News
Obama’s Tax Cuts Extension Package Passes Congress
The Bush tax cuts extension that Obama has very skillfully prepared for, and sheperded through, a Democratic Congress now awaits his signature.
NAHB Indexes Point to Stronger Multifamily Market Ahead
NAHB’s Multifamily Production Index shows that development is at its highest point since 2007.
Everyday Energy Installs Solar System at San Diego Affordable Housing Property
San Diego, Calif.–Everyday Energy has just completed the Phase II installation of photovoltaic panels at Hacienda Townhomes in San Diego under the California Solar Initiative’s Multi-family Affordable Solar Housing program.
Rainmaker Nominated for TechAmerica Award
Atlanta—The Rainmaker Group has been nominated for TechAmerica Georgia’s “Spirit of Endeavor” Award.
DEAL OF THE DAY: HFF Refinances Bridge Loan with $15.6M HUD 223(f) FRM at Attractive Leverage
Fife, Wash.–The Portland office of HFF has arranged a $15.6 million refinancing for a 241-unit multi-housing community in Fife, Wash.
SF’s Union by Palisades Condominium Sold Out in Nine Months
San Francisco–The national condominium market continues to struggle, but there is no sign of that at Union by Palisades, a new loft community in San Francisco.
McCaffery Begins Marketing for Ambitious Chicago Lakeside Development
Chicago–McCaffery Interests Inc. has kicked off the marketing of Chicago Lakeside Development L.L.C. by opening a 2,000-square-foot marketing center on the site of the development.
DEAL OF THE DAY: Boston Capital Invests in Affordable Development in San Diego
San Diego–Boston Capital invested in the construction of City View Apartments, a to-be-built, 31-unit multifamily development for families located in San Diego.
SDCAA Honors H.G. Fenton with Excellence Awards
San Diego, Calif.–H. G. Fenton walked away with 25 Mark of Excellence awards at the San Diego County Apartment Association’s ceremony.