Regions
DEAL OF THE DAY: Raymond James to Supply $12M in LIHTC Equity
Raymond James Tax Credit Funds says it will provide nearly $12 million in Low Income Housing Tax Credit (LIHTC) equity for the construction of a multi-family housing development located in Tuscaloosa, Ala.
MHN Interview with Ryan Dearborn: Equity in Good Shape, But Debt Still Suffering
Ryan Dearborn talks to MHN about the changes at Wood Partners
Significant Q1 Growth in the Bangkok Condo Market
The Bangkok condominium market experienced a significant turnaround in property values
Apartment Building with Construction Defects to Be Vacated, Dismantled
A Seattle apartment building in danger of structural failure
Apartment Fundamentals Attracting New Waves of Investors
The latest quarterly report by Apartment Realty Advisors on the direction of key indicators in 29 U.S. metro apartment markets shows some movements in some places-
DEAL OF THE DAY: Great Lakes Financial Completes $11.2M Financing for Seniors Preservation Project
Great Lakes Financial Group LP closed a preservation deal through the MSHDA Tax-Exempt Direct Loan Program with Longfellow Apartments, a 149-unit residential, active adult apartment building development for $3,874,000.
Woodfield Investments’ Apt. Communities One of First to Go Live on ApartmentGrade.com
The apartment community ratings site
Apartment Firms Cut Discretionary Technology Spend, But Boost Outsourcing Dollars, Survey Finds
Washingon, D.C.—Apartment firms have changed their IT spending habits in recent years, cutting spending on discretionary information technology (IT) projects, according to a just-released survey from the National Multi-Housing Council. The report, an update of a similar survey done in 2008, examines three aspects of IT spending: IT outsourcing (contracting with an outside firm to handle IT or a particular IT task); IT consultant spending (hiring an outside IT professional rather than using staffers); and discretionary spending on revenue- increasing IT investments, such as document management systems and lead tracking/lead management systems. The survey found that spending on discretionary projects…
Threat of A Doormen Strike Threatens Looms Over New York’s Apartment Owners
There is a chance that at midnight tomorrow, thousands of doormen, concierges and handymen working in New York’s buildings could go on strike.
A Rebound for South Florida Condos?
There may be signs of life yet for the south Florida condo market, so famously battered by unemployment, tight credit, overbuilding in some spots, and other slings and arrows of outrageous economic fortune.