National
Auctions May Help Unfreeze Condo Market
With sales of individual condominium units still slow on a nationwide basis, two executives that specialize in property auctions see a growing trend toward using auctions to sell a large amount of inventory in a short space of time.
Survey Finds Apartment Market Conditions Largely Unchanged, but Bright Spots Appear
Apartment industry market conditions are mostly unchanged from three months ago, according to the National Multi Housing Council’s latest Quarterly Survey of Apartment Market Conditions. But two key metrics, sales volume and availability of equity financing, showed some signs of improvement.
Marcus & Millichap Sees Opportunity in Helping Beleaguered Borrowers
Debt might be weighing down the commercial real estate business, but that doesn’t mean there isn’t opportunity posed by the problem.
Campus Advantage Communities Take Action to Support Haitians
Student residents of Campus Advantage properties have been working to raise funds for Haitian survivors.
Lenders Will Prefer Multifamily This Year: JLL Survey
Lenders are predicting that commercial real estate loan volume in 2010 will outpace that of last year by a considerable margin, according to the Jones Lang LaSalle’s annual 2010 Lenders’ Production Expectations Survey.
Disposers Can Play Important Role in Solving Food Waste Management Challenge
As the world’s largest manufacturer of food waste disposers, InSinkErator wants to make everyone understand the positive role food waste disposers play in environmentally responsible waste management.
Freddie Mac Unveils New Anti-Foreclosure Initiative
Freddie Mac and 13 nonprofit organizations have created a pilot program to persuade delinquent borrowers to pursue mortgage workouts to help them steer clear of foreclosure.
DEAL OF THE DAY: Lennar Completes Transactions With FDIC to Acquire $3.05B of Distressed Real Estate Loans
Miami‑Lennar Corporation has purchased two portfolios of loans with a combined unpaid balance of $3.05 billion from the Federal Deposit Insurance Corp. (FDIC). The transactions include approximately 5,500 distressed residential and commercial real estate loans from 22 failed bank receiverships.
Resident Sweepstakes Program Encourages Residents to Pay Rent Electronically
PropertyBridge, Inc. has announced the winner of its $10,000 Resident Sweepstakes program. Molly Charpentier, resident of Heritage Park Senior Community in Alta Loma, Calif. won the PropertyBridge Resident Sweepstakes $10,000 grand prize.
2011 Budget Proposal Is Good With Regards to Housing
Clare Duncan, policy associate at the NHC, explains how the funding for HUD will go toward achieving some of its key goals.