Regions
Townhome Community Sees Increase in Prices, Sales in 2010
Barnegat, N.J.–Whispering Hills, an 85-acre multifamily community in Barnegat, N.J., is now 45 percent sold.
MARKET SNAPSHOT: Rental and Occupancy Increases Expected for the Queen City
Charlotte, N.C.—While vacancies in Charlotte, N.C. apartments hit an all-time high of 13.6 percent in March 2010, communities have seen an increase in traffic over the last 60 to 90 days.
San Francisco’s Arterra Condos Sell Out Despite Hard Times
San Francisco–Arterra, the first LEED silver residential high-rise in the city, has completely sold out.
Pending Home Sales Increase May Signal Growing Confidence in Economy
Washington, D.C.–Pending home sales are at the highest level since last October.
Tax Expert, Capitol Hill Veteran Matthew Berger Joins NMHC Lobbying Team
Washington, D.C.–Matthew M. Berger has been named vice president of tax for the National Multi Housing Council (NMHC). Berger will have principal responsibility for federal tax legislation as part of the Joint Legislative Program of NMHC and the National Apartment Association (NAA). Berger brings extensive public and private sector experience to the position. Most recently, he served as economist and press secretary for the U.S. Senate Committee on small business and entrepreneurship, where he was Senator Olympia Snowe’s principal advisor on taxes, the economy and the federal budget. Prior to that he was National Tax Manager for Deloitte Tax LLP in Washington,…
MF Owners Eye Car-Charging Stations With Interest
A handful of multifamily properties have already installed charging stations for cars.
Vintage Senior Living Opens Eight-Story Tower in Burbank
Vintage Senior Living has opened its 22nd location in Burbank.
Harlem Affordable Housing Development Uses CPC Loan for Green Retrofit Program
The retrofit project should be completed within a year, but could take less time.
DEAL OF THE DAY: Hendricks & Partners Closes on $4.6M Sale
Hendricks & Partners brokered the $4,600,000 sale of the 268-unit Alpine Lake, located at 665 North Alpine Lake Drive.
Mary Alex Blanton Receives NCB’s 2010 Spirit of Cooperation Award
Washington, D.C.–NCB has named Mary Alex Blanton as the 2010 recipient of NCB Spirit of Cooperation Award. The honor was presented to Mary Alex at the Bank’s annual meeting held at The Ronald Reagan Building and International Trade Center in Washington, D.C. “Blanton’s contributions to the bank and the cooperative community for over a decade are countless,” says Charles Snyder, president and CEO of National Cooperative Bank. “She has played an instrumental role in the development and marketing of numerous new products, most recently the National Credit Union Foundation deposit program and Mission Deposits, which provide beneficial banking options for…