News
Martinez Joins Recap as VP
Boston–Twenty-year industry veteran Gina Martinez has joined Recap Real Estate Advisors as a vice president in its transactions group.
Sheppard Named Top Agent by Marcus & Millichap
Encino, Calif.–Robert Sheppard, a senior vice president of investments and national director of the Tax Credit Group of Marcus & Millichap, has been ranked as the firm’s top-performing agent.
HIT Invests $42M in St. Louis-Area Multifamily
St. Louis–The AFL-CIO Housing Investment Trust has provided nearly $42 million in financing for two multifamily developments in greater St. Louis.
TODAY’S DEALS: HFF Closes Sale of West Houston Community
HFF closes sale on Houston community; Boston Capital invests in Virginia affordable multifamily; and Jones Lang LaSalle markets an apartment property in Washington state.
‘On the Ground’ with Eric Brown: Is Your Apartment Marketing Working?
Instead of always talking to prospects, we have to help prospects talk to each other.
Economy Watch: Employment Report Good, but with Nagging Doubts
More jobs were added to the work force in February; Green Street reports that CRE values continue to climb back toward pre-crash levels; and while gas prices spike, should we also be worried about inflation?
Firm Predicts 5% Return for Commercial Real Estate this Year
John Flavin, principal of the real estate consulting and advisory firm Wolfback says that returns for institutional-grade commercial real estate in will drop from 25 percent in 2010 to 5 percent beginning this year.
Change in Renter Habits Emerging with Change in Economy
Chicago–As the economy inches toward some semblance of health, new trends are emerging among the renter population, including a lot of renters planning to move.
SCLAD Plaza Breaks Ground in Suburban Miami
Hialeah, Fla.–Spinal Cord Living-Assistance Development has broken ground on SCLAD Plaza, an affordable housing property that will offer barrier-free housing to residents.
TODAY’S DEALS: Foursquare Foundation Breaks Ground on $10M Senior Living Community
The Foursquare Foundation breaks ground on a $10 million senior living community; IPA brokers the sale of a 343-unit multifamily property; and Hendricks & Partners brokers an apartment sale.