News
NorthMarq Capital Announces New Executive Organizational Structure, Promotions
NorthMarq Capital has announced a new executive organizational structure.
Social Media Helps Market New Dallas Apartments
Wood Partners reports that after only eight weeks, the property is 60 percent leased. The company isn’t just relying on the strength of the local market to get renters to sign on the dotted line–it’s also pursuing social media.
TODAY'S DEALS: Lee & Associates Lands $175M Recapitalization for San Francisco Asset
Lee & Associates secures an equity partner for a large San Francisco asset; American Campus Communities acquires two properties totaling 1,927 beds; and Palatine Capital sells a community for double its acquisition price.
Developer Introduces Two Purchase Programs For Luxury Units
Rent-to-own programs have become popular among developers, and Pinnacle Companies is taking this idea to the next level by introducing two new purchase programs for The M at Englewood South in New Jersey.
Apartment Sector Will Continue to be Job Generator
Most sectors of the U.S. economy continue to show sluggish rates of employment growth, but the prospect of employment growth in the apartment industry is strong.
Spirit Investment, Bascom Team Up for Shopping Spree
Spirit Investment Partners LLC and The Bascom Group LLC have teamed up to form a joint venture, Spirit Bascom Ventures LLC, for the purpose of acquiring value-add multifamily properties in the eastern region of the country.
Riverstone Residential Group Names Heather Straub Vice President, Operations Florida Region
Riverstone Residential Group, a privately owned, third-party multifamily property management company, has named Heather Straub vice president, operations, Florida Region.
REISA Elects New Board of Director Officers
REISA, an association for alternative investments, has elected its 2012 Board Officers.
Cooper Square Realty Promotes Robert Klehammer to Vice President
Cooper Square Realty, a New York-based residential property management company, has promoted Robert Klehammer vice president.
Economy Watch: Homebuilders Perk Up
Even homebuilders are feeling a little more optimistic these days, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index, which was released on Wednesday.