Regions
Sacramento Affordable Housing Community Receives Grant for Green Upgrades
Mutual Housing California has been awarded a $5,000 grant from the Bank of Sacramento in order to make green renovations at Greenway Village Mutual Housing Community, a 54-unit affordable housing community located in South Sacramento, Calif.
TODAY’S DEALS: MIG Snaps Up 168-Units in Denver
ARA brokers an apartment sale outside Denver; San Antonio Commercial Advisors completes a value-add transaction in San Antonio; and Bernard Financial arranges a $5.2 million loan.
Cypress Landing Affordable Apartments Reopen in Shreveport
Cypress Landing, formerly known as University Oaks I and II, has received a “grand reopening” in Shreveport, La.
Economy Watch: Consumers Feeling Better About Current Conditions, Outlook
The preliminary Reuters/University of Michigan consumer sentiment index for April came in at 82.6, according to the university, an increase from 80.0 at the end of March, and 79.9 in mid-March. The latest reading is the highest since last summer.
PROFILE: Corporate Housing Firm Connects Luxury Condo Owners to Extended-Stay Market in New York City
Companies today are eager to hire temporary workers. And that is a boon for the corporate housing sector, says Suzanne Miller, president of Empire State Properties.
TODAY’S DEALS: Cohen Financial Arranges $2.2M Life Company Loan for Michigan Property
Cohen Financial secures a $2.2 million refinance for The Abbey Apartments; and Boston Capital invests in an affordable multifamily community.
Bijou Properties, Intercontinental Break Ground on New Development
Ground has broken on an $83 million luxury multifamily project in Hoboken, N.J., via a joint venture between Bijou Properties and Intercontinental Real Estate Corp. The project, 900 Monroe, is located next to the 9th Street Light Rail Station.
Leasing Starts at Naftali Group Apartments in Brooklyn
Leasing has started at the Bergen, an 84-unit apartment community at 316 Bergen Street in Boerum Hill neighborhood of Brooklyn.
Campus Advantage on Growth Spurt With Five Acquisitions This Year
Campus Advantage has acquired five additional student housing properties since the beginning of this year, helping solidify the Austin-based company’s already significant standing in the nation’s student-housing industry.
SyndicIT Announces Expanded Offerings with Hewlett-Packard’s Managed Print Services and HP FLOW CM Digital Document Management for Multifamily Real Estate Operations
SyndicIT Services today announced an expansion of its product offering for multifamily real estate owners, operators and fee managers.