Regions
DEAL OF THE DAY: Hendricks & Partners Oversees $1.7M Sale by Bankruptcy Trustee
Glendale, Ariz.- Hendricks & Partners participated the sale of The Courtyards Apartments, located at 6502 West Olive Avenue in Glendale, Ariz. The 108-unit apartment community was sold for $1,700,000.
NYC Doormen Receive Concierge Training at the Waldorf
New York–What does it take to be a better New York City doorman?
DEALS OF THE DAY: Waterton Buys $109.5M in Debt Backed by 4 Assets in North Carolina, California
Chicago– Waterton Residential has acquired $109.5 million of debt secured by four prime multifamily properties located in North Carolina and California.
Wyoming’s Casper College Signs Modular Builder for New $23.5M Student Housing Project
Casper, Wyo.–Casper College in Casper, Wyo., has decided to go modular for its latest student housing project.
State of New Orleans Housing Stock Since Katrina
New Orleans–In the five years since Hurricane Katrina struck the Gulf coast, the New Orleans metropolitan area lost 75,000 housing units or nearly 13 percent of its housing stock.
D.C. Condo Project Nears Completion; Mostly Sold
Washington, D.C.–In a show of good sales in a condo market that isn’t seeing the strongest of times, the Harrison, a 49-unit project in the Friendship Heights area of the District, reports that it has sold 70 percent of its residences.
Construction Kicks Off on $14.5M Affordable Seniors Housing Project in Baltimore Area
Brooklyn Park, Md.–In an effort to help answer the growing call for affordable seniors housing, Enterprise Homes Inc. is commencing construction of The Greens at Hammonds Lane, a 90-unit apartment community in Brooklyn Park, Md.
DEAL OF THE DAY: Charles Dunn Closes on $6.35M Sale of Small Apt. Property
Westwood, Calif.–Hamid Soroudi and Ramin Gheitanchi of Charles Dunn Company’s West Los Angeles office recently closed a 24-unit luxury apartment for $6.35 million.
Web Feature: How to Stage a Model Apartment Unit?
New York–One of the first things prospective residents like to see in a property is the model units. They look at models to picture themselves living in the apartment or to figure out if their furniture will fit in a unit at the property.
Leading Chinese Multifamily Developer Reports Spike in Prices, Income
Beijing–Unlike much of the rest of the world, China still has a famously get-up-and-go residential property market.