News
Harbor Group Buys Baltimore’s Belvedere Towers for $26.1M
Harbor Group International LLC continues to enhance its presence in Baltimore with the acquisition of Belvedere Towers Apartments.
TODAY’S DEALS: Marcus & Millichap Sells Two Student Housing Communities
Marcus & Millichap brokers the sale of two southern student housing communities; ARA arranges the sale of a 180-unit community in Phoenix; and George Smith Partners completes a challenging $4.2 million refinance of an SRO property.
Major Affordable Housing Redevelopment Kicks Off in Rome, N.Y.
Ground has been broken for the redevelopment of Liberty Gardens in upstate Rome, which will include the major rehabilitation of three masonry two-story buildings and the construction of six new buildings on the seven-acre site.
MARKET SNAPSHOT: Top-Tier Assets in Philadelphia Spark Investor Interest
Philadelphia–During the first half of the year, interest in Class A properties in the Philadelphia metro increased, according to Marcus & Millichap’s third quarter report.
Affordable Housing for the Homeless Supports the Arts
New California affordable housing community provides shelter and support for the homeless and encourages development of the arts.
Alliant Capital Announces New Regional Director of Loan Origination
Alliant Capital LLC, a debt and equity financier and Fannie Mae DUS® and FHA lender for the multifamily industry, announced their new regional director of loan origination, David Kidder.
Economy Watch: Fed Uncertain What to Do
The Federal Reserve released the minutes of its Sept. 20-21 FOMC meeting on Wednesday, and to some extent they showed a central bank uncertain about how to handle the unexpected halt in the recovery in mid-2011.
Keystone Pacific Property Management Welcomes Brittany Smith as a New Development Community Association Manager
Keystone Pacific Property Management announced Brittnay Smith would be joining its team as a new development community association manager based out of the Irvine office.
IGI USA Announces Acquisition of 93 Worth Street
IGI USA announced that its subsidiary has closed on the acquisition of 93 Worth Street in Manhattan.
TODAY’S DEALS: MG Properties Group Acquires Mixed-Use Condo Conversion
MG Properties Group buys a 33-unit condo conversion for $11.8 million; IPA brokers the sale of a 392-bed student housing community at USC; and Walker & Dunlop provides Freddie Mac funding to two student housing properties.