National
TODAY'S DEALS: HFF Secures $56M Refi for San Diego Student Housing
HFF lands $56 million in refinancing for a student housing asset; a historic redevelopment moves forward in Quincy, Mass.; and Johnson Capital arranges 30 loans for over $225 million during the final weeks of December 2011.
NeighborWorks Network Exceeds 90,000 Affordable Rental Units
Rental units owned or managed by the NeighborWorks America network exceeded 90,000 as of the end of September, and the network invested more than $1.3 billion in rental housing during the fiscal year.
TODAY'S DEALS: Seniors Portfolio Hits Texas Market
Marcus & Millichap is awarded the listing rights for a Texas seniors housing portfolio; ARA brokers the sale of a prime land parcel in Denver’s Technological Corridor; and Walker & Dunlop provides a $31.9M Fannie Mae loan.
TODAY'S DEALS: HFF Closes Class A Sale in New Jersey
Holliday Fenoglio Fowler closes a 704-unit sale in New Jersey; Clarion Partners invests in a development in North Carolina; and Irongate Realty Partners announces the purchase of a non-performing note.
TODAY'S DEALS: The Habitat Co. Breaks Ground on 450-Unit Chicago High-Rise
The Habitat Company begins a 450-unit development in Chicago; Centerline Capital refinances a Pittsburgh asset; and Meridian negotiates financing in Manhattan, Brooklyn, Queens and Westchester County, N.Y.
TODAY'S DEALS: Lee & Associates Lands $175M Recapitalization for San Francisco Asset
Lee & Associates secures an equity partner for a large San Francisco asset; American Campus Communities acquires two properties totaling 1,927 beds; and Palatine Capital sells a community for double its acquisition price.
Apartment Sector Will Continue to be Job Generator
Most sectors of the U.S. economy continue to show sluggish rates of employment growth, but the prospect of employment growth in the apartment industry is strong.
TODAY'S DEALS: NorthMarq Arranges $136.4M for Student Housing Portfolio
NorthMarq provides $136.4 million to recapitalize a student housing portfolio; NASH-Newland acquires 28 master-planned communities; and Spirit/Bascom form a JV targeting 5,000 units.
Today's Deals: CBRE Capital Markets Arranges $155M for Seattle Portfolio
CBRE Capital Markets arranges a $155 million refinancing for a Seattle portfolio; Security Properties closes 2011 with $244 million in transactions; and Boston Capital invests in an affordable project in Maine.
Marcus & Millichap Report Predicts Strongest Year Yet for Rental Market
2011 proved to be a good year for multifamily, according to Marcus & Millichap’s 2012 National Apartment Report. And this is predicted to continue for 2012.