Not Endorsed
David Selznick Joins Kayne Anderson Real Estate Advisors as Managing Director
Kayne Anderson Real Estate Advisors (“KAREA”), the private equity real estate arm of Kayne Anderson Capital Advisors, which invests primarily in student housing, announced today the appointment of David Selznick as a managing director.
Orion Real Estate Services Inc. Names Brian Willey as Director of Business Development
Orion Real Estate Services Inc. has named Brian Willey as its new director of business development.
Virginia Wang Joins Apartment List as Vice President of Product
ApartmentList.com, an apartment search, announced that Virginia Wang has joined the company as vice president of product.
Fannie Mae Opens Mortgage Help Center Expansion in Inland Empire, California
Fannie Mae opened an extension of its Los Angeles Mortgage Help Center in the Inland Empire region to provide free education and counseling services to struggling California homeowners.
Grace Hill Inc. Declares August Maintenance Appreciation Month
Grace Hill Inc., a provider of online education and learning management solutions for the multifamily housing industry, declared the month of August as Maintenance Appreciation Month.
Refinance Applications Increase Again to Three-Year High in Latest MBA Weekly Survey
Mortgage applications increased 0.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 27, 2012.
Marcus & Millichap Names John S. Sebree Vice President
Marcus & Millichap Real Estate Investment Services, a real estate investment services firm, has elected John S. Sebree vice president, according to John J. Kerin, president and chief executive officer.
Pending Freddie Mac Relief Refinance Changes to Help Lenders Refinance More Borrowers
Freddie Mac announced plans to build on the success of its Relief Refinance Mortgage Program, which includes the Home Affordable Refinance Program (HARP 2.0), by aligning requirements for mortgages with loan-to-value ratios that are equal to or less than 80 percent with those for mortgages with LTV ratios greater than 80 percent.
Second Quarter Commercial/Multifamily Mortgage Originations Up 25 Percent from Q2 2011
Commercial/multifamily mortgage origination volumes during the second quarter of 2012 were up 25 percent from second quarter 2011 levels, and up 39 percent from the first quarter of 2012, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
Apartment Market Hot Streak Continues
For the sixth quarter in a row, the apartment industry improved across all indexes in the National Multi Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions.