Northeast
Manhattan Multifamily Sales Volume Spikes in 1Q10
he dollar sales volume of multifamily properties in Manhattan more than doubled in the first quarter
Collections Firms Report Higher Collection Rate among Apartment Renters who use SureDeposit
Residents who enroll in the SureDeposit program are more likely to pay their lease-related debts in so
DEAL OF THE DAY: Walker & Dunlop Closes 73% LTV Freddie Mac Mortgage in Less than 40 Days
Walker & Dunlop provided a $28,547,000 refinance loan for Tenby Chase Apartments located in Delran, N. J.
MBA Appoints Gail Cardwell SVP of Commercial/Multifamily
Gail Cardwell has been appointed senior vice president of Commercial/Multifamily of The Mortgage Bankers Association (MBA).
Mixed-income Development May Point Way to Affordable Housing Development in NYC Suburb
With a median single-family home sales price of nearly $600,000, many residents, and want-to-be residents, of Westchester County, N.Y. struggle to find housing that is affordable.
DEAL OF THE DAY: Home Properties Prepares for More Acquisitions with 6.3% Cap Rate Transactions
Westminster, Md.– Home Properties Inc. says it has purchased the 208-unit Middlebrooke Apartments and the 110-unit Westminster Apartments from the original developer and owner of the two properties. “There finally are more acquisition opportunities in our key markets,” says Edward J. Pettinella, president and CEO of Home Properties. “We see great potential in these two properties, which we project will have a low double-digit internal rate of return. We hope to accelerate the pace of property purchases during the balance of the year.” Both apartment communities are located in Westminster, Md. Westminster is now called Westbrooke Apartments. Both Middlebrooke and…
Web Feature: Technology and Internet Are Shaping The New Leasing Center
Leasing centers have come a long way
Transactions, Development Fell Precipitously in 2009, NMHC Rankings Reveal
Apartment development and transaction volume levels both took a huge dive from previous year’s levels in 2009 due to the Great Recession,
Growing Business Is Key Concern Among For Real Estate Firms
More than half the respondents (58 percent) identify growing the business as their top business challenge
MARKET SNAPSHOT: Boston Apt. Market Positioned to Bounce Back this Year
Apartment transaction volume in the Boston metro area has been very slow