News
Report Finds 17% of Birmingham Apartment Assets Are Distressed
As many as 9,000 units, or about 17 percent of Birmingham’s stock is considered distressed, according to a recent report issued on the Birmingham, Ala. apartment market.
Investment Group Acquires MF Financing Co. Red Capital Group
An investment group led by Dallas-based ORIX USA Corp. and including Stonehenge Partners of Columbus, Ohio
New Company Offers New Approach to Construction Photography
Scott Yahraus and Andrew Weissman, two southern California real estate veterans, have started a company to offer developers and construction companies a more methodical way to document the construction process
Robert Leveen Joins Lee & Associates Investment Services Group as Senior VP
Lee & Associates-Investment Services Group (ISG) has appointed Robert Leveen to the position of senior vice president.
DEAL OF THE DAY: ARA Brokers Sale of Uncompleted Apartment Property
Apartment Realty Advisors (ARA) recently arranged the sale of The Bridgemoor at Killeen, a 180-unit apartment community in Killeen, Texas.
Get Ready for ‘Fair Value’
A new method of reporting commercial real estate asks ‘what can you sell the property for?’
Maximize Efficiencies for Student Housing Turns
It’s nearly that time of year—when student housing owners and operators are preparing for the busiest season and the dreaded turnover. While conventional apartments have the luxury of spacing out turnovers throughout the year, student housing turns occur in a span of about two weeks.
PNC Financial Services Was Top Loan Originator of MF Debt Financing in 2009
PNC Financial Services Group Inc., Deutsche Bank Berkshire Mortgage and Prudential Multifamily Mortgage
Nonprofits Acquire Transit-Oriented Affordable Apartments in Denver
Enterprise Community Partners Inc. and the Urban Land Conservancy (ULC), a Denver-based nonprofit real estate organization, have made their first property acquisition
Yardi Acquires DIY Real Estate Solutions
Yardi Systems recently acquired residential property management software provider DIY Real Estate Solutions