Regions
DEAL OF THE DAY: ARA Negotiates Sale of 17-Unit Student Housing Asset
Apartment Realty Advisors (ARA) has announced the sale of Rio Grande Square Apartments, a 17-unit community located in the heart of the University of Texas at Austin West Campus area.
Survey Finds that Renting is More Preferable to Owning in a Down Market
A majority of consumers, 76 percent, deem renting to be more favorable than owning a home in the current real estate market.
Orange County Sees Apartment Market Stabilization
According to a report released this week by real estate investment specialist Marcus & Millichap, the Orange County, Calif. apartment market seems to arrived at a point of stabilization.
NWP Services Corporation Acquires Vertex Multifamily Services Division
NWP Services Corporation (NWP) today announced the acquisition of Multifamily Services Division (CBSI) from Vertex Business Services.
DEAL OF THE DAY: Arbor Closes $1,878,700 Fannie Mae DUS Small Loan
Arbor Commercial Funding LLC announced the recent funding of a $1,878,700 loan under the Fannie Mae DUS Small Loan product line for the 16-unit complex known as 1322 Commonwealth Avenue in Boston.
OliverMcMillan Revives Stalled Condo Project in Honolulu
Dozens of people reportedly camped out for as long as two days outside the sales office of the Pacifica Honolulu condominium project so that they would be among the first to snatch up a good deal.
Michigan Apartment Owner Markets Through Social Media Entertainment
Final Five Productions, a video production and social media marketing company, has created a series of on-line videos for Urbane Apartments, a suburban Detroit apartment owner.
AMCAL Multi-Housing Inc. Breaks Ground on Los Angeles Affordable Seniors Development
AMCAL Multi-Housing Inc. has broken ground on Montecito Terraces, a 98-unit senior affordable housing development located in Panorama City, Calif.
Steven Easton Honored for Contributions to Real Estate Management
Chicago—The Institute of Real Estate Management (IREM) Foundation, a nonprofit 501(c)(3) public foundation, recently honored IREM faculty member Steven K. Easton, CPM, of St. Petersburg, FL, with its Lloyd D. Hanford Sr. Distinguished Faculty Award. The Hanford award is presented periodically to a member of the IREM faculty who has shown extraordinary dedication to the educational process and the advancement of knowledge in the real estate management profession. It commemorates the direct contributions of Lloyd D. Hanford, Sr., a founder of the IREM real estate management education program. Easton is the founder of Easton Realty, a full-service real estate company…
DEAL OF THE DAY: HFF to Market 428-unit Illinois Apartment Community
The Chicago office of HFF (Holliday Fenoglio Fowler LP) has been named to market The Lakes of Schaumburg, a 428-unit community in Schaumburg, Ill.