Regions
Ground Breaks on Unique Affordable Seniors Project in South L.A.
Compton, Calif.–The community will be home to financially challenged elderly residents with physical disabilities.
Washington Green Communities Retrofit Loan Fund Launched
Olympia, Wash.–The goal of the fund is to encourage the addition of sustainable features.
DEAL OF THE DAY: Marcus & Millichap’s Special Asset Services Brokers $25.5M Whole Loan Sale in Bergen County, N.J.
Elmwood Park, N.J.–It is a four-property garden-style apartment portfolio.
Deadline for MHN Awards has been extended to July 8!
Finalists will be announced in August and winners will be published in Multi-Housing News Magazine and MHN Online Daily.
Take the MHN Survey: How did the homebuyer tax credit program affect your portfolio?
Did you lose residents who left to purchase homes or are you losing fewer residents now that it has expired.
DEAL OF THE DAY: ARA Brokers Sale of Apts. to Private Investor
College Station, Texas–ARA has arranged the sale of the 237-unit Polo Club Apartments.
Enterprise Names Robert Grossinger Vice President, National Foreclosure Response
Columbia, Md.– Robert Grossinger will join Enterprise Community Partners, Inc as vice president for national foreclosure response. Grossinger joins the company from Bank of America, where he was senior vice president in the corporate social responsibility group overseeing the bank’s neighborhood stabilization efforts, including its Real Estate Owned sales to Neighborhood Stabilization Program (NSP) recipients. As vice president for national foreclosure response, Grossinger will work with a broad set of partners to provide thought leadership on an appropriate response to the foreclosure crisis as well as identify opportunities for earlier intervention prior to foreclosure. He will oversee the implementation of…
Demand Perks Up, Ground Breaks on Phase Two of Palmer Hill Condos
Stamford, Conn.–Buyers do not appear to be dissuaded by the price tags attached to the Palmer Hill residences.
GUEST COLUMN: Automated Recoveries Key for Efficient, Effective Lease Administration
Technology has evolved to allow for integrated, automated expense recovery systems.