News
Downtown Renaissance: The Rebuilding of New Orleans
Was Hurricane Katrina a good thing for New Orleans?
Economy Watch: August Employment Numbers: The Sound of Crickets Chirping
The miserable jobs report on the Friday before Labor Day included some miserable details. The private sector did, in fact, create a modicum of jobs during August. But that was cancelled out by governments shedding just that many workers.
Could the FHFA’s Possible Lawsuit Against U.S. Banks Affect the Multi-Housing Industry?
The FHFA, the federal agency that oversees Fannie Mae and Freddie Mac, is looking to file a lawsuit against more than a dozen big U.S. banks. The suit will accuse the banks of misrepresenting the quality of mortgage securities they sold before the housing crisis.
Embrey Partners Breaks Ground on San Antonio Apartments
San Antonio–Embrey Partners Ltd. has broken ground on Slate Creek in the Westover Hills neighborhood of San Antonio, a 222-unit apartment project at the Hyatt Hill Country Resort.
Profile: Alicia Cervera Lamadrid
Cervera Real Estate is riding the rising Miami condo wave. The company has announced it is initiating a multimillion dollar expansion to “strategically broaden its reach and services in the tri-county area.”
Alliance Residential Announces Southeast Development Director
Alliance Residential recently appointed Silas Graham as managing director of development for the southeast
Multifamily and Commercial Real Estate: Tale of Two Sectors
The multifamily sector of the real estate industry is experiencing a recovery, and is poised to register increases in average rents. However, commercial real estate vacancy rates are flat, and lackluster economic growth is likely to keep growth modest.
Economy Watch: U.S. Job Creation at Standstill in August
The newly found focus on jobs in Washington–with the administration pushing one plan, House Republicans another–seems all the more urgent in the light of the jobs numbers on Friday.
New N.J. Affordable-Housing Apartments Geared Towards Families
Community Investment Strategies Inc. has completely leased its newest affordable apartment-rental community in Woolwich Township. This is the first of three affordable communities to be completed in the area.
TODAY’S DEALS: UDR Completes $325M Purchase
The Moinian Group closes the sale of 95 Wall to UDR Inc.; Carrfour buys an affordable housing community in Miami; and NAI Tampa Bay closes multifamily development sites.