News
Summit Housing Snaps Up, Revamps Katrina-Damaged Property in New Orleans
Six years after Hurricane Katrina devastated New Orleans, progress has been made in replenishing the city’s affordable housing stock. Summit Housing Partners has certainly been doing its part to move the effort forward.
LOFTwall is the Ultimate User-Defined Space Divider
Partitions from LOFTwall offer an attractive, affordable and customizable way for residents and interior designers to make smaller spaces more functional. The panels feature a self-adhesive system that can use any cover material, so LOFTwall can work with any design or color scheme.
Today's Deals: Archstone Partnership Acquires $131M NYC Community
An Archstone sponsored partnership has acquired a 209-unit community in New York; IPA brokers the sale of a 174-unit asset in Los Angeles; and Walker & Dunlop completes a $12 million Fannie Mae Early Rate Lock loan.
PROFILE: Paladin Realty Partners LLC
As a private real estate investment firm that targets the Class B and Class C niches, Paladin Realty Partners LLC has a built-in strategy for standing above the crowd in the value-add market.
Economy Watch: Realtors to Revise Existing Homes Sales Down
The National Associations of Realtors said on Monday that it’s going to revise downward the number of existing homes sales it reported from 2007 to the last 10 months of 2011.
Historic U.S. Courthouse in Downtown Kansas City Redeveloped into Apartments
By Gabriel Circiog, Associate Editor The redevelopment of the former Kansas City downtown federal courthouse into an apartment building is complete. The Kansas City Star reports Mayor Sly James participated in the inaugural ceremony which marked the completion of a grueling redevelopment that started five years ago. James describes it as a unique environment and […]
Jason T. Stanton Joins Hendricks & Partners and Opens Tampa Bay Area Office
Hendricks & Partners is announced that Jason T. Stanton has joined the firm, opening its new Tampa Bay Area office as Hendricks & Partners continues its expansion in Florida and the Southeastern markets.
TODAY'S DEALS: Camden Purchases 940-Unit Houston Portfolio
Camden purchases a sought-after portfolio of three properties in Houston; and NorthMarq funnels a $46.4M long-term loan from a life insurance company.
In California, Transit-Oriented Developments Becoming Essential
Generations X and Y are having a big impact on the California housing market, according to a new report by the Urban Land Institute. In fact, it seems these generations are completely changing the housing landscape.
Bronx Leads New York in Multifamily Investment Sales in October
The Bronx led the other boroughs in multifamily investment sales in October, with 25 buildings changing hands for an aggregate of $96.6 million, according to the latest Ariel Property Advisors’ “Multifamily Month in Review: New York City.”