Regions
Today's Deals: Kennedy Wilson and Partners Complete $54.2M Refinancing
Kennedy Wilson refinances a community in Oxnard, Calif.; TGM Associates purchases an apartment in Manassas, Va.; and IPA receives the exclusive listing rights for a property outside Baltimore.
Anaheim Apartment Complex Bags $30M Refi
Amberway Apartments in Anaheim has obtained a $30 million Freddie Mac loan to refinance existing debt.
Today’s Deals: UDR, KFH Complete $154 JV Acquisition
A joint venture acquires a 292-unit asset in Washington; Colliers sells two properties in Phoenix; and Essex Realty facilitates a $11.55 million sale in Skokie, Ill.
South Bend to Welcome New Senior Housing Development
Ground was recently broken on a new affordable housing community in the northern Indiana city of South Bend.
MARKET SNAPSHOT: Private-Employment Sector Grows, Strengthening Rental Demand in Salt Lake City
Salt Lake City employment expanded 1.8 percent in the first three quarters of 2011, with nearly 11,000 jobs added to the marketplace, which equates to a 2.3 percent increase in private sector employment. Additionally, Marcus & Millichap projects that an additional 14,000 jobs will be added in 2012.
Today's Deals: Behringer Harvard Acquires 345-Unit Asset in Memphis
Behringer Harvard grabs a large community in Memphis; Champion buys a property in Ohio; and Walker & Dunlop funds a $21 million loan for HAP, HOME property.
Survey Offers Good News for Multifamily Industry in '12
Cap rates are going to stabilize, interest rates will remain low and home ownership rates will continue to decline. These are the conclusions of the RealShare/Jones Lang LaSalle’s Apartments Outlook 2012 Survey.
Affordable Seniors Housing Benefits from Unique Financing Transaction
A unique financing agreement recently allowed for the redevelopment of an affordable seniors housing community in San Francisco.
Los Angeles Student Housing Community Captures LEED Platinum
A new USC student housing community called West 27th Place has just realized a rare achievement among the nation’s student housing. It is one of only a few such housing developments to garner a LEED Platinum rating.
MiMA Condos Go Rental
The Related Cos. is putting 151 more residences at its development MiMA on the market as rental apartments, instead of the condos they were planned as under the name One MiMA Tower.