News
New Multifamily Risk Management Solution
Assurant Specialty Property, a provider of renters insurance, and SureDeposit, a provider of security-deposit alternatives through surety bonds, are offering a new risk-management solution to the multifamily housing industry.
Designers Create Model Units at Marquis Residence
The 67-story Marquis Residences, a late–2000s Miami condo development, has undertaken a novel twist on standard apartment staging by forming partnerships with design firms to help sell the property’s remaining residences–and it seems to be working.
TODAY’S DEALS: IPA Closes Luxury Apartment Sale
AMLI Residential buys a luxury community in a Dallas suburb; Federal Capital Partners buys a 170-unit community in Maryland; and ARA brokers the sale of a 112-unit property in Colorado Springs.
Sweet Deal for Fast-Growing Fort Bend County, Texas
Responding to pent-up demand for housing in the county, Houston-based Buckhead Investment Partners Inc. has announced it will break ground soon on 196 new luxury apartments in the city of Rosenberg.
PROFILE: Harrison Street Real Estate Capital LLC
What sectors of the multifamily industry enjoy the most consumer demand and are the most resilient? Answer that question and you have named the strategy of Harrison Street Real Estate Capital LLC: Harrison Street believes that those two sectors are precisely student and seniors housing.
GotNoVacancy.com Now ILoveLeasing.com
Spherexx.com, developer of GotNoVacancy.com Apartment CRM, announced that they are renaming and rebranding their five-year-old prospect engagement and advertising analysis application to keep up with the software’s expanded functionality.
RentSentinel Integration Approved By Yardi Systems Inc.
RentSentinel, a provider of apartment marketing management software, is now available on Yardi’s standardized interface listing.
Economy Watch: Temporary Greek Deal Struck, Investors Fret Over Italy
Greek Prime Minister George Papandreou and opposition leader Antonis Samaras have apparently cobbled together a deal for a “unity government” that might let the bailout of Greece by the more affluent euro-zone nations go forward.
TODAY’S DEALS: TreeTop Development Enters Pennsylvania Market
TreeTop Development enters the Pennsylvania market with the purchase of a 70-unit asset; Ariel Property Advisors closes the sale of a development site in Manhattan; and KeyBank provides $28.6 million in Freddie Mac funding for assisted living refinances.
Kingsley Associates Reports Renters Are Hesitant to Renew
According to Kingsley Associates’ latest resident survey, apartment resident renewal intent is at its lowest point since 2008.