Regions
Existing-Home Sales Expected to Drop Sharply Over Summer
Washington, D.C.–What a difference a year makes. Sales of existing homes–single-family, townhomes, condominiums and co-ops–has significantly outshone last year’s numbers.
DEAL OF THE DAY: Raymond James Tax Credit Funds Partners with Capital One Bank To Provide $13.8M for Houston Affordable Apartments
Houston–Raymond James Tax Credit Funds partnered with Capital One Bank to provide $13.8 million in housing tax credit equity.
State of the Nation’s Housing Report Sees Long-Term Growth for Rental Apartments
Washington, D.C.–The supply side of the U.S. apartment market is, for the moment, being pulled in different directions.
DEAL OF THE DAY: NorthMarq Arranges $6.6M in Permanent Financing for Apartments
Tulsa, Okla.–NorthMarq arranged permanent financing of $6,637,500 for the Summer Stone Duplexes.
Abode Communities Puts Finishing Touches on Affordable Housing in LA County
East Rancho Dominguez, Calif.–Casa Dominguez ribbon-cutting ceremony celebrates Los Angeles County affordable housing for young adults transitioning out of the foster system
RealPage Acquires eREI
Carrolton, Texas–eREI is the maker of on-demand Lead2Lease customer relationship management (CRM) system.
Christy Freeland To Retire as Chairman of Riverstone Residential Group
Dallas–Freeland was one of the founders of Riverstone in 2006.
Ground Breaks on Unique Affordable Seniors Project in South L.A.
Compton, Calif.–The community will be home to financially challenged elderly residents with physical disabilities.
Washington Green Communities Retrofit Loan Fund Launched
Olympia, Wash.–The goal of the fund is to encourage the addition of sustainable features.
DEAL OF THE DAY: Marcus & Millichap’s Special Asset Services Brokers $25.5M Whole Loan Sale in Bergen County, N.J.
Elmwood Park, N.J.–It is a four-property garden-style apartment portfolio.