National
How Trader Joe's Can Be An Example to Apartment Managers
Five tips for applying the store’s success to the multifamily industry.
6 Things to Consider Before Purchasing Non-Performing Notes
Looking to purchase non-performing multifamily notes? Keep the following six issues in mind.
Today's Deals: TF Cornerstone Lands $256M for LIC Tower
TF Cornerstone lands a $265 million loan for an 820-unit tower; Greystar receives a management gig from Stoneleigh; and Alliant closes on a $2 million Fannie Mae refi loan.
TODAY'S DEALS: Waterton Acquires Class A Dallas Portfolio
Waterton Residential continues its national acquisition spree with three upscale Dallas communities; HFF closes the $90 million sale of a high-rise in Chicago; and Beech Street provides a $9.4 million loan to acquire rent stabilized apartments.
Keeping Residents Happy
“There is no magic wand for improving resident retention,” says Doug Miller, founder and president of the resident satisfaction specialist firm SatisFacts Research.
Tavaci Road at Center of Yet Another Cottonwood Heights Dispute
By Alex Girda, Associate Editor Cottonwood Heights is facing another issue just a few weeks after developer Terry Diehl filed a petition to disconnect his Tavaci development from the city and make it part of Salt Lake County. The main reasons for his desired shift were the ability for a higher housing density and to […]
TODAY’S DEALS: North Carolina Community Trades Hands for $28.5M
ARA brokers the sale of a 300-unit asset; Westdale Investment Partners buys a 210-unit community in Charlotte, N.C.; and HFF secures a $34.5 million participating construction loan.
Housing Remains More Affordable Than Before, Including For-Sale Multifamily
The National Association of Home Builders reports that its NAHB/Wells Fargo Housing Opportunity Index, which tracks residential affordability nationwide and in various metro markets, indicates that housing affordability during the third quarter of 2011 hovered near its highest level in the more than 20 years since the index was created.
TODAY’S DEALS: Kennedy Wilson Acquires Portland Asset for $29.5M
Kennedy Wilson buys a 198-unit community in Portland, Ore.; Red Capital Markets deploys a $6 million bond for an affordable development in Ohio; and NorthMarq Capital arranges a $14.3 million construction/mini perm loan.
MHN INTERVIEW: Former HUD Secretary Henry Cisneros on the Bipartisan Housing Commission
MHN talks with Henry Cisneros, a former HUD Secretary and current chairman of CityView, about the goals of the newly launched Housing Commission and his projections for the future of the industry.