Regions
Germany’s Passive House Standard Gains Momentum?
Dresden/Darmstadt, GERMANY–The Passive House standard was conceived in Germany.
DEAL OF THE DAY: HFF Arranges $18M Financing for Manufactured Housing Community
San Diego–HFF (Holliday Fenoglio Fowler LP) has arranged $18 million in financing for The Highlands.
Sheldon Good & Company to Auction Six New Jersey Apartment Buildings
New York–The assets are being sold as part of the Chapter 11 bankruptcy of select rental complexes.
Berkadia Commercial Mortgage’s Mike Bryant to Serve on Freddie Mac Advisory Council
Dallas–Senior vice president/branch manager Mike Bryant of Berkadia Commercial Mortgage’s Dallas office, has joined the Freddie Mac Program Plus Advisory Council for a two-year term. The advisory council members work as advisors to Freddie Mac on market issues, programs and process issues. Bryant has 30 years of real estate experience and has originated more than $1 billion in commercial real estate loans over the past six years. A specialist in multifamily real estate finance, Bryant is a top originator of loans through Berkadia’s Freddie Mac and Fannie Mae programs. “With his extensive multifamily finance experience, Bryant will be a great…
Economic Recovery Is Taking Strong Roots in Inner Cities
James Brooks talks about what the Inner City 100 recognition means to the company and why he thinks cities are powerful economic engines.
Apartment Downturn Still Not Over but Prospects for Multifamily REITs are Improving, Says Moody’s Report
Multifamily performance over the next few quarter may experience some turbulence, according to analysis by Moody’s Investor Services.
Robbinsville Town Center Receives N.J. Future Smart Growth Award
Newark, N.J.–Building pedestrian-friendly communities in auto-centric New Jersey can be difficult.
DEAL OF THE DAY: NorthMarq Arranges $7.6M Mortgage via AmeriSphere Affiliate
Richfield, Minn.–NorthMarq Capital’s Minneapolis regional office arranged first mortgage financing of $7.6 million for The Oaks on Pleasant.
NWP Services to Introduce Next Gen Utility Management Offering at NAA 2010 Conference
Irvine, Calif.–NWP Services Corp. (NWP) will introduce its next generation utility management offering, UtilitySmart, at the National Apartment Association’s (NAA) Annual Education Conference and Exposition on June 24-26 in New Orleans, La. “UtilitySmart is an all-new utility management suite of products that wholly targets one of multifamily properties’ largest operating expenses: utilities,” says Michael Radice, president and CEO of NWP Services Corporation. “With it, owners and operators can effectively control, manage and plan utility spend with precision, and as a result, gain measurable increases in Funds from Operations (FFO), Net Operating Income (NOI) and asset value of their properties,” Radice…
REIT Week 2010: Economic Outlook Optimistic, Except For When It’s Not
Chicago–If the recession is indeed over, what will GDP growth and the unemployment picture be going forward?