Regions
South Bend to Welcome New Senior Housing Development
Ground was recently broken on a new affordable housing community in the northern Indiana city of South Bend.
MARKET SNAPSHOT: Private-Employment Sector Grows, Strengthening Rental Demand in Salt Lake City
Salt Lake City employment expanded 1.8 percent in the first three quarters of 2011, with nearly 11,000 jobs added to the marketplace, which equates to a 2.3 percent increase in private sector employment. Additionally, Marcus & Millichap projects that an additional 14,000 jobs will be added in 2012.
Today's Deals: Behringer Harvard Acquires 345-Unit Asset in Memphis
Behringer Harvard grabs a large community in Memphis; Champion buys a property in Ohio; and Walker & Dunlop funds a $21 million loan for HAP, HOME property.
Survey Offers Good News for Multifamily Industry in '12
Cap rates are going to stabilize, interest rates will remain low and home ownership rates will continue to decline. These are the conclusions of the RealShare/Jones Lang LaSalle’s Apartments Outlook 2012 Survey.
Affordable Seniors Housing Benefits from Unique Financing Transaction
A unique financing agreement recently allowed for the redevelopment of an affordable seniors housing community in San Francisco.
Los Angeles Student Housing Community Captures LEED Platinum
A new USC student housing community called West 27th Place has just realized a rare achievement among the nation’s student housing. It is one of only a few such housing developments to garner a LEED Platinum rating.
MiMA Condos Go Rental
The Related Cos. is putting 151 more residences at its development MiMA on the market as rental apartments, instead of the condos they were planned as under the name One MiMA Tower.
MHN Interview: Why the U.S. Multifamily Market Appeals to International Companies
Fabrizio Lucchese, CEO, Jaymor Group, discusses the benefits of his Canadian real estate company doing business in the United States.
Today's Deals: Archstone Partnership Acquires $42M Asset in Florida
An Archstone-sponsored partnership acquires a 252-unit community in Boca Raton; HFF arranges $37 million for a 326-unit development; and ARA executes the sale of rare site in Houston’s sought-after Galleria submarket.
Premier 940-Unit Apartment Portfolio Trades in Houston
The apartment market is bustling in metropolitan Houston, and investors recently came out in droves to lasso a three-property, Class A apartment portfolio marketed by ARA on behalf of a tenant-in-common seller.