Regions
Joint Venture Acquires 7,654-acre CalPERS Portfolio, Including Merriam Mountain
By Gabriel Circiog, Associate Editor San Diego-based Newland Real Estate Group LLC has formed a new joint venture with North America Sekisui House LLC, a division of a major Japanese development company, and has thus acquired the largest operating portfolio of residential master-planned communities in the United States. The San Diego Union-Tribune reports the deal […]
TODAY'S DEALS: Inland American Breaks Ground on Arizona Student Housing
Inland American Communities breaks ground on a 318-bed student housing community; EdR buys a collegiate housing asset in Oklahoma; and NorthMarq arranges a $19.2 million FHA-insured mortgage.
CityView Closes on First Community in its $300 Million Fund
CityView has closed on its first asset from the Bay Area Fund–a $300 million fund that will be used to invest in Bay Area, Calif., multifamily communities.
Finalists Selected for University of West Georgia Housing Facility
East Village Housing & Dining Phase II at the University of West Georgia has taken another step closer to realization with the selection of four short-list finalists for the development of the facility.
The River Crests Above Previous Sales Record in Calgary
The sale of a residence at the luxury condominium development The River has surpassed the previous high water marks for condo prices in the history of Calgary, Alberta.
A New Take on Affordable Housing
The term “luxury” isn’t the first word you think of when you hear “affordable housing,” but NMS Properties is looking to change this with their Luxe @ Broadway apartments.
Fannie Mae Ups Multifamily MBS Issuance
Fannie Mae reports that during the fourth quarter of 2011, it issued $7.2 billion multifamily MBS, the highest quarterly issuance since the GSE started bringing its multifamily MBS business back from a standstill in 2009.
TODAY'S DEALS: HFF Lands $52M in Acquisition Financing for Texas Student Housing
HFF secures financing for two student housing acquisitions; and Tryko Partners nearly doubles its multifamily holdings in 2011.
Special Report: 'Capital is Constrained' Says NMHC Apartment Strategies Panel
In Part 2 of MHN’s Special Report from the NMHC Annual Meeting, the industry opines on the availability of infill sites, the dangers of overbuilding and opportunities in tertiary markets.
According to Market Report, Long Island City, N.Y., is Thriving
Last year was a very good year for Long Island City, N.Y., which leveraged the rising rents in Manhattan and Brooklyn to attract many first-time residents.