News
Luxury Condo Residents Get Hotel Amenities
The Residences at W Atlanta Downtown relaunched in early October, offering new, lower pricing for condos.
Economy Watch: Existing Home Sales Decline
Existing homes sales saw a 3 percent slide in September to an annualized rate of 4.91 million units, according to the National Association of Realtors.
Resident Rewards Program Garners Prodigy Award for Barrington Group
Barrington Group Inc. got rave reviews from residents soon after launching its Resident Rewards incentive program one year ago, and now the apartment property management company has garnered kudos from peers in the multifamily industry.
TODAY’S DEALS: Home Properties Buys 937-Unit Property in Virginia
Home Properties completes the largest single property acquisition in company history; Northbridge Companies breaks ground on a 110-unit assisted living community; and NorthMarq Capital arranges mortgage carrying sub-4 percent interest for 35-year term.
DelShah Purchases Non-Performing Mortgage Note in Brooklyn
DelShah recently purchased a non-performing mortgage note in Brooklyn, N.Y.
Freddie Mac Says Multifamily Firing on All Cylinders
In its most recent U.S. Economic and Housing Market Outlook, Freddie Mac affirms the strength of the multifamily market.
Year-Over-Year Rent Growth Yields a Promising Acquisition
Calvera Partners announced that it has purchased a 42-unit garden-style apartment building in Sunnyvale, Calif. which will be renamed Maude Gardens
Prudential Mortgage Capital Company Hires Michael McRoberts to Head Fannie Mae and Freddie Mac Lending Businesses
Michael McRoberts has agreed to join Prudential Mortgage Capital Company as managing director of its conventional Fannie Mae and Freddie Mac lending business, the company announced.
AvalonBay Names New SVP for NYC Development
AvalonBay Communities announced that Martin Piazzola has joined the Company as senior vice president of development.
MARKET SNAPSHOT: Indianapolis Fundamentals Remain Strong; Investors Seek All Asset Classes
Indianapolis–Indianapolis is doing well, from an economic standpoint. Both the city and the state of Indiana have balanced budgets, points out George Tikijian III, CCIM, senior managing director of Tikijian Associates, who asserts that the state is performing better than most others in the Midwest.