Regions
NAA Conference Report: Social Media Marketing Fact and Fiction
New Orleans–60 percent of [American] companies have incorporated social media into their marketing strategies and 93 percent of companies believe they should have a social media presence.
DEAL OF THE DAY: Arbor Completes $9.5M Fannie Mae Refi Loan
Raleigh, N.C.–Arbor Commercial Funding LLC recently funded a $9,500,000 loan under the Fannie Mae DUS.
San Diego Highrise to Use Light-Gauge Steel as Support Structure
San Diego–Leeding Edge LLC, a joint venture of Em Johnson Interest Inc. and Avion Development LLC, has inked a deal with FrameMax to use light-gauge steel multifamily highrise project in downtown San Diego.
MyNewPlace Launches Guarantee Program
New Orleans–MyNewPlace has announced the first-ever $275 average cost-per-lease guarantee program for multifamily owner/operators at the National Apartment Association’s (NAA) Conference in New Orleans.
NAA Conference Report: How Good Is Your Property’s Crisis Management Plan?
New Orleans–Social media and SMS have become very important to crisis management communications plan.
Existing-Home Sales Expected to Drop Sharply Over Summer
Washington, D.C.–What a difference a year makes. Sales of existing homes–single-family, townhomes, condominiums and co-ops–has significantly outshone last year’s numbers.
DEAL OF THE DAY: Raymond James Tax Credit Funds Partners with Capital One Bank To Provide $13.8M for Houston Affordable Apartments
Houston–Raymond James Tax Credit Funds partnered with Capital One Bank to provide $13.8 million in housing tax credit equity.
State of the Nation’s Housing Report Sees Long-Term Growth for Rental Apartments
Washington, D.C.–The supply side of the U.S. apartment market is, for the moment, being pulled in different directions.
DEAL OF THE DAY: NorthMarq Arranges $6.6M in Permanent Financing for Apartments
Tulsa, Okla.–NorthMarq arranged permanent financing of $6,637,500 for the Summer Stone Duplexes.
Abode Communities Puts Finishing Touches on Affordable Housing in LA County
East Rancho Dominguez, Calif.–Casa Dominguez ribbon-cutting ceremony celebrates Los Angeles County affordable housing for young adults transitioning out of the foster system