National
TODAY'S DEALS: NorthMarq Arranges $24.1M for Tampa Asset
NorthMarq Capital arranges a $24.1 million loan; Prudential Mortgage Capital closes $70 million for five senior living residences; and YAM Management buys an Indiana skilled nursing facility for $12.9 million.
Economy Watch: Mortgage Delinquencies See Uptick
U.S. mortgage delinquencies edged up a bit in the second quarter, according to the Mortgage Brokers Association on Thursday.
TODAY'S DEALS: Harbor Group International Acquires Four-Property Portfolio for $131M
Harbor Group acquires a four-property portfolio; MC Companies buys a 170-unit Austin asset; and Beech Street refinances three assets in Connecticut to the tune of $16.7 million.
Economy Watch: Recovering Housing Market Buoys Fannie Mae
Fannie Mae reported on Wednesday that it had a net income of about $5.1 billion for the second quarter of 2012.
Multifamily Permits Continue to Rise on Annual Basis
Recent trends in multifamily permitting, which is a volatile indicator of multifamily construction, nevertheless show that there’s strong developer interest in building apartments in the post-Great Recession environment.
TODAY'S DEALS: HFF Lands Acquisition Financing for Florida Asset
HFF lands financing for a Stonebridge acquisition; KeyBank provides $27.4 million to refinance two properties in Colorado; and MIG Real Estate continues its expansion into Colorado with the purchase of two properties.
MIG Real Estate LLC Acquires Two Residential Communities in Lakewood
By Gabriel Circiog, Associate Editor MIG Real Estate LLC has acquired two residential communities in the Lakewood submarket of Denver. The Newport Beach, Calif.-based real estate investment company purchased The Hamptons and The Huntington, representing the fifth and sixth acquisition for the company in Colorado. The Hamptons is a 312-unit residential community located at 8507 […]
Economy Watch: CoreLogic Says Home Prices Up
Home prices nationwide increased on a year-over-year basis by 2.5 percent in June 2012 compared with the same month last year, including distressed sales, according to CoreLogic on Tuesday.
Economy Watch: Employment Growth Up, But Economy Still Spinning Its Wheels
Though the report turned out better than expected, July’s employment numbers still count as mediocre.
TODAY'S DEALS: AIMCO Completes 192-Unit Sale
AIMCO buys a 192-unit asset in Florida; Arbor closes six DUS deals totalling $33.5 million; and CB Richard Ellis — N.E. Partners LP completes the sale of a $10 million asset in Allston, Mass.