5 million portfolio in Atlanta.
HopeLift to Provide Housing to Those in Need
Employees of property management and development company Holland Partner Group are doing their part to help the homeless this year by donating their unused vacation time to HopeLift, a charity that helps people with housing.
Senior Housing Developer Returns Funds to City
In an unusual event in multifamily development, AMCAL Multi-Housing Inc. recently returned about $519,450 to the city of Rancho Palos Verdes, Calif., after the completion of its Mirandela Senior Housing project.
Briarcliff Realty Plans 298-Unit Development; Aragon Holdings Expands Portfolio
By Gabriel Circiog, Associate Editor Briarcliff Realty is planning to build an apartment community south of the Tuileries Plaza retail center, the Kansas City Star reports. The 298-unit development, Village at Burlington Creek, was approved by the Kansas City Planning Commission, and upon approval from the Kansas City Council,the construction could begin by March. The […]
NHYC, NHC Honor Affordable Housing Leaders at Annual Symposium
National and local affordable housing leaders were recognized for their incredible commitment to affordable housing and for their support of economic growth, job creation and recovery.
Affordable Development Brings Jobs to Central Maryland Town
An investment by Boston Capital is helping make possible the development of Marley Meadows, a new 36-unit affordable multifamily community in the central Maryland town of Glen Burnie.
Economy Watch: Foreclosures Down in November
RealtyTrac reported on Thursday that U.S. foreclosure filings–meaning all default notices, scheduled auctions and bank repossessions, according to the company–were down 3 percent in November from the previous month, to a total of 224,394.