Regions
MF Owners Eye Car-Charging Stations With Interest
A handful of multifamily properties have already installed charging stations for cars.
Vintage Senior Living Opens Eight-Story Tower in Burbank
Vintage Senior Living has opened its 22nd location in Burbank.
Harlem Affordable Housing Development Uses CPC Loan for Green Retrofit Program
The retrofit project should be completed within a year, but could take less time.
DEAL OF THE DAY: Hendricks & Partners Closes on $4.6M Sale
Hendricks & Partners brokered the $4,600,000 sale of the 268-unit Alpine Lake, located at 665 North Alpine Lake Drive.
Mary Alex Blanton Receives NCB’s 2010 Spirit of Cooperation Award
Washington, D.C.–NCB has named Mary Alex Blanton as the 2010 recipient of NCB Spirit of Cooperation Award. The honor was presented to Mary Alex at the Bank’s annual meeting held at The Ronald Reagan Building and International Trade Center in Washington, D.C. “Blanton’s contributions to the bank and the cooperative community for over a decade are countless,” says Charles Snyder, president and CEO of National Cooperative Bank. “She has played an instrumental role in the development and marketing of numerous new products, most recently the National Credit Union Foundation deposit program and Mission Deposits, which provide beneficial banking options for…
Realtors Predict Stronger Multifamily Market for 2011
Multifamily rental properties will see a decrease in vacancies as well as modest rental increases next year.
DEAL OF THE DAY: Arbor Closes $1.93M Fannie Mae Loan for Project-Based Property
Arbor Commercial Funding LLC funded a $1,930,000 loan under the Fannie Mae DUS Multifamily Affordable Housing product line for the 64-unit complex known as Lake June Village Apartments in Dallas.
The Bozzuto Group Opens Doors to New Pennsylvania Apartment Development
Wyomissing Square is a new, mixed-use development.
First Large Scale Residential Installation of Fuel Cell in the World Takes Place in New Haven
The fuel cell will provide combustion-free power to the 500 residential units.
National Housing Trust and Enterprise Announce New Green Preservation Loan Product
A new lending program from Enterprise and the National Housing Trust Community Development Fund has been launched, which will provide nonprofit owners and developers capital to jump-start green retrofits of affordable rental communities.