News
Student Housing: Catch the Wave
Developers, investors and managers can win at the student housing game—if they play at the varsity level
New TOD Comes Opens in Anaheim
Irvine, Calif.–The Crossing, a new luxury, transit-oriented apartment community in Anaheim, Calif. recently opened 100 of its 312 units. Developed by SARES•REGIS Group and designed by KTGY Group, Inc., Architecture and Planning, The Crossing is an amenity-rich, pet and eco-friendly community adjacent to the Metrolink Anaheim Canyon Station. While the remaining units will be ready this July, people have already moved into units that have been completed. Demand has been positive, according to the developer, even though, rents Saris•Regis did have to reduce the rents by 10 percent in keeping up with the downturn in the economy. Located at 3530…
Apartment Property Set to be First LEED for Homes Gold in Alabama
The newly completed Phelan Flats apartment complex in Birmingham, Ala., has applied
Forum Explores Ways to Preserve Green Rental Homes
Representatives from a wide array of government agencies, housing providers and housing preservation groups convened
DEAL OF THE DAY: HFF Brokers Sale of Beachfront Redevelopment Site to Related Group’s Perez
The Miami office of HFF (Holliday Fenoglio Fowler LP) has closed a joint venture and sale of the former Ireland’s Inn beachfront redevelopment site in Ft. Lauderdale, Fla. for $27.1M to investors including Jorge Perez of The Related Group.
Equity Is in Good Shape, But Debt Is Still Suffering
Ryan Dearborn talks to MHN about the changes at Wood Partners
DEAL OF THE DAY: Arbor Participates in Small Loans Space with $688,000 Financing
Arbor Commercial Funding LLC recently funded a $688,000 loan under the Fannie Mae DUS Small Loan product line for the 17-unit complex known as Cedar Brook Apartments in Portland, Ore.
Mortgage Relief for Borrowers Hit by Floods: Freddie Mac
In the wake of flooding in certain parts of the East Coast, Freddie Mac has said that it will extend mortgage relief to property owners affected by the disasters
Mark-Taylor Residential Receives Highest Volunteer Honor in Arizona
Arizona Gov. Jan Brewer and the Governor’s Commission on Service and Volunteerism honored Mark-Taylor Residential with a prestigious state volunteerism award for the firm’s involvement in helping homeless families.
New Website Offers Tools to Increase Energy Efficiency in Va. Historic Buildings
A new Web site offers owners of historic buildings in Virginia information on how they can work with existing building materials and architectural features to increase energy efficiency in their properties.