Regions
MARKET SNAPSHOT: Fort Carson Expansion to Bring Jobs, Rental Occupancy to Colorado Springs
Fort Carson, a 137,000-acre U.S. Army Base in Colorado Springs, will see the addition of a 2,700-soldier aviation brigade by 2013, raising the total GI population of the base to around 30,000, according to Hendricks & Partners.
TODAY'S DEALS: NorthMarq’s New Jersey Office Closes $158M Loan Package
NorthMarq’s New Jersey office closes a Freddie Mac CME loan package; HFF closes the sale of a value-add property; and Oculus Capital announces the second phase of a student housing development.
Manhattan Successfully Lures Renters to Luxury Buildings
The Continental, a new luxury building in New York, is already fully leased.
Overseas Buyer Influx Continues to Pump Up Miami Market
The reinvigoration of for-sale multifamily housing continues apace in certain markets, such as greater Miami, which is popular not only among U.S. citizens but also overseas investors.
NMHC Survey Shows Two Continuous Years of Growth for Multifamily
The latest Quarterly Survey of Apartment Market Conditions from the Washington, D.C.-based National Multi Housing Council indicates that improving market conditions continue to be an advantage for the multifamily industry.
Behringer Harvard Begins Second Phase of Metro Dallas Apartment Property
Behringer Harvard has broken ground on Allegro II, the second phase of a multifamily rental property the company acquired in December 2010.
TODAY'S DEALS: Boston Capital Closes Tax Credit Fund
Boston Capital closes a $350 million fund, acquires 53 affordable communities; Holliday Fenoglio Fowler lands a marketing contract in Sacramento.
Investors Circle Over Mixed-Use Chicago Apartment Tower
The right value-add assets in key locations are high on the radar of attracting buyers, as evidenced by investors’ response to downtown Chicago’s River North Park, a 399-unit mixed-use apartment property.
Study Links Troubled NYC Multifamily Housing and Risk of Deterioration of Nearby Buildings
A new study reveals that over-mortgaged and foreclosed multifamily buildings increase the risk of deterioration of nearby buildings and raise costs to New York City private owners.
Closings Begin at Luxury Condominiums
Closings have already begun at The Residences at W Atlanta Downtown, which re-launched several months ago. Buyers include cash purchasers, plus end-users and people buying second homes.