Regions
More Good Times Ahead for Multifamily in 2012
According to Grubb & Ellis Co.’s 2012 National Real Estate Forecast, additional growth is on tap for the U.S. multifamily sector this year, after a successful showing in 2011.
MARKET SNAPSHOT: 2012 Predictions Indicate that Class B Product Will Play Bigger Role
The multi-housing sector continues to be in the best shape of all real estate, affirmed panelists at a webinar, hosted by Humphreys & Partners Architects LP, yesterday.
IRS Issues "Repair Regulations," Multifamily Industry Now Has to Figure Them Out
There are new federal regulations regarding the tax treatment of costs incurred in acquiring, maintaining and improving tangible property, including multifamily buildings. The Internal Revenue Service issued temporary and proposed ruleson the matter just before Christmas–and now it’s up to members of the multifamily industry to figure out how they will affect their businesses.
TODAY'S DEALS: HFF Brokers Disposition, Closes Loan Sales
HFF brokers Chicago sale, closes loan sales; Tryko acquires a 163-unit asset in Pennsylvania; and Boston Capital Finance closes two rehab construction loans in Arkansas.
TODAY'S DEALS: EdR Acquires Student Asset for $28.5M
EdR acquires a property serving St. Louis University; Continental Realty Advisors purchases a 1,200-unit portfolio; and NorthMarq arranges a $19.1 million Freddie Mac mortgage.
Rosen Partners, Russian Conglomerate Join Forces on Joint Venture
New York-based Rosen Partners LLC is entering a joint venture with Alfa Group, one of Russia’s largest privately owned financial-industrial investment conglomerates.
Today's Deals: Colony Hills Capital Acquires First Asset
Colony Hills Capital acquires its first property; Campus Crest closes four construction loans; and Alliant Capital supplies a $11.8 million loan.
Serious Mortgage Delinquency Rate on the Downswing
Serious mortgage delinquencies for single-family homes and condominium units have been on a steady decline for the last 18 months.
Today's Deals: Post Properties Completes $184.7M Prepayment on MF Notes
Post Properties completes a prepayment on notes secured by six properties; and Senior Housing Properties announces a termination of 10 leases with Sunrise Senior Living.
Housing Property for Homeless Youth Completed in Detroit
Oakman Place Apartments, an affordable housing property for homeless youth and families, has opened its doors on Oakman Blvd. in Detroit.