Regions
Yardi Joins Forces with The Home Depot to Offer Clients More Purchasing Options and Full Purchasing Control
Yardi® clients can now easily access thousands of The Home Depot® products either in store or online with a click of a button via the online procurement system offered with Yardi Procure to Pay™, a fully automated end-to-end procurement and invoice processing platform.
TODAY’S DEALS: Cityscape Residential Secures $82M for Three Midwest Developments
Cityscape Residential to build 670 units after securing financing; and Huntington Bank provides $90 million for two Pittsburgh mixed-use projects.
Auction.com Adds Mindy Heppberger as Chief Legal Officer
Auction.com LLC, an online real estate marketplace, announced the appointment of Mindy Heppberger as executive vice president and chief legal officer.
Kaweah Management Company and The Pacific Companies Develop 47-Unit Affordable Housing Community in Central California
Kaweah Management Company and The Pacific Companies has developed The Aspens, a 47-unit affordable housing community in the Central California town of Tulare, made possible thanks to a $6.4 million low-income housing tax credit equity by WNC.
Economy Watch: New Home Sales Drop in July
Sales of new single-family houses in July 2014 were at an annualized rate of 412,000 units, according to the Census Bureau and HUD.
Operating Expenses Both Up, Down for Federally Subsidized Housing, Says IREM Study
According to a recent study published by IREM, operating expenses in 2013 compared with 2012 for various kinds of federally subsidized housing decreased in the case of some kinds of properties, but increased for others.
LeFrak, Kennedy Wilson Seeking Approval for Planned Hollywood Development
Developers LeFrak and Kennedy Wilson have announced plans for a 410-unit mixed-use high-rise development at the corner of Hollywood Boulevard and La Brea Avenue in Los Angeles.
TODAY’S DEALS: Bruckal Buys 436 Units in Phoenix
Colliers brokers the sale of a Class B asset in Phoenix; Berkshire Group acquires a Class A apartment community near Boston; and Berkadia secures $20.3 million for a property in Austin.
Grace Hill Announces Relationship with Investment Partner, The Riverside Company
Grace Hill Inc., a provider of online education and learning management solutions for the multifamily housing industry, has announced its relationship with investment partner, The Riverside Company, as the firm prepares to accelerate growth and introduce new training products and education services for multifamily housing professionals.
Construction Underway on McKinley’s Glencoe Oaks near Ann Arbor
Construction is underway on Glencoe Oaks, a luxury apartment community being developed by McKinley in Pittsfield Township, Mich., which feeds into the Ann Arbor school system.