News

TODAY'S DEALS: Jones Lang LaSalle Secures $98M Financing for Greystar

Jones Lang LaSalle lands $98 million in acquisition financing; KBS acquires a 196-unit asset near Chicago; and Beech Street Capital provides $12.5 million for 50 units in New Jersey.

Joint Venture to Develop Two Student Housing Communities

Sterling University Housing and Specialized Real Estate Group have partnered to build two student housing developments in walking distance of the University of Arkansas in Fayetteville, Ark.

Developer Wins Funding For Remake of N.C. Industrial Properties into Affordable Housing

The Landmark Group has secured funding for the acquisition and adaptive reuse of two historic former mills in downtown Asheboro, N.C.

Jaga Reveals In-Floor Heating and Cooling System

Jaga Climate Systems introduces a new customizable line of trench heaters and coolers that can be tailored to fit almost any design need. The radiators are also energy efficient and require less water than traditional units.

Nation's Homebuilders Elect Leadership for 2012

Members of the National Association of Home Builders (NAHB) elected four Senior Officers to top leadership positions within the federation during the association’s International Builders’ Show in Orlando.

RealPage Launches OneSite Accounting 2012 Winter Release

RealPage Inc., a provider of on-demand software and software-enabled services to the rental housing industry, launched the latest release of its OneSite Accounting product.

Spreading the Love to Your Residents on Valentine's Day

Five ways property managers can celebrate Valentine’s Day with their residents.

Economy Watch: Payroll Tax Cut Extension Closer to Vote

Without action by Congress, payroll taxes will go up at the end of February by roughly 2 percent–about $20 a week for a household making 50 grand a year.

TODAY'S DEALS: Insight Buys Post Office, Plans 310-Unit Development

Insight Property Group buys a post office and plans a $75 million development; ARA sells a 600-bed asset serving North Carolina State University; and NorthMarq arranges a $20.2 million refi for a Chicago property at sub-4 percent interest rate.

Award-Winning Seniors Community Highlights Importance of Accessibility

KTGY Group Inc., Architecture + Planning, announced their new community Foursquare Senior Living in Portland, Ore., which is expected to commence construction in the spring of 2012.