News
A Family Affair
Kisco Senior Living appeals to prospects by developing a rapport with the whole family—in 40 seconds or less
Playing for Keeps
The Las Vegas apartment market may be underwater, but investors can still win a deal in Sin City
Here’s the Money
One year after the financial crisis, there are multiple options for financing multifamily housing
Figuring out Social Media
As management companies and residents alike flock to Facebook, LinkedIn and Twitter, their use as marketing tools can be both intriguing and inconclusive
NWP Services Corporation Acquires Vertex Multifamily Services Division/CBSI
Tampa, Fla.–NWP Services Corporation (NWP) has acquired the Multifamily Services Division (CBSI) from Vertex Business Services. CBSI is a Tampa-based provider of billing, energy management, and meter installation and maintenance services to multifamily housing communities and commercial real estate properties. The acquisition extends NWP’s market leadership in utility billing, cost recovery and utility management for the multifamily housing industry. “We are pleased with the completion of this acquisition and for what it means to our company’s continued growth, but more importantly for what it provides for our new customers,” says Michael Radice, president and CEO of NWP. “Our additional services…
First Large Scale Residential Installation of Fuel Cell in the World Takes Place in New Haven
The fuel cell will provide combustion-free power to the 500 residential units.
National Housing Trust and Enterprise Announce New Green Preservation Loan Product
A new lending program from Enterprise and the National Housing Trust Community Development Fund has been launched, which will provide nonprofit owners and developers capital to jump-start green retrofits of affordable rental communities.
Jersey City Condo Conversion of 150-Year-Old Factory Wins Preservation Award
The Jersey City Landmarks Conservancy has selected the Residences at Dixon Mills, a condo conversion in downtown Jersey City, to receive its 2010 Excellence in Preservation award.
Houston Apartment Complexes Slated for Online Auction
Cushman & Wakefield is planning a fully online auction for the sale of a group of multifamily apartment complexes in the metro Houston area.
DEAL OF THE DAY: Arbor Closes $1.93M Fannie Mae DUS MAH Loan
Arbor Commercial Funding LLC announced the recent funding of a $1,930,000 loan under the Fannie Mae DUS Multifamily Affordable Housing product line for the 64-unit Lake June Village Apartments in Dallas.