Regions
Dominium Management Services Hires Debbie Vail
Debbie Vail has been named regional manager of Dominium Management.
Condo Capital Solutions Purchases Condo Block, Set for More Fla. Purchases
Condo Capital Solutions has purchased the 53 remaining units at Bel Mare Condominiums at Riviera Dunes for an undisclosed price.
Multifamily Starts See Increase, For Now
According to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, homebuilding starts increased 2.8 percent in January 2010 to a seasonally adjusted annual rate of 591,000 units
Auctions May Help Unfreeze Condo Market
With sales of individual condominium units still slow on a nationwide basis, two executives that specialize in property auctions see a growing trend toward using auctions to sell a large amount of inventory in a short space of time.
Philadelphia Office Skyscraper is Now Luxury Condo
Aria, a condominium project on 1425 Locust St. in Philadelphia, was the city’s first high-rise office tower, formerly known as the Lewis Tower Building. I
DEAL OF THE DAY: Berkadia Originates $24,095,200 in FHA Financing at 4.63% Interest
McHenry, Ill. –Berkadia Commercial Mortgage LLC (Berkadia) originated two permanent, fixed-rate loans totaling $24,095,200 for multifamily properties in McHenry, Ill.
With Acquisition of Domin-8, RealPage Will Cater to Small, Medium-Sized and Affordable Housing Managers
RealPage has acquired Domin-8 Enterprise Software Solutions, enabling RealPage to reach more customers and broaden its offering to small and medium-sized property management firms and affordable housing owners and managers.
DEAL OF THE DAY: Deutsche Bank Berkshire Provides $20M Freddie Mac Capital Markets Financing for Acquisition
Orlando, Fla.–Deutsche Bank Berkshire Mortgage (DBBM) provided a $20 million loan for the acquisition of Venue Apartments, a 306-unit garden-style apartment community located in Orlando.
Survey Finds Apartment Market Conditions Largely Unchanged, but Bright Spots Appear
Apartment industry market conditions are mostly unchanged from three months ago, according to the National Multi Housing Council’s latest Quarterly Survey of Apartment Market Conditions. But two key metrics, sales volume and availability of equity financing, showed some signs of improvement.
Marcus & Millichap Sees Opportunity in Helping Beleaguered Borrowers
Debt might be weighing down the commercial real estate business, but that doesn’t mean there isn’t opportunity posed by the problem.