News
ForRent.com Partners with RentWiki.com
Norfolk, Va.–For Rent Media Solutions, operator of ForRent.com, will be partnering with RentWiki.com.
Lugo Joins Hill as Vice President
Marlton, N.J.—Hill International has brought Luis Lugo Jr. on board as a
vice president.
Wausau Window System Brings Fresh Air to EMU Residence Hall
Eastern Michigan University has completed a $3.1 million Wausau window upgrade that transformed its First-Year Center.
Q&A with Behringer Harvard’s Jason Mattox
Behringer Harvard invested nearly $900 million in commercial real estate assets in 2010–nearly double its 2009 number. Chief Administrative Officer Jason Mattox talks about the company’s strategy.
New Apartments Planned for Former Retail Site in Glendale
Glendale, Calif.–American Post Development has formed a joint venture with a BlackRock-managed fund to develop the 208-unit Broadway Lofts in Glendale’s entertainment district.
TODAY’S DEALS: Johnson Capital Arranges $19M in Multifamily Loans
Johnson Capital arranges $19 million in two multifamily loans; Berkadia originates $42.36 million for an apartment high-rise; and Mortgage Equicap closes fiancning for two Queens, N.Y. apartment buildings.
Hardin Construction Hard at Work on Another Green Affordable Seniors Housing Project
Smyrna, Ga.–Work is underway on the 88-unit affordable seniors housing project, Hardin Galleria Manor of Smyrna, which is being designed for LEED Silver certification.
San Diego County Apartment Association Joins NAA
The National Apartment Association Board of Directors has approved a charter for the San Diego County Apartment Association to affiliate with NAA.
TODAY’S DEALS: Hendricks & Partners Sells 112-unit Calif. Community
Hendricks & Partners sells a 112-unit Calif. community for $20M; Mortgage Equicap arranges high cash-out for client; and Marcus & Millichaps sells Texas Tech student housing property.
USAA and Gables Residential Partner for MF Development
USAA and Gables Residential have formed a joint venture to develop multifamily properties at urban infill sites and buy an interest in some of Gables Residential’s apartment properties.