Regions

TODAY’S DEALS: NorthMarq Capital Arranges $58M Bond Financing for Student Housing Located on University of Central Florida

NorthMarq Capital arranges financing for the seven-story NorthView Student Housing; a joint venture closes a construction loan for a luxury condo in Miami; and True North Capital Partners affiliate buys two properties in Massachusetts.

AMCAL, TRI Point Homes Break Ground on OC Affordable Housing

Ground has been broken on Oceana Apartments, a multifamily affordable housing development in the Orange County ocean-side city of Huntington Beach, Calif.

American Micro Detection Systems Adds Urban Meters & Readers Inc.

American Micro Detection Systems Inc announced that their water analysis products REXTM and ToxicAlertTM will now be marketed and sold through Urban Meters & Readers, Inc. serving the Southern California region of the United States.

New Projects Easing San Francisco Residential Inventory Woes

A number of new condominium developments slated for delivery this year may do much to address the residential inventory crunch the Golden Gate city is experiencing.

Economy Watch: Seniors Housing Builders More Optimistic

The state of the housing market’s been getting some worried attention lately but the National Association of Home Builders offered a small but hopeful note.

FRHI Announces Seven-Hotel Expansion in the MEAI Region

The MEAI region is set to see the development of seven new hotels operated by FRHI Hotels & Resorts, the company recently announced at the Arabian Travel Market.

TODAY’S DEALS: Newly Built San Antonio Property Trades Hands

The NPR Group sells a 300-unit asset in Houston to Pensam Capital; Carroll Organization and The Carlyle Group complete a Houston apartment disposition; and GFI fetches $175k per unit for a 53-unit apartment building in the Bronx, N.Y.

Home Properties Begins Major Energy Upgrade on NJ Property

Home Properties has hired Lapolla Industries Inc. to implement Lapolla’s Multi-Family Energy Savings Program at the REIT’s Jacob Ford Village in Morristown, N.J.

NWP Joins the Expanding MRI Partner Connect Network

NWP Services Corporation, a nationwide leader in resident utility billing, energy management and submetering services to the multifamily industry focusing on optimizing their clients’ utility spend, is the latest addition to the prestigious MRI Partner Connect program.

HUD and Fannie Mae Announce Expansion of Green Preservation Plus

Fannie Mae, with support from the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA), today announced the expansion of Green Preservation Plus.