News

MARKET SNAPSHOT: Finding the Bottom in Portland, Ore.

Despite the prevalence of rent reductions and concessions throughout the City of Roses, “things are stabilizing,” according to Gary Winkler, senior broker-multifamily investments in Colliers International’s Portland, Ore. office.

Smart Phone App to Enable RE Professionals to Buy Zip Codes for Exclusive Advertising

Visionary Apps LLC has launched a suite of real estate-related smart phone applications

Jones Lang LaSalle Hires MF Sales Leaders Cissel and Melnick

Jones Lang LaSalle has added multifamily investment sales veterans

HUD Provides $49.3M for Job Training to Low-Incomes People

The U.S Department of Housing and Urban Development (HUD) will provide public housing agencies across the U.S., Guam and Puerto Rico with nearly $49.3 million to provide low-income people with the necessary job training to put them on a path toward self-sufficiency.

Northbridge Inks Senior Housing JV With Harrison Street

The Northbridge Cos. of Burlington, Mass., and Sandy River II of Portland, Maine, have finalized a $100 million joint-

Yardi Systems Acquires PropertyShark for Real Estate Data

Yardi Systems has acquired PropertyShark, creators of PropertyShark.com, the New York City-based real estate data website.

DEAL OF THE DAY: KeyBank Provides $16M in Freddie Mac Funding for Acquisition of Seattle-Area Apartment

KeyBank Real Estate Capital recently provided a $16 million acquisition loan to Treetops Investors.

In Secondhand Smoke Suit, Jury’s Verdict Is in Favor of Broker

For real estate brokers in Massachusetts, this was quite a relief

McWhinney Begins Work on New Apartments in Northern Colorado

McWhinney has broken ground for Lake Vista at Centerra, a 303-unit apartment development in the northern Colorado town of Loveland

Commercial Real Estate Solutions’ New Tool Lets Brokers Create Marketing Materials

Commercial real estate consulting firm Commercial Real Estate Solutions has introduced