Regions
Despite Economy, Greystar is Pleased with Leasing Pace at Two New Houston Communities
Greystar Real Estate Partners recently completed and opened two luxury garden communities, Northgate Oaks Apartments (pictured) and Yorktown Crossing, in the Houston market.
MULTI-HOUSING EXECUTIVE UPDATE: MBA Names Brad Cheney and Pace Bradshaw as Directors of Legislative Affairs, and Other Moves
The Mortgage Bankers Association (MBA) has appointed Brad Cheney as director of legislative affairs and has also promoted Pace Bradshaw to director of government affairs.
TODAY’S DEALS: Alliant Capital Closes Two Loans Totaling Over $7M for Two Apartment Communities, and Other Transactions
Alliant Capital LLC recently completed the acquisition financing of Spring Lake in Seattle and the refinance of Misty Bayou Apartments in Houma, La., for a total of $7.7 million.
Nevada Latest State to Allow Apt. Owners to Offer Surety Bonds, Other Security Money in Place of Security Deposits
A new law affirms that apartment landlords throughout the state of Nevada can offer a surety bond or a combination of a surety bond and other security money as an option in lieu of a traditional security deposit as required by the landlord. A.B. 512 revises provisions relating to security deposits for the rental of real property (BDR 10-921). Both a security deposit and a surety bond as a security deposit alternative provide for the protection of the landlord.
Q&A with Jack Perlman: Escrow Provides a Sense of Security for Investors in Mexico
Jack Perlman is a real estate developer in Playa del Carmen (main beach town in the Riviera Maya region, by the Caribbean Sea) and owner of Condo Hotels Playa del Carmen. Perlman is opening a fifth luxury condo called El Taj Condo Hotel (pictured) this January, as well as an upscale beach club.
MARKET SNAPSHOT: Charleston Has Bottomed Out and is On the Rebound
The apartment market in Charleston bottomed out at the beginning of 2009, asserts Jenny Shelden Pauswinski, multifamily market analyst at Charlotte, N.C.-based Real Data, which tracks apartment markets in the major metro markets of the Southeast, including statistics on over 900,000 units.
Phase 1 of Lofts at Roosevelt Collection Now 70% Leased
-More than 70 percent of Phase One at The Lofts at Roosevelt Collection in Chicago have been leased. The project features 170 units.
Jumping on the Bandwagon, LaSalle Forms Partnership to Capitalize on Discounted Real Estate
As expected, price tags on commercial real estate around the world are dropping and LaSalle Investment Management is among the minority presently in a position to take advantage of bargains, the likes of which may not be seen again in decades. The Chicago-based firm has just formed a fund with the Austin-headquartered
Humphreys & Partners Launches New Design for Seniors Housing that Can be Financed Now
Humphreys & Partners Architects recently launched a new senior housing community design, e-Senior(SM).
TODAY’S DEALS: Behringer Harvard Acquires NoHo Commons for $96M, and Other Transactions
Behringer Harvard recently acquired The Gallery at NoHo Commons, a 438-unit multifamily community situated on a 5.3-acre site at 5416 N. Fairview Ave., adjacent to the North Hollywood Metro Station in Los Angeles, for approximately $96 million.