National
Condos Defy Housing Trend, See Sales Uptick
Condo sales nationwide were up 4.8 percent in February compared with January,
MHN Interview with Phil Slingerland: Modular Construction Is Better for Environment
Phil Slingerland, chief operating officer of Warrior Group, talks to MHN
USGBC, Sierra Club Volunteers Initiate Green Building Tours
Local volunteers of the Sierra Club and the U.S. Green Building Council have started conducting public tours of green buildings across the country.
Apartment Rents Rise in Many Markets
Apartment rents haven’t declined as much as commonly supposed,
Camden Property Trust Announces $250M Equity Share Offering
Camden Property Trust recently created an equity share offering program through which it can sell common shares having an
Outstanding Multifamily Mortgages Drop: MBA
According to a Mortgage Bankers Association analysis of Federal Reserve Board Flow of Funds data released over the weekend, multifamily mortgage debt outstanding dropped $11 billion, a 1 percent decrease, between the third quarter and fourth quarter 2009.
Multifamily Management Specialist U.S. Residential Group Formed
Economic turmoil for multifamily owners and lenders means opportunities for multifamily property managers, if the pace at which such companies are being formed is any indication.
Recently Passed Senate Bill Addresses Low Income Housing Tax Credit Issues
While it may seem that Congress has been focused exclusively on health care legislation, a $100 billion jobs measure that passed the Senate on Wednesday contained several provisions important to the multifamily housing industry.
New Legislation to Remove Home Buyer Tax Credit Marriage Penalty
Representative Eliot Engel (D-NY17) recently introduced legislation that would amend the Internal Revenue Code of 1986 eliminating the so called ‘marriage penalty’ from the Home Buyer Tax Credit.
Multifamily Mortgages Relatively Strong: MBA
The Mortgage Bankers Association has published a study (a “Data Note,” the organization calls it) of the relative strength of loans held by U.S. banks and thrifts, finding that commercial and multifamily mortgages remain–despite gloomy press stating the contrary–relatively strong.