Regions
DEAL OF THE DAY: Deutsche Bank Berkshire Closes $17.8M Construction/Permanent Financing for Garden-Style Apartments
Deutsche Bank Berkshire Mortgage (DBBM) arranged a $17.8 million Federal Housing Administration (FHA)-insured loan for the construction of Callis Hills Apartments, a proposed 210-unit garden-style multifamily community in Lebanon, Tenn.
30 Condos Hit the Auction Block in Suburban N.J.
A total of 30 condominium residences located in East Orange, N.J. will be offered at a developer close out auction on April 18th by Sheldon Good & Co.
We Push Our Rents As Much As We Can
Debbie Vail, regional manager of Dominium Management Services, talks to MHN about the challenges she faces and why she believes a focus on customer service is key to the success of the company.
Southern California Architecture Firm Sees Business Increase
Economists in the U.S. look almost daily for the so-called “green shoots” that could signal a sustained economic recovery.
DEAL OF THE DAY: Marcus & Millichap Arranges Speedy Sale of 8-Unit Apartment Property for $890,000
Rick Raymundo, Elliot Hassan, and Mike Hanassab of Marcus & Millichap Real Estate Investment Services facilitated the sale of an eight-unit apartment property in North Hollywood, Calif. The sales price of $890,000 represents a value of $111,250 per unit.
Illinois Launches Affordable Housing Preservation Initiative
The Illinois Housing Development Authority (IHDA) has launched a statewide initiative to preserve affordable rental homes in Illinois.
Owners, Managers Can Now Outsource Revenue Management to YieldStar
Property owners and managers often want to utilize revenue management without having to incur the costs and staffing to support it within their company.
Walker & Dunlop Achieves Freddie Mac Status in New York Metro Area
Freddie Mac has approved Walker & Dunlop as a Program Plus Seller/Servicer in the New York metropolitan region.
Condo Sales Rise Since Last January: NAR
Sales of existing condominiums and co-ops slid 8.1 percent to an annualized rate of 620,000 in January, according to the National Association of Realtors, down from 675,000 in December.
New Harlem Co-Op Opens Doors to Residents
Resident move ins have begun at Ellington on the Park, a new cooperative building in Harlem. The Ellington features 133 homes, and also includes 3,420 square feet of ground floor retail space, a gym, a courtyard, and a 31-car underground parking garage.