Regions
NAHB Says Condo Market Shows Improvement
The National Association of Home Builders announced that the Multifamily Production Index, or MPI, reached its highest rating since the third quarter of 2005.
MHN Interview: Why Now Is a Good Time for Multifamily Acquisitions
MHN speaks with W. Dean Henry, president of Legacy Partners Residential, about why now is the best time for multifamily acquisitions.
TODAY'S DEALS: Beech Street Refinances Alabama Asset
Beech Street closes a $25 million Freddie Mac CME loan for a Mobile, Ala., asset; The Bascom Group acquires two properties in California for $18.7 million; and Pearlmark Real Estate closes a $6.2 million mez loan for a new construction project.
Work Begins on Affordable Seniors Housing in Baltimore
Enterprise Homes has broken ground on the Greens at Irvington Mews, a 100-unit affordable housing development in Baltimore.
AVR Homebuilders Captures Prestigious Energy Star Award
AVR Homebuilders, a division of AVR Realty Company LLC, was one of two residential developers in the United States to be awarded a 2012 Energy Star Partner of the Year-New Home Builder award by the U.S. Environmental Protection Agency.
MHN Interview: Rose Associates’ Unique Approach to Developing The Sheffield
MHN talks to Jack Levy of Rose Associates, who explains why, unlike with most buildings, The Sheffield’s amenities were developed last.
TODAY'S DEALS: Kennedy Wilson Lands Bay Area Asset
Kennedy Wilson acquires a 544-unit asset in the Bay Area; Marcus & Millichap arrange a 152-unit Class A sale in central Texas; and the Bruckal Group acquires a condo conversion in Tempe, Ariz.
Company Capitalizing on Short Supply of Apartments in Tennessee
Jacksonville-based LandSouth Construction has broken ground on the Integra Hills Luxury Apartments, a $19 million project in Chattanooga.
Land for Denver Affordable Rental Sold by Urban Land Conservancy
A mixed-use, transit-oriented development featuring 50 workforce-housing apartments will be coming soon to Denver.
TODAY'S DEALS: Praedium, Grubb Acquire Charlotte Asset
The Praedium Group and Grubb Properties buy a 456-unit community; IRET acquires two properties in Lincoln, Neb.; and NorthMarq Capital arranges a seven-year, $26.4 million mortgage through Freddie Mac.