Regions
MARKET SNAPSHOT: Occupancy, Investment Activity on the Rise in the Nation's Capital
In the first quarter of 2012, the Washington, D.C., metro saw overall vacancy fall 20 basis points to 4.0 percent, while vacancy in the district fell 30 basis points to 4.4 percent.
Ground Broken on UNT Student Housing
Fountain Residential Partners and Crosswind Development Partners have broken ground on 33 North, a 139-unit/427-bed student housing property in Denton, a small city north of Dallas.
MHN Interview: Company Pledges $750,000 to Support Affordable Housing Development
Enterprise Community Partners recently announced it will offer $750,000 in grant support to fund supportive and senior housing development. MHN talks to Victoria Shire, deputy director, neighborhood initiatives, Enterprise, about this new initiative.
TODAY'S DEALS: Harbor Group Buys Three-Property Portfolio for $100M
Harbor Group International acquires a 1,218-unit portfolio in Florida; MIG Real Estate buys a luxury asset in Austin; and Colliers International brokers the $2.7 million sale of a residential lot in a college area.
New Housing for Low-Income Seniors Breaks Ground Near Akron
Groundbreaking ceremonies were recently held for the AHEPA 63 Apartments, a new residential community for low-income older adults in Ohio.
NAHB Says Condo Market Shows Improvement
The National Association of Home Builders announced that the Multifamily Production Index, or MPI, reached its highest rating since the third quarter of 2005.
MHN Interview: Why Now Is a Good Time for Multifamily Acquisitions
MHN speaks with W. Dean Henry, president of Legacy Partners Residential, about why now is the best time for multifamily acquisitions.
TODAY'S DEALS: Beech Street Refinances Alabama Asset
Beech Street closes a $25 million Freddie Mac CME loan for a Mobile, Ala., asset; The Bascom Group acquires two properties in California for $18.7 million; and Pearlmark Real Estate closes a $6.2 million mez loan for a new construction project.
Work Begins on Affordable Seniors Housing in Baltimore
Enterprise Homes has broken ground on the Greens at Irvington Mews, a 100-unit affordable housing development in Baltimore.
AVR Homebuilders Captures Prestigious Energy Star Award
AVR Homebuilders, a division of AVR Realty Company LLC, was one of two residential developers in the United States to be awarded a 2012 Energy Star Partner of the Year-New Home Builder award by the U.S. Environmental Protection Agency.