National
TODAY’S DEALS: American Realty Advisors Acquires 186-Unit Community
American Realty Advisors acquires a 186-unit community in Houston; Education Realty Trust starts the 2011 school year with 94.9 percent occupancy; and Marcus & Millichap arranges a $17 million bridge loan for the completion of an apartment property.
Gen-X, Gen-Y Changing the Face of Multifamily Market and Architecture
The apartment sector, which is leading the rebound of the commercial real estate industry, is in the midst of transition, and it’s the growing population of young professionals that is spurring the change.
TODAY’S DEALS: Phoenix Community Commands $30.5M
Colliers International and ARA complete a $30.5M Phoenix Transaction; Archstone buys a land parcel in Washington, D.C., which is slated for a 206-unit community; and Jones Lang LaSalle brokers a Nashville apartment sale to a private equity fund.
MHN Interview: Josh Herst, CEO of Walk Score
Josh Herst, CEO of Walk Score, describes how property managers and residents alike can benefit from knowing how walkable an apartment is to nearby amenities.
SPECIAL REPORT: Student Housing Has Arrived; Institutional Investors are ‘Giddy’
The student housing market is healthy and booming, according to industry leaders at NMHC’s 2011 Student Housing Conference & Exposition.
MPF Research Confirms Strong Occupancy, Rental Growth for U.S. Apartment Sector
There’s no question that apartments are hot. That’s the takeaway from the latest quarterly report by MPF Research, which found that the national apartment occupancy rate climbed 0.6 percentage points during the past three months.
Red Capital Group Shares Mid-Year Multifamily Review & Outlook Report
Red Capital Group, LLC, has posted on its website its Research Team’s most recent multifamily housing industry report titled “Multifamily Housing Industry 2011 Mid-Year Review and Second Half Outlook Report.”
TODAY’S DEALS: IPA Sells 64-Unit Community for $14.85M
Institutional Property Advisors arranges the sale of a Newport Beach community; Essex Realty Group sells a 20-unit walk-up in Chicago; and HFF is named to market the sale of an Ohio portfolio.
TODAY’S DEALS: Colliers Negotiates Sale of 224-Unit Community in Phoenix
Colliers negotiates the sale of a Phoenix community for $8.3 million; Capital Senior Living completes two mortgage financings totaling $23.8 million; and Marcus & Millichap brokers the sale of a 214-unit community in Connecticut.
David Brickman Takes Over as Head of Multifamily at Freddie Mac
David Brickman was named senior vice president, multifamily, at Freddie Mac in June, succeeding Michael May.