News
Economy Watch: Jobs Bill Sunk by Senate
The U.S. Senate, in a procedural vote on Tuesday night, voted 50 to 49 to open debate on President Obama’s $447 billion jobs bill, thus effectively scuttling the measure.
Join Our 2011 List of Top Equity Providers
We are currently accepting submissions for our 2011 Survey of Top Equity Providers.
‘Occupy Wall Street’ Protesters Gather at Billionaires’ Apartments
Today, Occupy Wall Street supporters left Manhattan’s Financial District and organized in front of the multi-million dollar apartments of many of New York’s billionaires on the Upper East Side.
Color Coding and Marking Water Pipes Now will Save Time and Money Later
A Graphic Products, Inc. thermal transfer printer and DuraLabel pipe marking kit help document where the water is flowing.
Volunteer Organization Produces Another Affordable Seniors Housing Property in Alabama
AHEPA 310 Housing, an organization comprised of volunteers, has opened the doors of AHEPA 310-XII Apartments, marking the volunteer organization’s development of a dozen apartment communities to accommodate low-income seniors.
TODAY’S DEALS: Clarion Partners Grabs $100M Seniors Portfolio
Clarion Partners acquires three senior housing communities for $100 million; ARA completes an REO sale in Florida; and Alliant Capital arranges a $1.7 million refinance at 4.78 percent interest rate.
Crescent Resources Taps Seven Key Individuals for Multifamily Group
Crescent Resources LLC has expanded its multifamily division with the appointment of seven individuals to serve in key positions.
Economy Watch: Wall Street Has a ‘What-Me-Worry?’ Day
Even though it was Columbus Day, U.S. equities markets weren’t closed on Monday, and investors took advantage of the open markets to buy and then buy some more.
Mapping Your Way through Due Diligence Requirements for the FHA Loan Program
For those seeking HUD financing under its Multifamily Accelerated Process (MAP) program, environmental and engineering due diligence requirements are substantially different from those required by Government -Sponsored Enterprises (GSE) such as Fannie Mae and Freddie Mac.
PROFILE: HighPoint Holdings
HighPoint Holdings LLC, a real estate private equity firm, provides a lesson in how it is still possible to acquire Class A apartment properties at discounts in today’s markets.