West
MyNewPlace Launches Guarantee Program
New Orleans–MyNewPlace has announced the first-ever $275 average cost-per-lease guarantee program for multifamily owner/operators at the National Apartment Association’s (NAA) Conference in New Orleans.
Abode Communities Puts Finishing Touches on Affordable Housing in LA County
East Rancho Dominguez, Calif.–Casa Dominguez ribbon-cutting ceremony celebrates Los Angeles County affordable housing for young adults transitioning out of the foster system
Ground Breaks on Unique Affordable Seniors Project in South L.A.
Compton, Calif.–The community will be home to financially challenged elderly residents with physical disabilities.
Washington Green Communities Retrofit Loan Fund Launched
Olympia, Wash.–The goal of the fund is to encourage the addition of sustainable features.
Affordable Apt. Community to Break Ground in Escondido, Calif.
Escondido, Calif.–The apartment community will be built in a neighborhood plagued by street gangs, drugs.
DEAL OF THE DAY: Hendricks & Partners Helps Sell Family Property for $1.555M
Denver, Colo.–Hendricks & Partners executed the sale of The McFee, located at 60 Corona Street in Denver, Colo.
MHN Interview with Solvere Group: Setting Right Price-Point Is Key to Selling Product
San Diego–Monce and Mann talk to MHN about using advanced analytics to set price-points
Laura Khouri Is New President of Western National Property Management
Irvine, Calif.–Laura Khouri has been appointed president of Western National Property Management.
ARA Opens Portland, Ore. Office, Expands Northwest Presence
Portland, Ore.–Atlanta-headquartered Apartment Realty Advisors (ARA) recently opened its Portland, Ore. office, under the leadership of Gail Neuburg, former co-owner and operator of Portland-based Tilbury, Ferguson & Neuburg, Inc. This is ARA’s 20th location and expands its existing Northwest presence—ARA’s Seattle, Wash. office opened in 2007. According to Neuburg, “The ARA platform will substantially enhance our service delivery to our clients by allowing us to immediately leverage off of the relationships, knowledge and infrastructure of this powerful team of brokers.” Neuburg and her team will continue to specialize in representing both institutional and private capital owners and investors in the…
DEAL OF THE DAY: HFF Arranges $18M Financing for Manufactured Housing Community
San Diego–HFF (Holliday Fenoglio Fowler LP) has arranged $18 million in financing for The Highlands.