Regions

Ground Breaks on $34.9M Homeless Veterans Housing Project

Los Angeles–For Los Angeles County’s homeless veterans, a much underserved population, a new option will soon sprout in the city of Inglewood.

DEAL OF THE DAY: NorthMarq Arranges $28.876M Freddie Mac Refi for Mixed-Use Property

Chicago– NorthMarq Capital’s Chicago office has arranged fixed-rate financing of $28.876 million for Pensacola Place.

SPECIAL REPORT: Multifamily Conditions are Showing Significant and Rapid Improvements Across the Board

Dallas–The environment for apartment development may be starting to appear attractive again.

Red Stone Partners Launches $250M Fund to Purchase MF Affordable Housing Bonds

New York–Red Stone Partners has just established a new $250 million investment fund for the acquisition of fixed rate tax-exempt multifamily housing bonds.

US Green Building Council to Study LEED-Certified Building Performance

Washington, D.C.–Applying for and winning LEED certification is one thing, but what happens during the long life of a building afterward?

DEAL OF THE DAY: Continental Realty Purchases Phoenix Apartments for $45.5M in Cash

Phoenix–Continental Realty Advisors (CRA) has acquired The Canyons Luxury Apartment Community.

Web Feature: How MF Communities Can Tap into Water Savings

New York–If efficient management techniques are applied to water consumed in multifamily buildings, the impact can be very powerful.

ARA Report: National Apartment Market is Looking Up–Finally

Atlanta–It appears the worst is over, according to the Apartment Realty Advisors’ (ARA) second quarter 2010 U.S. Apartment Market Update.

Multifamily Finance: A Tough Road, But Not Impossible

MHN recently spoke with Ryan Welsh, principal at Aries Multifamily, about the prospects for multifamily finance in the near- to mid-term.

DEAL OF THE DAY: CB Richard Ellis Brokers First Downtown San Diego Apartment Sale Since 2007

Security Properties Inc. paid $22 million for Entrada, a 172-unit apartment property located at 453 13th Street in downtown San Diego. The multifamily transaction is the first 100-unit apartment sale in downtown San Diego since March 2007, according to CB Richard Ellis.