News
Condo Prices Flat Overall, Though Some Markets See Swings: NAR
Washington, D.C.–According to the latest quarterly survey by the National Association of Realtors, home prices “solidified” during the second quarter of 2010.
LG Hausys Helps Syracuse University’s Project Go Green
Syracuse, N.Y.–LG Hausys Surfaces has made its green mark on Ernie Davis Hall, Syracuse University’s new mixed-use student housing development.
DEAL OF THE DAY: Mesa West Supplies $12.5M through its Fund for Acquisition and Lease Up of New Multifamily Property
Woodinville, Wash.–Mesa West Capital has provided an affiliate of Pacific Property Co. and JP Morgan Investment Management with $12.5 million in first mortgage financing.
New Jersey Townhouse Development Sees Sales Uptick
Edgewater, N.J.–A townhouse development in Edgewater, N.J. reports that three of its townhouses have sold in the last four months.
Video Interview with Dr. Sam Chandan
Executive Editor Keat Foong conducts a four-part interview with Dr. Sam Chandan, global chief economist and executive vice president of Real Capital Analytics and adjunct professor of real estate at the Wharton School of the University of Pennsylvania, about default commercial and multifamily mortgages. Click here to view the other segments of this interview.
NFHA Teams Up on Housing Discrimination Lawsuit Against SC Bodner and MBA Construction
Washington, D.C.–It is alleged that defendants violated the Fair Housing Act by neglecting to make apartments with accessible features available.
Jersey City Condo Development Bucks Sluggish Sales Trend by Selling
Jersey City, N.J.–Summer has traditionally been a slow sales season for condos
DEAL OF THE DAY: WRH Realty Acquires Garden Apartments in Palm Harbor, Fla.
WRH Realty Services, Inc. completed the acquisition of Landings at Boot Ranch Apartments in Palm Harbor, Fla.
MHN Interview with Joel Kelly: Bank-Owned REO Properties Are Bulk of Transaction Activity in East Bay
Joel Kelly, president of BAA, talks to MHN about the how the group got started and what their goals are.
Apartment Industry on the Mend: NMHC Survey
Washington, D.C.–The National Multi Housing Council’s latest quarterly survey of market conditions sounds some optimistic notes for the apartment business.