Northeast
MHN Interview with Christopher Feeley: Demographics Are Conducive to Growth of MF
Christopher Feeley, co-founder of Oculus Capital Group talks to MHN about why he
American Properties Realty Announces Tours for Prospective Buyers at N.J. Properties
American Properties Realty said it will conduct “Pot O’ Gold,” weekend home tours
Jersey City’s Trump Plaza Exceeds 50% Sales Mark
The 55-story Trump Plaza Residences in Jersey, City, N.J. has crossed the 50 percent threshold in units sold.
Magellan’s Aqua at Lakeshore East Captures International Skyscraper Design Award
Skyscrapers that show outstanding
Bill Granger Joins CTO of Walker & Dunlop
Bill Granger has joined Walker & Dunlop as chief technology officer in the company’s Bethesda, Md. headquarters. Granger will be responsible for Walker & Dunlop’s information technology infrastructure at a time of significant growth for the company.
Severe Winter Weather Causes Pending Condo Sales to Drop
Pending home sales, including both single-family and condo properties, showed an unexpected decline in January, according to the National Association of Realtors (the organization doesn’t separate the kinds of residential property in this case), partly due to bad weather across the Northeast.
Report: Seniors Housing Occupancy Falls, Rents Rise in 4Q of 2009
Occupancy rates fell for seniors housing in the last quarter of 2009, but the property type still enjoyed moderate rent growth, according to NIC MAP, a data and analysis service of the National Investment Center for the Seniors Housing & Care Industry (NIC).
DEAL OF THE DAY: HFF arranges $12M Construction Loan through Bank for Wood Partners’ Apartment Project
The Boston office of HFF (Holliday Fenoglio Fowler LP) arranged a $12 million construction loan for Alta at Indian Woods Apartments, a 154-unit, to-be-built multi-housing community in Stoughton, Mass.
Fitch Ratings Sees Multifamily Asset Stabilization Later this Year
Multifamily properties in the U.S. could begin stabilizing in certain markets later this year, according to Fitch Ratings.
New Haven Company Turns 100 This Year
The Wm. M. Hotchkiss Co., based in New Haven, recently celebrated its 100th year in business.