National
Greystone Appoints New CEO
Thomas Ryan, who has been with the company since 1999, will be replacing current CEO Jeff Simpson in January 2018.
Facebook Marketplace Gets Into Real Estate
Marketplace continues to be a big focus for Facebook, which intends on turning its social network into a portal for everything, from checking the weather and buying movie tickets to now listing your apartment or home.
Investors Eye Robust 2018: Capital One
According to the company’s latest survey of 121 industry professionals, the new year will bring investors to search for value outside of urban core markets and get back to being active buyers and sellers.
Economy: Senior Housing Returns Beat Most Property Types
Third-quarter 2017 investment returns for NCREIF-reported senior housing assets bested all property types, except for one, according to the National Investment Center for Seniors Housing & Care.
High-Profile Construction Blazes Spark Safety Debate
Not only is the prevention and management of fires a top industry priority, but the scope of these incidents has drawn the attention of code officials, fire safety advocates and the media alike.
A Decade Post-Recession: A New Mortgage System
GLORIUS Corp. CEO Kirsten Paul discusses the changes in the lending environment caused by the market crash and weighs in on what to expect going forward.
Which of 2017’s Top Stories Will Impact Next Year?
The multifamily sector has grappled with any number of challenges this year: record-breaking natural disasters, policy uncertainties and concerns over affordability, to name a few.
Prescient Launches New Investment Vehicle
The BIM design and building platform, which reduces the time and cost of constructing multi-unit housing using a proprietary modular construction system, has created Powered by Prescient. The subsidiary will acquire minority stakes in real estate development projects throughout the country. MHN talked with the company’s management to find out more about this new private equity firm.
Economy Watch: Median Rents Up In November in Most Markets
The national median rent for one-bedroom apartments dropped for most of the year, but recovered beginning in September, according to a recent ABODO report.
Transactions: December 2017
The following is a list of transactions that were announced between Sept. 29 and Oct. 26, 2017.