Regions
MBA SPECIAL REPORT: Commercial Real Estate Market Operating at Peak Levels
On several key metrics, the commercial real estate industry is operating at peak levels and breaking all-time records even as the U.S. economic recovery is gathering steam.
TODAY’S DEALS: Wood Partners JV Kicks Off Phoenix Repositioning
Wood Partners and Apartment Realty Advisors buy 350 units in Phoenix; Resource Real Estate nets $2.7 million profit in a Houston sale; and Thomas Bradford Communities makes a value-add move in Mesa.
From Retail to Multifamily: Woolworth Converted to Mixed-Use Building
First Niagara’s Commercial Real Estate Group provided a $4.35 million construction loan to North to South Development for the renovation and conversion of the former Woolworth Store building on East Main Street in Riverhead, N.Y., into 19 affordable rental apartments and ground-level retail.
Economy Watch: Real Estate Could Be Affected By Lower Job Numbers
The Bureau of Labor Statistics is going to release its monthly employment numbers, and while monthly reports contain a certain amount of noise, the real estate industry pays attention—as it should.
Gary Hofstetter New SVP of The Davis Companies
Gary Hofstetter is joining The Davis Companies as senior vice president of asset management. A
HDP to Rehab San Diego Seniors Housing Property
Housing Development Partners, a nonprofit affiliate of the San Diego Housing Commission (SDHC), is undertaking the rehabilitation of San Diego Square.
Fannie Mae and Its Lenders Finance $28.9 Billion in 2014
Fannie Mae provided the multifamily market with $28.9 billion in financing in 2014, working with finance partners to finance 446,000 units of multifamily housing.
Majority of U.S. Homes Qualify For Down Payment Help
RealtyTrac found that 87 percent of all U.S. single-family homes and condos would qualify for a local down payment program based on the maximum price requirements for those programs and the estimated value of the properties.
TODAY’S DEALS: Griffis Residential Bullish on Boulder
Fairfield Residiential affiliate completes Boulder County sale; NorthMarq arranges $14.7 million for a Jacksonville buy; and Grandbridge closes $6 million for a Dallas seniors acquisition.
Inside Smyrna’s First New Rental Property in 20 Years
Leasing has begun at Avonlea Square, the first new apartment community to be unveiled within the city limits of Smyrna, Ga., in more than two decades.