News
TODAY’S DEALS: Marcus & Millichap Sells 2,253-Units
Marcus & Millichap brokers the sale of a nine-property portfolio; Health Care REIT completes a $632.5M public offering; and Dome Equities acquires a 220-unit property.
Ground Broken For Apartments on CSU Campus
Cleveland State University, along with co-developers Polaris Real Estate Equities and Buckingham Cos., have broken ground on the Campus Village, a new $50 million mixed-use property on the Cleveland State University Campus.
MHN Interview: Mark-Taylor’s Free-Rent-for-a-Year Initiative
Mark-Taylor Residential will award the winner of their scavenger hunt free rent for a year. Last year’s scavenger hunt brought hundreds of people to Mark-Taylor properties. This year, they’re hoping for more.
Sprouting in Flatbush: CAMBA Gardens Affordable, Supportive Housing
New York City’s public hospital system, social service providers and non-profit developers have come together in a one-of-a-kind partnership to provide housing while simultaneously streamlining access to healthcare services in Brooklyn.
Matt Birenbaum Joins AvalonBay as Executive Vice President of Corporate Strategy
AvalonBay Communities Inc., a real estate investment trust, announced that Matthew Birenbaum has joined the company as executive vice president for corporate strategy.
Atlas Real Estate Partners Acquires Three New Student Housing Properties
New York-based Atlas Real Estate Partners have acquired three student housing properties.
Fannie Mae Prices $719 Million Multifamily DUS REMIC Under Its GeMSTM Program
Fannie Mae priced its seventh Multifamily DUS REMIC in 2011 totaling $719 million under its Fannie Mae Guaranteed Multifamily Structures program on November 8, 2011.
Auction.com Announces $1 Billion Online Auction of Over 165 Midwest U.S. Commercial Notes and Properties
Auction.com announced today its fifth online auction of over 150 non-performing notes and commercial REO properties located throughout the Midwest.
Nonprofits Team to Keep Connecticut Seniors Housing Property Affordable
Preservation of Affordable Housing and Mercy Loan Fund have partnered to keep Torringford West Apartments an affordable property.
MHN Interview: Bilzin Sumberg’s Jon Chassen on Miami’s Sunny Condo Market
Jon Chassen, a partner in the Real Estate and Distressed Property Group of law firm of Bilzin Sumberg, having cultivated an expert knowledge of the ins and outs of Miami real estate over three decades, talks about the factors igniting a new boom in the city’s condo market.