Regions
How Students Look for Apartments
Catalyst’s most recent survey shows what students use to look for apartments.
TODAY'S DEALS: Lee & Associates Sells a 358-Unit Asset in Long Beach
Lee & Associates transacts the sale of a 358-unit community in California; Beech Street Capital finances a $9.5 million loan for a Miami acquisition; and NorthMarq Capital arranges a $20.1 million mortgage/bridge loan for a seniors housing portfolio.
Argo Expands Manhattan Co-op Management Portfolio
Argo Real Estate, a specialist in New York-area real estate, has been selected as property manager for three residential co-op properties in Manhattan.
EdR Announces Joint Venture at University of Mississippi
A new $36 million off-campus student housing community to open in fall 2013 near the University of Mississippi will be developed, owned and managed through a joint venture between EdR and Landmark Properties.
TODAY'S DEALS: AREA Property Partners Acquires 1,180 Units in Virginia
AREA Property Partners buys a large asset in Alexandria, Va.; Chestnut Hill Realty completes an addition on a Massachusetts re-positioning; and Mortgage Equicap arranges a $17 million construction loan.
Wood Partners Announces Construction of Luxury Apartments in Houston
Wood Partners recently announced that it would begin construction of a $32.4 million luxury apartment community in Houston.
Roseland Property Co.'s Estuary Focuses on Harmonious Living
When Hartz Mountain Industries and Roseland Property Co. announced their partnership to build The Estuary, they said things would be different. Judging by the groundbreaking ceremony, which included a bowl of rice and some rose petals instead of the machinery and hardhats that normally begin construction, it appears that statement was correct.
LA Affordable Housing Development Opens on School District Land
Rio Vista Apartments, the first joint-use development in Los Angeles County that combines affordable housing and an Early Education Center on school district surplus land, has opened.
TODAY'S DEALS: Pivotal Group Acquires 21 Communities in Texas
Pivotal Group Inc. completes a joint venture acquisition of 21 communities in Texas; NewGate Capital introduces a new fund aimed at the redevelopment of mixed-use projects in Central Florida; and ARA announces the sale of a 350-unit Class-A apartment community in Raleigh, N.C.
MHN Interview: NYU's Furman Center's Surprising Data on Subsidized Housing
New York University’s Furman Center for Real Estate and Urban Policy was recently awarded the MacArthur Award for Creative and Effective Institutions. MHN interviewed Furman Center co-director Ingrid Gould Ellen on the Furman Center and what surprising data their research revealed about subsidized housing.