News
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.
Cortland Partners Craftily Secures $9.5M in Financing for Atlanta-Area Apartment Renovation Project
Atlanta–The grip of the credit crunch may be loosening but, as Cortland Partners is well aware, securing financing for commercial real estate investments remains no simple feat.
DEAL OF THE DAY: Raintree Partners Acquired Three Properties in Calif. For $30.6M
Pomona, Calif.–Investor and developer Raintree Partners has acquired a portfolio of three multifamily properties.
Boral Buys MonierLifetile, Creating Only U.S. Tile and Clay Roofing Company
Roswell, Ga.–Boral USA has just acquired the remaining 50 percent interest in Irvine, Calif.’s MonierLifetile L.L.C. from joint venture partner Oberursel, Germany-based Monier Group.
Mid-America Apartment Communities Launches Mobile-Friendly Websites
Memphis, Tenn.–Mid-America Apartment Communities has launched mobile-friendly websites to make apartment hunting easier and more convenient.
DEAL OF THE DAY: Alliant Capital Completes $7.4M Refinance for Maturing CMBS Loan
Marion, Iowa –Alliant Capital LLC has refinanced the Regal Townhomes in Marion, Iowa.