News
MHN Interview: A. David Lynd Shares Secrets of His $100 Million Student Housing Portfolio
The CEO of Lynd Student Living discusses how to create a successful student housing portfolio.
TODAY’S DEALS: MAA Acquires a 300-Unit Community in Tennessee
MAA buys a 300-unit community outside Nashville; MAA brokers the sale of a 100-unit asset in Oceanside, Calif.; and Berkadia Houston originates $34 million in acquisition loans for properties in Texas, Ohio.
Affordable Townhouse Project Near Completion in Colorado Ski Country
The second phase of Valley Brook, an affordable townhouse development, is nearing completion, according to the town of Breckenridge and the Colorado Department of Local Affairs, which started on the workforce housing project in 2008.
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