News
Texas Multifamily Markets, Especially Austin, Show Their Strength
Austin–The recession hasn’t hit the central Texas city of Austin quite as hard as in most other places, and for the metro Austin apartment market, that means better times ahead.
DEAL OF THE DAY: Beech Street Funds $13M Refinancing with Interest-Only Feature
Queens, N.Y.–Beech Street Capital LLC provided $13 million in permanent financing for the refinance of Alpine Gardens Apartments in Queens, N.Y.
Weathering the Storms
Despite natural and man-made disasters, the Gulf Coast apartment industry is poised for a rebound
Building Rapport with Prospects
Guest cards test the ‘people skills’ of leasing consultants. Here’s how to gather the information effectively
New Lows
Just when it looked like interest rates could not get any lower, they’re dropping further
Alternative Sources
Rising energy costs and drilling disasters contribute to a need to look at solar and wind power
Suburban Sprawl Loses its Sizzle
A major demographic shift is just one catalyst for inner-city urbanization
Boston Capital Invests in Green Affordable Seniors Housing Project in San Antonio
San Antonio–The Mirabella Apartments, an affordable seniors housing development in San Antonio, Tex., has gotten a financial boost with Boston, Mass.-headquartered Boston Capital’s recent $6.13 million equity investment.
HUD Announces $189M Available to Transform Assisted Living and Public Housing
Washington, D.C.–The U.S. Department of Housing and Urban Development (HUD) is making $189 million in grants available to transform public and assisted housing and to revitalize communities.
DEAL OF THE DAY: KeyBank Provides $10M in Refinancing
Philadelphia–KeyBank Real Estate Capital recently provided approximately $10 million in Fannie Mae and Freddie Mac funding for the refinancing of two multifamily properties in the Northeast.