News
APARTMENT MARKET STATISTICS: March 2012
The multifamily industry’s vital statistics are presented in the March 2012 issue of Multi-Housing News.
Oak Grove Capital Expands Team
Oak Grove Capital, a provider of real estate financial services, announced today that Jeffrey Ringwald has joined the St. Paul-based mortgage lender as senior vice president of seniors housing.
American Utility Management Hires Joseph R. Stackhouse as Executive Vice President, Client Relations
American Utility Management Inc. (AUM) announced today that it has hired Joseph R. Stackhouse as executive vice president, client relations.
Students Given Opportunity to Pay Rent Through Facebook
Campus Apartments now allows residents to pay rent on its online account portal SmartClick via Facebook Connect.
TODAY'S DEALS: Charles Dunn Completes $17M L.A. Sale
Charles Dunn Company completes a $17 million sale in Los Angeles; SL Green closes a joint venture acquisition with Stonehenge Partners; and NorthMarq Capital arranges a $20.1 million mortgage/bridge loan for a seniors housing portfolio.
Florida Master Planned Communities Doing Well Despite Headwinds
Despite the difficult residential market in Florida, the top-selling U.S. master planned community in 2011 is in that state, according to a new study by John Burns Real Estate Consulting, as is the number-nine seller.
MARKET SNAPSHOT: Las Vegas Recovers Select Jobs, Increasing Multifamily Sales
Multifamily sales in the Las Vegas metro area increased by 59.6 percent between the third quarters of 2010 and 2011, this in concurrence with the overall unemployment rate dropping from 15.5 percent to 14.2 percent.
2012 Most Powerul Mortgage Banking Firms (w/ Podcast)
The results to our 2012 ranking of the Most Powerful Mortgage Banks are in. Take a look at the list and listen to Mike Ratliff and Jack Kern dissect the results. Multifamily landed 47 percent of all lending disclosed by our respondents.
Corcoran Sunshine Announces 2011 Deal Volume in Excess of $1 Billion
Corcoran Sunshine Marketing Group held its annual awards celebration last week, recognizing more than $1 billion in closed new development sales in 2011.
Village Green 'City' Brand Coming to Downtown Ann Arbor
The first market rent luxury apartment building to come to downtown Ann Arbor in the past quarter century will be built by Village Green.