Regions
Economy Watch: Freddie Mac in the Black
Freddie Mac reported that it had a net income of $4.6 billion for the first quarter of 2013, compared to a net income of $4.5 billion for the fourth quarter of 2012.
TODAY’S DEALS: HFF Arranges $150M for Manhattan High-Rise
HFF announced that it has arranged $150 million in financing for the Madison Belvedere, a 50-story, 404-unit, Class A multi-housing property near Manhattan’s Madison Square Park; and Walker & Dunlop provides a $53 million Freddie Mac loan for a mixed-use property
Economy Watch: Home Prices Continue Upward Trajectory
More evidence that the housing market is in recovery mode.
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.