Regions
AMCAL Multi-Housing Begins Construction on Hollywood Affordable Community
AMCAL Multi-Housing has just started construction on a 40-unit affordable property called The Argyle Apartments, a development in Hollywood, Calif.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 7.3 percent from one week earlier,according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 10, 2013.
RentPaidOnline™ Receives Yardi Voyager Qualification
RentPaidOnline (RPO) announced it has completed the “Yardi Voyager Qualification” process.
Extended-Stay Property Slated For Lake Charles, La.
Ground has been broken on a new Value Place extended-stay property in Lake Charles, La.
Economy Watch: Federal Deficit Shrinks
The Congressional Budget Office reported in its “Updated Budget Projections: Fiscal Years 2013 to 2023” that the federal budget deficit will shrink in fiscal 2013 to $642 billion, the smallest shortfall since 2008.
Jonathan D. Killough Joins Centerline Capital Group as Senior Vice President
Centerline Capital Group announced that Jon Killough has joined the firm as senior vice president in the Affordable Housing Debt division.
TODAY’S DEALS: TIAA-CREF Buys a 276-Unit Community in Burbank
IPA brokers a sale in California; Cohen Financial secures equity financing for a Miami condo development; and NorthMarq Capital arranges $40.5 million in Freddie Mac loans.
Harbor Group International Sells Multifamily Community for $34.4M
Harbor Group International LLC announced that affiliates of their company have sold a 696-unit community in Texas for $34.4 million to an affiliate of RB Associates.
Resmark Acquires Full Interest in Santa Clarita MF Property
Resmark Apartment Living, a division of the Resmark Cos., has acquired the interests of its former joint-venture partner Archstone in a new 157-unit multifamily community in Santa Clarita, Calif.
DelShah Capital LLC forms DelShah Lending
DelShah Capital LLC, a full-service real estate debt acquisition, development and management company, has formed DelShah Lending to originate short- and long-term hard money, bridge and mezzanine loans in New York City.