News
Today's Deals: Pollack Shores Breaks Ground on $40M Community in Orlando
Pollack Shores Real Estate Group breaks ground on a TOD in Orlando; CBRE completes the sale of a 344-unit high-rise in Chicago; and Tikijian sells a stabilized lakefront property in the Indianapolis metro.
MARKET SNAPSHOT: Milwaukee Reports a Low Average Vacancy for Midwestern Market
Milwaukee has doubled its job growth in the last year; coupled with virtually no new construction, the market has one of the lowest vacancies in the Midwest.
Multifamily Sector to Remain at Top of Investors' List in 2012
The multifamily sector has been investors’ flavor of the year, and as per the results of commercial real estate services firm Jones Lang LaSalle’s Apartments Outlook 2012 Survey, it appears the sentiment will continue in 2012.
Economy Watch: Consumer Borrowing Up, But Not the Plastic Kind
The Federal Reserve reported on Wednesday that U.S. consumer credit increased at an annualize rate of 3.75 percent in October.
Stoneleigh Acquires Four New Multifamily Properties, Greystar to Manage
Stoneleigh Companies has announced the acquisition of a four-property multifamily portfolio in San Antonio and Midland, Texas.
Ground Breaks on More Riverfront Apartments in N.J.
Work has begun on the Estuary, a 589-unit residential complex on the waterfront in Weehawken, across from Manhattan.
Today's Deals: Harbour Realty Snags 280 Units in Chicagoland
Harbour Realty Partners purchases 280 units in Chicagoland; Passco Companies buys a 212-unit golf-oriented community; Greystone originates $15.8 million for a property in Florida; and Walker & Dunlop provides a $6.1 million loan under Freddie Mac’s CME program.
The Cooking Show Phenomenon, and How It Changed Multifamily
With the influx of cooking shows, it seems like everyone now wants to be a chef. This phenomenon has lead to an interesting multifamily phenomenon: the chef’s kitchen.
7 Reasons D.C. Is Experiencing a Strong Multifamily Market
Multifamily investment in 2011 has been the golden child of commercial real estate. With strong economic and employment fundamentals, large metros such as Washington, D.C., have attracted investors.
Freddie Mac Director to Join Beech Street Capital
Beech Street Capital announced it has appointed Rick Del Roio as vice president of credit. Based in Beech Street’s Bethesda office, Del Roio will be responsible for managing underwriting for the lender’s Freddie Mac business.