Regions
Demand Perks Up, Ground Breaks on Phase Two of Palmer Hill Condos
Stamford, Conn.–Buyers do not appear to be dissuaded by the price tags attached to the Palmer Hill residences.
GUEST COLUMN: Automated Recoveries Key for Efficient, Effective Lease Administration
Technology has evolved to allow for integrated, automated expense recovery systems.
Fannie, Freddie Booted Off New York Stock Exchange
Washington, D.C.–As of early July, mortgage giants Fannie Mae and Freddie Mac will no longer trade on the NYSE.
Affordable Apt. Community to Break Ground in Escondido, Calif.
Escondido, Calif.–The apartment community will be built in a neighborhood plagued by street gangs, drugs.
DEAL OF THE DAY: Hendricks & Partners Helps Sell Family Property for $1.555M
Denver, Colo.–Hendricks & Partners executed the sale of The McFee, located at 60 Corona Street in Denver, Colo.
Gus Poulopoulos Joins NAI Global’s NYC Office as Executive MD
New York–Gus Poulopoulos has joined NAI Global’s New York City office as executive managing director for corporate services. Before joining NAI, Poulopoulos was a founding partner at United Systems Integrators Corp. (USI) in 1991. In 2005, Poulopoulos and his partners sold USI to Johnson Controls, where he continued to serve as a vice president responsible for real estate delivery.
MARKET SNAPSHOT: New Orleans Transaction Market Should Pick Up in 2011
New Orleans–With an influx of apartment professionals next week for NAA’s annual Conference & Exposition.
Multifamily Starts Show Monthly Surge, Annual Decline
Washington, D.C.–New multifamily units started nationwide in May were at an annualized rate of 112,000 in May.
U.S. Conference of Mayors Embrace Green Building Agenda
Oklahoma City–The U.S. Conference of Mayors has embraced a green building policy agenda.
DEAL OF THE DAY: Two Communities Sold for $10.7M
Harrisburg, Pa–The Kislak Company Inc. has completed two multifamily transactions totaling nearly $10.7 million.