News
What's Old is New Again: Value-Add Capital Program Aims to Modernize Community Interiors
CBRE Global Investors has purchased Heritage Creek, a 324-unit garden-style apartment community built in the ’90s, and it plans to initiate a value-add capital program to modernize the interiors.
TODAY'S DEALS: NorthMarq Arranges $136.4M for Student Housing Portfolio
NorthMarq provides $136.4 million to recapitalize a student housing portfolio; NASH-Newland acquires 28 master-planned communities; and Spirit/Bascom form a JV targeting 5,000 units.
Artemis Closes First Fund, Set to Hunt for Property
Artemis Real Estate Partners, has closed its first institutional fund, Artemis Real Estate Partners Fund I.
Jeff Goldshine Named President of Finlay Management
Multifamily industry veteran Jeffrey A. Goldshine has been appointed president of Finlay Management Inc
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Economy Watch: World Bank Cuts World Growth Forecast to 2.5 Percent
The World Bank revised its prediction for the growth of the global economy in 2012 on Tuesday, and it wasn’t a change toward the upside.
Tishman Construction to Serve as Related and Oxford's Building Partner
Related Companies and Oxford Properties Group announced the retention of Tutor Perini Corporation as contractor for the Hudson Yards development.
Today's Deals: CBRE Capital Markets Arranges $155M for Seattle Portfolio
CBRE Capital Markets arranges a $155 million refinancing for a Seattle portfolio; Security Properties closes 2011 with $244 million in transactions; and Boston Capital invests in an affordable project in Maine.
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.