News
Condo Property in NW Sububan Chicago Tries Rent-to-Own
The Heritage of Palatine, a new condominium development in downtown Palatine, a northwestern suburb of Chicago, has started a rent-with-option-to-buy program on a handful of its remaining units.
MHN Interview: Steven Zimmer, Former Head of the Newhall Ranch Specific Plan
Real estate attorney Steven Zimmer, former head of the Newhall Ranch Specific Plan, talks about the controversial development project and the difficulties of being both an attorney and a real estate developer.
Azure Caters to Upper East Side’s Big Appetite
Size does matter, or that’s what buyers are intimating on Manhattan’s Upper East Side, and Azure is giving the people what they want.
Red Hook Homes Brings Affordable Units to Brooklyn Neighborhood
Red Hook is rebounding, as evidenced by the grand opening of Red Hook Homes. The $18 million co-op brings the community 60 new housing units, 40 of them affordable, and another 20 market-rate and middle-income units.
Economy Watch: Economy Creates Jobs at Modest Pace in October
The Bureau of Economic Analysis reported on Friday that the U.S. economy added 80,000 jobs in October, with modest growth in various private employment sectors pushing the total up, but continued cuts among state and local governments dragging the total down.
Multi-Housing News: Inside the November Issue
Read the articles from the latest print issue of Multi-Housing News.
TODAY’S DEALS: HFF Secures $34M Refi for SoCal Asset
HFF secures a $34 million refinance for a 306-unit community; Beech Street Capital provides $40 million in financing for a Baltimore-area portfolio; and Essex brokers sale of mixed-use property for $1.6 million.
Should You Outsource?
While the use of call centers is pervasive across many industries, the apartment sector appears to be at least one industry that is resistant to this current-day corporate trend.