News
Ones to Watch
Every November MHN spotlights industry players who warrant attention in the year to come. These influential executives are employing strategies to overcome the challenges presented by the economy so that the multifamily sector can emerge stronger than ever.
Economy Watch: Drunk on Risk, MF Globals Falls on Face
Though not in the major leagues of failure as Lehman Brothers or AIG were, it was still something of a shock on Monday when MF Global Holdings Ltd. went belly up.
Resident Screening Benchmarketing Tool to Increase Tenant Revenue
LexisNexis Risk Solutions announced it is launching LexisNexis Resident Screening Marketplace Intelligence. This will allow leasing agents, property managers and investors access to reports on resident property performance.
TODAY’S DEALS: ARA Brokers Sale of Jacksonville Development Site
ARA brokers the sale of a development site in Jacksonville, Fla.; Walker & Dunlop closes a $50.5 million loan for an acquisition in Florida; and Eastern Mortgage Capital provides $5.1 million for affordable seniors housing.
PROFILE: Greystar Real Estate Partners LLC
In 2011, Greystar Real Estate Partners occupied for the first time the number one spot as the nation’s largest apartment manager.
Green Multifamily Redevelopment Near Completion in N.C.
The South Front Apartments, a redevelopment of the former Nesbitt Courts public housing project in downtown Wilmington, is nearing completion.
David Collins Joins Grace Hill as Director of Marketing
Grace Hill, Inc., a provider of online education and learning management solutions for the multifamily housing industry, announced that David Collins has joined the company as director of marketing.
Hanging On: A Look at the Southeast’s Recovery
Job growth in the major markets in the Southeast region continues to rebound, though unemployment remains relatively high in some markets.
Strategic Capital Group, Miller Development Break Ground on Fireclay Village TOD
By Gabriel Circiog, Associate Editor One of the largest developments ever to be built in Murray City has broken ground. The 26-acre, $80 million transit-oriented development is a joint venture between Strategic Capital Group and Miller Development Co. Located at 4400 South and 100 West, the mixed-use Fireclay Village will include 400 apartments, 268 income-restricted […]
Marcus & Millichap Promotes Andrew Daitch to First Vice President Investments
Marcus & Millichap Real Estate Investment Services, a real estate investment services firm, has promoted Andrew S. Daitch to first vice president investments.