News
Manhattan Residential Market Slowly Climbing Out of Recession
New York–The average Manhattan apartment sale price of $1,377,135 was up slightly from last quarter.
DEAL OF THE DAY: Hendricks & Partners Helps Bank of America Sell Michigan REO Portfolio
Detroit–Hendricks & Partners has completed the sale of the Greenfield Portfolio, located in Detroit.
Bainbridge Announces Plans for a 200-Unit Luxury Apartment Project in Suburban D.C.
Washington, D.C.–The company has secured Restis Group as an equity partner on the project.
DEAL OF THE DAY: Arbor Closes $22M Fannie Mae DUS Loan for Apartment Complex
Arbor Commercial Funding LLC announced the recent funding of a $22,000,000 loan under the Fannie Mae DUS product line for the 302-unit complex known as Brook Arbor Apartments in Cary, N.C.
Vancouver’s Big Win
Unlike some other Olympic Villages, the newly named Millennium Water is a permanent installation, on track to becoming Canada’s first LEED Platinum neighborhood
Learning in the Field
A master’s in real estate programs combines classroom study with a heavy dose of reality.
Population Boom
Grubb & Ellis Apartment REIT’s Jay Olander notes that the United States will be home to 94 million more people in 2030 than in 2000.
Selling Standards
Companies have reasons to abide by common rules when reporting real estate investment performance.
Rent Control: An Intelligent Discourse is Needed
Moving forward toward a more balanced approach.