Regions
Manhattan Residential Market Slowly Climbing Out of Recession
New York–The average Manhattan apartment sale price of $1,377,135 was up slightly from last quarter.
DEAL OF THE DAY: Hendricks & Partners Helps Bank of America Sell Michigan REO Portfolio
Detroit–Hendricks & Partners has completed the sale of the Greenfield Portfolio, located in Detroit.
Bainbridge Announces Plans for a 200-Unit Luxury Apartment Project in Suburban D.C.
Washington, D.C.–The company has secured Restis Group as an equity partner on the project.
DEAL OF THE DAY: Arbor Closes $22M Fannie Mae DUS Loan for Apartment Complex
Arbor Commercial Funding LLC announced the recent funding of a $22,000,000 loan under the Fannie Mae DUS product line for the 302-unit complex known as Brook Arbor Apartments in Cary, N.C.
Science and Psychology of Leasing: Tips from Lisa Trosien
New Orleans–When a prospect walks into your leasing center, does it resonate with positivity?
RE Debt Management More Critical Than Before: Survey
Needham, Mass.–Debt management has become an even greater burden for the respondents.
Affordable Housing Proves to be Engine for Local Economic Improvement in NYC
New York–The economic benefits of affordable housing, beyond the provision of much-needed low-cost apartment residences, is threefold.
New Submetering Solution Features Meter Data Retrieval, Faster billing
New Orleans–The submetering solution provides property managers with a strong ROI and encourages residents to conserve water.
DEAL OF THE DAY: HFF secures $23.13M Refi Loan for AMLI
Dallas–HFF has secured $23.13 million in financing for AMLI at Bryan Place.
SF Condo Market Sees Dwindling Supply
San Francisco–The recession greatly slowed the development of for-sale condominium housing in San Francisco.