National
TODAY’S DEALS: Martin Fein Interests Completes Two Colorado Sales
ARA brokers two sales in Lone Tree, Colo.; Griffis Residential completes a $48.8 million sale in Colorado Springs, Colo.; and Oak Grove Capital arranges $27 million in financing involving only 45 days of processing for a value-add property.
TODAY’S DEALS: Walker & Dunlop Structures $145M Mortgage for Honolulu Asset
Walker & Dunlop arranges a large Fannie Mae mortgage; TGM Associates completes a Connecticut sale; and Capital One Multifamily provides a $30.25 million bridge loan for Golden Horizon Realty.
Economy Watch: US, World Metro Areas’ Economic Growth Vastly Uneven
The fastest-growing metro areas in the United States year-over-year in 2014—including both employment growth and GDP per capita growth combined—were (in order beginning with the strongest): Austin, Houston, Raleigh, Fresno and Dallas.
Economy Watch: Millennials Will Continue to Be Renters. Here’s Why
All good times do come to an end, but in the case of the running boom for U.S. apartment properties, demographic data (demand) and development data (supply) are still on the landlords’ side and likely will be for at least another decade, if not longer.
NMHC Special Report: Working Towards Workforce Housing
A panel at the 2015 NMHC Apartment Strategies Outlook Conference tackles the shortcomings of the workforce housing space, and discusses some creative strategies to bring quality, affordable housing to the middle class.
NMHC Special Report: The Demographics of Development
With more than 104 million people living in apartments in the United States, who exactly should we be developing for?
Economy Watch: Homebuilders Still Optimistic, Says NAHB
During the worst of the recession, the confidence of homebuilders nationwide was absolutely crushed. But homebuilders finally reached a more optimistic frame of mind.
Economy Watch: A Strong Year for the Hotel Industry
This year is going to be another good year for the U.S. hotel industry, even better than the strong 2014, according to recent predictions from various sources, including the most recent TravelClick North American Hospitality Review (NAHR) and PKF Hospitality Research (a CBRE company).
Economy Watch: Low Inflation Generally Positive for CRE
The Bureau of Labor Statistics reported that the CPI was down 0.4 percent in December. That’s the steepest drop in that particular metric since 2008.
TODAY’S DEALS: Waypoint Grows Portfolio in Augusta
Waypoint Residential completes its third Georgia buy; IPA Capital Markets arranges a $34.1 million refinance for a Colorado community; and MG Properties acquires a multifamily property for nearly $39 million.