News
Renovating Apartment Units to Stay Competitive
Though the rehab market has slowed, renovating now can put you ahead of the competition.
Is Multifamily Construction Financing Staging a Return?
To what degree is construction financing staging a return to the multifamily sector?
DEAL OF THE DAY: Raintree Acquires Two-Property Portfolio for $65M
Carlsbad and Rancho Peñasquitos, Calif.,–Raintree Partners completed the acquisition of a two-property, multifamily portfolio for $65 million.
New Mixed-Use Housing Project to Boost Brooklyn’s Bed-Stuy Neighborhood
New York–The effort to revitalize Brooklyn, New York’s, Bedford-Stuyvesant neighborhood takes a step forward with the groundbreaking on The Bradford, a mixed-use, mixed-income apartment property that will produce 105 residences.
$137M Million Student Housing Completed at U of C Irvine
Irvine, Calif.–Austin-based American Campus Communities Inc., one of the larger owners of student housing nationwide, has completed a housing project at the University of California-Irvine.
Web Feature: Where and Why Are Prospects Looking for Apartments?
New York–A big factor in the success of a multifamily management or owning company is figuring out the answer to a basic question: where and why prospects are shopping for apartments.
DEAL OF THE DAY: NorthMarq Arranges $95.81M Tax-Exempt Bond Securitization for Multifamily Portfolio
Omaha, Neb.–John Reed, vice president of NorthMarq Capital’s Omaha Regional office, arranged a $95.81 million Freddie Mac tax-exempt bond securitization for a national bond portfolio owned by America First Tax Exempt Investors L.P.
Seniors Housing Occupancy Rates and Other Indicators Hold Steady in Third Quarter
Annapolis, Md.–According to the National Investment Center for the Seniors Housing & Care Industry’s third quarter NIC MAP, the occupancy rate, as well as rent growth and new construction activity, did not diverge much from second quarter figures, but that may very well mean that the sector has hit bottom.