National
Webcast to Address Water Submetering Equipment, Regulatory, Maintenance, Resident Issues
NWP Services Corp. will be sponsoring a webcast to take place at 2pm EST on Wed., April 3. The webcast will address water submetering.
Economy Watch: Economy Sees Uptick, Chicago Fed Says
In the broad uptick, the Federal Reserve of Chicago reported that its National Activity Index (CFNAI) increased to +0.44 in February, from 0.49 in January.
TODAY’S DEALS: IPA Brokers $64.3M Sale for JB Matteson
IPA brokers a 358-unit sale for JB Matteson; Canyon Capital funds a $15 million mezzanine loan for the construction of a mixed-use asset in Dallas; and TRG buys an apartment community near LA Live.
Long Beach Senior Affordable Community Finally Holds Groundbreaking
By Alex Girda, Associate Editor A major step was taken to ensure that an important residential development in Long Beach will have new life following a number of funding delays due to redevelopment legislation. However, the Ramona Park senior affordable housing development has managed to pull through and recently held a groundbreaking ceremony, confirming the […]
Economy Watch: Cypriot Bailout Done (Probably)
Over the weekend, the Cypriot parliament worked on a plan to confiscate a percentage of deposits over 100,000 euros in the most troubled of the country’s banks to raise the money demanded by lenders, so that the 10 billion-euro bailout may proceed.
TODAY’S DEALS: AvalonBay Sells Two D.C. Area Assets for $332M
AvalonBay sells 1,392 units; Decron breaks ground in Los Angeles; and NorthMarq Capital arranges $20.62 million in FHA financing.
Growing Labor Shortages Impeding Housing and Economic Recovery
Growing labor shortages in all facets of the residential construction sector are impeding the housing and economic recovery, according to a new survey conducted by the National Association of Home Builders.
Cities that Promise to be the Healthiest Real Estate Markets
An infographic showing cities that promise to be the healthiest real estate markets for 2013.
TODAY’S DEALS: Mack-Cali Enters D.C. with $262.5M Buy
Mack-Cali enters the Metro D.C. multifamily market in a big way; Walker & Dunlop closes $90 million for a Pennsylvania asset; and Keller Williams Commercial arranged the $3.31 million sale of a San Diego multifamily property.
Economy Watch: Homebuilding Sees Healthy Uptick in February
The Federal Open Market Committee offered its thoughts about the U.S. economy once again on Wednesday, and came out more optimistic than it’s been in a few months.