News
Behringer Harvard Announces Executive Promotions
Behringer Harvard announced the promotion of two senior executives. Robert S. Aisner has been appointed as CEO of Behringer Harvard and M. Jason Mattox has been named as COO.
Walker & Dunlop Announces VP of FHA Finance Division
Walker & Dunlop, LLC, announced that they have hired Rob Rotach as vice president & deputy chief underwriter of the FHA Finance department.
Regency Club Apartments Sale Closes
In a $44 million deal announced recently, Regency Club Apartments in Jackson, N.J. sold to Gaia Real Estate Investments, LLC, and partners Phoenix Realty Group and Harel Insurance.
Economy Watch: Consumers Edgy About Near Future
The U.S. Bureau of Labor Statistics reported on Friday that 26 states and the District of Columbia reported unemployment rate increases in August, while 12 states recorded rate decreases, and 12 states had no rate change.
Profile: Jonathan Rose Companies
New York–Here is an investment strategy with a difference: Jonathan Rose Companies is looking to purchase apartment properties–affordable apartment properties, that is.
MHN Interview: A Look at the Nation’s First Zero-Energy, Carbon Neutral Homes
An interview with the project manager of the innovative zHomes, a new zero-energy, carbon neutral apartment community.
TODAY’S DEALS: Continental Realty Purchases 355-Unit Community in Louisville
Continental Realty Advisors buys a 355-unit community in Louisville, Ky.; Colliers International closes a $12.8 million sale in California; and Walker & Dunlop closes $93 million life company refinance loan.
Escondido Workforce Housing Completed
The Crossings at Escondido in San Diego County offers workforce housing to tenants earning between 30 percent and 60 percent of area median income.
Profile: The Federated Companies
Some of the best multifamily investment opportunities can be found in “high density markets in the Northeast region of the United States where barriers to entry are high,” says Brian Connell, CEO of The Federated Companies.
Boston Capital Announces Investment in Affordable Housing
Quality of life for low-income families in Virginia stands to be boosted as a result of new investment by the largest owner of apartments in the United States.