News
$98,000 Affordable Housing Grant Paves Way for New Subdivision in Rural Alabama
Calera, Ala.–With a $98,000 grant through BancorpSouth and the Federal Home Loan Bank of Dallas, plans for a 30-residence affordable-housing development are back on track.
Economy Watch: New Homes Sales Drop into the Cellar
Single-family home sales slide to the lowest annual rate on record; the Fed vetoes Bank of America’s request to increase its dividend, leaving investors wondering about the bank’s health; and B of A purchases the retail component of Block 37.
Muldoon Joins Johnson Capital’s Midwest Multifamily Group
Paul Muldoon has joined Johnson Capital as vice president in their Midwest Multi-Family Group.
Q&A with Carroll Organization’s Patrick Carroll
Patrick Carroll, CEO of the Atlanta-based Carroll Organization, talks with MHN about the multifamily discussion that took place at the Global Real Estate Institute’s annual U.S. gathering in New York.
Infrastructure Growth in Latin America Promises Heightened Residential Demand
Washington, D.C.–The number and value of infrastructure projects in Latin America is ballooning, pointing to expanding economies for a number of countries in the region.
TODAY’S DEALS: HFF Closes $18M Sale of Suburban Indianapolis Community
HFF completes sale of Indiana community for $18 million, and Beech Street Capital funds $9.9M loan via Meridian Capital Group.
‘The Accidental Economist’ with Jack Kern: Take Two Price Increases and Call Me in the Morning
What many do not seem to realize is that pricing and revenue management practices are pushing residents into alternative housing choices, ones that rarely raise rents at the same rate as professionally managed buildings.
Economy Watch: Shiller Survey Predicts Home Prices to Continue Slump
Home prices should bounce back eventually–just not yet. And Warren Buffet gives his take on the resilience of Japanese markets.
Apartments Capitalize on the Trend toward Sustainable Development
The rental housing industry stands to benefit from a number of trends, including the increasing emphasis in urban planning and land-use policy to encourage compact development.
JLL Hires MF Investment Specialists
Atlanta–Jones Lang LaSalle is expanding its multifamily investment sales with the addition of industry veterans Derrick Bloom, David Gutting, Porter Jones and Vince Lefler.