Regions
Top 10 Tips for Acquiring Distressed Multifamily Properties
It is a great time to buy distressed apartment properties. That is, if you can find them, get them at the right price and effectively manage and lease them.
Every Dog Has its Day with Opening of Wag Club
Man’s best friend has a brand new friend. It’s Wag Club, a new doggy daycare center that opened Oct. 20 at One Brooklyn Bridge Park, the only residential development situated within the recently unveiled 85-acre Brooklyn Bridge Park.
ULI Report: Capital Markets Executive Recommends ‘Patience’
“Be patient” was the advice of executives opening day two of the ULI Fall Meeting. With the economy’s direction tough to predict right now but in their opinion unlikely to take a second dip into recession, waiting out the volatility will bear fruit.
MHN Interview: Michael Ytterberg of BLT Architects Takes on Cramped Apartments
Michael R. Ytterberg, principal, BLT Architects, speaks with MHN on the firm’s recent projects, and shares insight on maximizing space in an apartment.
TODAY’S DEALS: HFF Secures $15M for Community in Spokane
HFF secures $15 million in financing for a 256-unit property in Spokane, Wash.; Walker & Dunclop closes a $50.5 million Freddie Mac CME loan; and Red Mortgage Capital completes a $19.9 million financing for three seniors communities in northern-central Ohio.
Professor Greens Buildings With Lichens
There are many ways that a large building, including a multifamily structure, can go green. A Rutgers-Camden professor is at work on a new way to green buildings–both figuratively and quite literally–that involves lichen.
MARKET SNAPSHOT: Kansas City’s Predictability Leads Investment Interest to Double
Kansas City, Mo.–Investment interest in the Kansas City metro has nearly doubled, reports Mac Crowther, principal in ARA’s (Apartment Realty Advisors) Kansas City, Mo. office.
Washington, D.C., is Top Investor Choice Again as Tough 2011 Looms: PwC/ULI Survey
In football terms, 2012 promises yet another grinding year of “three yards and a cloud of dust,” according to the annual Emerging Trends forecast from PwC and the Urban Land Institute, which was released Wednesday morning.
Today’s Deals: Hartz Acquires Two Communities in N.J.
CBRE facilitates the acquisition of two communities for Hartz; Behringer Harvard buys a 280-unit property near Fort Lauderdale, Fla.; and Meridian negotiates $46.1 million in financing for multifamily, co-op properties.
NLHA Education Fund Receives Aimco Donation
Aimco has donated $146,000 to the National Leased Housing Association Education Fund to provide higher education tuition assistance to students who live in subsidized housing.