National
A Different World for CRE, 10 Years Later
The world became a different place on Sept. 11, 2001. The broad political and economic changes wrought by the attacks have been well documented, even as they continue to reverberate 10 years later.
How Green Is Your Apartment?: New Report Reveals Environmental Issues
Potential multifamily owners can now discover environmental issues associated with a property before they buy.
Cities Across Country Show Sustained Economic Growth
Some good news for the housing industry: several cities in the United States have shown steady improvement over the last six months in housing permits, employment and housing prices.
TODAY’S DEALS: Crow Holdings Purchases 280-Unit Luxury Mixed-Use Community
Embrey Partners sells a San Antonio mixed-use community to Crow Holdings; Phoenix Realty partnership acquires a 372-unit property in N.J.; and DBBM provides a $19.9 million refinance for a community in Washington, D.C.
TODAY’S DEALS: Senior Housing Properties Trust Agrees to $478M Purchase
Senior Housing Properties Trust announces a $478 million purchase; Boston Capital invests in an affordable development in Virginia; and Essex Realty Group brokers the sale of a walk-up building for $1.1 million.
Multi-Housing Projects Could Mean Green Card for Investors
A standard multi-housing development may or may not help an investor stay in the United States, if only a few jobs are created.
Could the FHFA’s Possible Lawsuit Against U.S. Banks Affect the Multi-Housing Industry?
The FHFA, the federal agency that oversees Fannie Mae and Freddie Mac, is looking to file a lawsuit against more than a dozen big U.S. banks. The suit will accuse the banks of misrepresenting the quality of mortgage securities they sold before the housing crisis.
Multifamily and Commercial Real Estate: Tale of Two Sectors
The multifamily sector of the real estate industry is experiencing a recovery, and is poised to register increases in average rents. However, commercial real estate vacancy rates are flat, and lackluster economic growth is likely to keep growth modest.
TODAY’S DEALS: UDR Completes $325M Purchase
The Moinian Group closes the sale of 95 Wall to UDR Inc.; Carrfour buys an affordable housing community in Miami; and NAI Tampa Bay closes multifamily development sites.
Multifamily High-Rises Now Eligible for Energy Star
Washington, D.C.–When it comes to the U.S. Environmental Protection Agency’s Energy Star, a highly coveted green stamp of approval, multifamily high-rises are now on equal footing with low-rise multifamily structures and single-family homes.