News
Marcus & Millichap Report Predicts Strongest Year Yet for Rental Market
2011 proved to be a good year for multifamily, according to Marcus & Millichap’s 2012 National Apartment Report. And this is predicted to continue for 2012.
Laurel Street Acquires Crosland Affordable Housing Personnel, Projects
The newly formed Laurel Street Residential has bought the affordable housing development division of Crosland LLC for an undisclosed price.
Colliers Launches Student Housing Group
Colliers International plans to capitalize on growing demand in the student housing market with the creation of its National Student Housing Group.
David Woodward Forms CompassRock Real Estate LLC
After a career providing leadership and strategic vision to Laramar Group and Archstone, David Woodward has formed a new property management firm, CompassRock Real Estate LLC.
Economy Watch: The French Ratings 'Surprise'
Just when things in the euro zone were getting a little too quiet, Standard & Poors proved the rumors true late on Friday by downgrading the sovereign-debt rating of nine euro-using countries at one go.
TODAY'S DEALS: UDR/MetLife JV Completes $630M NYC Acquisition
UDR/MetLife complete a $630 joint venture acquisition in New York; Beech Street Capital closes 2011 with $2.2 billion in multifamily financing; and Walker & Dunlop supplies a $24.7 million refi under Fannie Mae Early Rate Lock.
Encore Wins Financing for Next Apartment Project
Encore Multi-Family LLC has closing on the financing for the its next ground-up development project, a garden-style apartment property in the Denver suburb of Thornton.
Kansas City Reaches $15 Million Settlement for Citadel Plaza Development Lawsuits
By Gabriel Circiog, Associate Editor The Citadel Plaza development saga is finally over with the city putting the cap on the long legal battle. The Kansas City Star reports the details of the settlement that was unanimously voted by the City Council back in November. The $80 million project drawn up over 10 years ago, […]
Multifamily Veteran Suzanne Lovelace Joins RealtyCom Partners
RealtyCom Partners, a nationwide telecommunications consulting and asset management firm specializing in the apartment industry, has hired Suzanne Lovelace, CAM, as executive vice president.
Montana’s Franklin School Apartments Revitalized
Franklin School Apartments, a Great Falls, Mont. affordable multifamily property whose history dates to the early years of the 20th century, has benefited from energy-efficient upgrades, thanks to a financing solution recommended by Columbus, Ohio-based Lancaster Pollard Mortgage Co.