National
Apartment Property Insurance Goes on the Upswing in 2011
A year can make quite a difference, and it has in the National Multi Housing Council’s annual Apartment Cost of Risk Survey. As per the study’s results, the cost to insure apartment properties increased from 2010 to 2011, going up 1 percent.
Today's Deals: ARA Announces $64.5M Portfolio Sale
ARA announces a $64.5 million portfolio sale; Phoenix Realty Group acquires two assets for $65 million; and The Bozzuto Group partners with Giant Food on a $125 million development.
On the Hill: The Post Construction Rule
The EPA is currently developing a proposal that would impose requirements on new developments, redevelopments and MS4s (municipal storm-sewer systems) to reduce the quantity of stormwater runoff.
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.