News
TODAY’S DEALS: ARA Brokers Sale of Jacksonville Development Site
ARA brokers the sale of a development site in Jacksonville, Fla.; Walker & Dunlop closes a $50.5 million loan for an acquisition in Florida; and Eastern Mortgage Capital provides $5.1 million for affordable seniors housing.
PROFILE: Greystar Real Estate Partners LLC
In 2011, Greystar Real Estate Partners occupied for the first time the number one spot as the nation’s largest apartment manager.
Green Multifamily Redevelopment Near Completion in N.C.
The South Front Apartments, a redevelopment of the former Nesbitt Courts public housing project in downtown Wilmington, is nearing completion.
David Collins Joins Grace Hill as Director of Marketing
Grace Hill, Inc., a provider of online education and learning management solutions for the multifamily housing industry, announced that David Collins has joined the company as director of marketing.
Hanging On: A Look at the Southeast’s Recovery
Job growth in the major markets in the Southeast region continues to rebound, though unemployment remains relatively high in some markets.
Strategic Capital Group, Miller Development Break Ground on Fireclay Village TOD
By Gabriel Circiog, Associate Editor One of the largest developments ever to be built in Murray City has broken ground. The 26-acre, $80 million transit-oriented development is a joint venture between Strategic Capital Group and Miller Development Co. Located at 4400 South and 100 West, the mixed-use Fireclay Village will include 400 apartments, 268 income-restricted […]
Marcus & Millichap Promotes Andrew Daitch to First Vice President Investments
Marcus & Millichap Real Estate Investment Services, a real estate investment services firm, has promoted Andrew S. Daitch to first vice president investments.
Marcus & Millichap Promotes Ryan Engle to Associate Vice President Investments
The board of directors of Marcus & Millichap Real Estate Investment Services, a real estate investment services firm, has promoted Ryan Engle to associate vice president investments.
FHLBank Pittsburgh Awards $2.9 Million in Affordable Housing Program Grants
The Board of Directors of the Federal Home Loan Bank of Pittsburgh has approved $2.99 million in grants under its Affordable Housing Program.
California Resort Town Gets First Affordable Apartments for Families
Big Bear Lake, Calif., is well known to Californians as a resort paradise, tempting folks with ski slopes in the winter and water sports in warm weather. Affordable housing is much needed for the workforce population serving the vacationers.