Regions
Escondido Workforce Housing Completed
The Crossings at Escondido in San Diego County offers workforce housing to tenants earning between 30 percent and 60 percent of area median income.
Boston Capital Announces Investment in Affordable Housing
Quality of life for low-income families in Virginia stands to be boosted as a result of new investment by the largest owner of apartments in the United States.
TODAY’S DEALS: Marcus & Millichap Arranges $32.5M Inland Empire Sale
Marcus & Millichap sells a 304-unit community in Riverside, Calif.; Chestnut Hill Realty buys a $24.8 million portfolio in Cambridge, Mass.; and Walker & Dunlop LLC closes 40-year HUD loan at 4.63 percent interest.
Trump Name to Grace $150M Residential High-Rise in Manila
New upscale condo skyscraper is on track for the Philippines. High-end housing in Manila is becoming a coveted market for both investors and homebuyers.
MARKET SNAPSHOT: East Bay Vacancy Declines, Planning Pipeline Expands
Oakland, Calif.–Vacancy in the East Bay is projected to reach levels seen three years ago, according to Marcus & Millichap’s third quarter 2011 Apartment Research Market Update.
Train-Adjacent Apartments Put Commuters at Ease
Commuting is sure to be a breeze for residents of Harrison Station, a new rental community in New Jersey–after all, the luxury apartments are located right next to the Harrison PATH station.
TODAY’S DEALS: HFF Arranges Financing for 224-Unit Acquisition
HFF arranges acquisition financing for a 224-unit community in Tampa, Fla.; Dome Equities LLC acquires a 208-unit property in Kansas; and NorthMarq Capital arranges a $14.5 million mortgage via MetLife.
CRP at Work on Five Mid-Atlantic Apartment Properties
Chesapeake Realty Partners has started work on the development of five apartment properties in Maryland, Virginia and Pennsylvania. All together, the developments will total 1,260 residences and cost about $186.5 million.
Fortunes Point Up for Future Residents of Northwoods Apartments
The initial phase of 28 one- and two-bedroom garden-style apartment homes at Northwoods, a new apartment community in the Hudson Valley town of Wallkill, will be available for rent this winter.
Obama’s Proposed Carried Interest Tax Potentially ‘Devastating’ for Multifamily
Could job creation come at the expense of multifamily owners? The proposed carried interest tax could theoretically cripple the multifamily industry.