Regions

B.H. Properties Acquires Terrace Park Apartments in Phoenix

Los Angeles-based commercial real estate investment firm B.H. Properties LLC has purchased Terrace Park Apartments in Phoenix.

SoCal Master Planned Community Trades Hands

Toscana, a 960-acre site of a master planned community south of the city of Corona in Riverside County, Calif., has traded hands. The plan for the site calls for a mix of single-family and multifamily residences.

TODAY’S DEALS: Carroll Organization Acquires Properties in Florida, Georgia and Tennessee for $102.5M

Carroll Organization, along with investment partner NorthStar Realty Finance Corp., has acquired four multifamily properties; and BH Properties purchases a Phoenix property for $6.2 million.

The Residences at W Atlanta-Downtown Sees Condo Sales Spike

Benefitting from a spring sales surge, The Residences at W Atlanta—Downtown is now 40 percent sold.

NWP Receives PCI Level 1 Certification

NWP Services Corporation announced it has been validated as compliant with the Payment Card Industry Data Security Standard (PCI DSS) as a Level 1 service provider for the fourth consecutive year.

RUPCO Develops Affordable Housing Community in Woodstock

Rural Ulster Preservation Company has developed Woodstock Commons, a 12-building, 53-unit affordable housing community for families and seniors in Woodstock, N.Y., marking it the first new affordable housing in the area in more than 30 years.

Consumers Tip Scales of Home Price Change Expectations

More than half of Americans now expect the country’s home prices to climb within the next year, illustrating a growing optimism toward the health of the housing industry.

MBA Announces Appointment of Margaret A. Colon as Chief Administrative Officer

David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), announced the appointment of Margaret A. Colon to be MBA’s new chief administrative officer, effective immediately.

Corvias Group Promotes Sara Ortleb to Assistant General Counsel

Corvias Group announced the promotion of Sara Ortleb to assistant general counsel from associate counsel as a recognition of her hard work and vital role in the legal department.

Economy Watch: Mortgage Delinquencies Continue to Edge Down

Lender Processing Services said that 6.59 percent of U.S. residential mortgages were delinquent in March, down from 6.8 percent in February.