Industry veteran Edgar Morales joins Rose Community Capital as Director of FHA/USDA Loan Originations
Rose Community Capital (RCC), the lending arm of Jonathan Rose Companies focused on the origination, underwriting and placement of FHA insured multifamily mortgages, announces that 30+ year industry veteran Edgar Morales has joined the...
JLL arranges sale, financing of Dallas-area apartments
JLL announced today that it has closed the sale of and arranged financing for The Palace, a 280-unit, garden-style apartment community located in Arlington, Texas.
JLL marketed the property exclusively on behalf of the seller,...
RE/MAX Fine Properties agent Steven Kinne receives Lifetime Achievement Award
Because of his hard work and loyalty with customers, RE/MAX Fine Properties agent Steven Kinne has become rewarded with the distinguished RE/MAX Lifetime Achievement Award.
The award honors exceptionally successful agents who have earned more...
Capital Square acquires luxury multifamily community near Louisville for DST offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Lyric at Norton Commons, a Class A+, 273-unit mixed-use multifamily...
Wood Partners announces grand opening of Valentina by Alta in San Diego, California
Wood Partners, a national leader in multifamily real estate development, announced today the grand opening of its newest luxury residential community—Valentina by Alta—in San Diego, California.
Located at 1919 Pacific Highway, the new community is...
Meta Housing breaks ground on 65-unit affordable multifamily development in Westminster, California
Meta Housing Corporation, a Los Angeles-based developer, in a joint venture partnership with Western Community Housing, a Southern California-based non-profit public benefit corporation, has announced the development of Westminster Crossing, a three-story, 65-unit, affordable...
NAA names 2020 Best Places to Work award winners
The National Apartment Association (NAA) has announced the winners of the 2020 NAA Best Places to Work award program, which identifies member organizations that encourage employee engagement and performance and foster collaborative and innovative...
Ridge Capital acquires 444-unit San Francisco Bay Area multifamily portfolio
Ridge Capital Investors, LLC (Ridge) in joint venture with Contrarian Capital Management and Andell Holdings has acquired in an off-market transaction a two-property, 444-unit multifamily portfolio with assets located in the San Francisco East...
The Wolff Company breaks ground on new senior living community in Hillsboro
The Wolff Company—a Scottsdale-based private equity firm and senior living developer—has broken ground on Revel Amberglen, a new independent living apartment community within the Amberglen Business Park mixed-use masterplan in Hillsboro. Characterized by celebrity...
Middleburg Communities announces sale of Vesta Camp Creek in Atlanta, Georgia
Middleburg Communities (Middleburg), a Vienna, Virginia-based real estate investment, development, construction, and management firm announces the sale of Vesta Camp Creek, a 220-unit apartment community at 5100 Welcome All Road in Fulton County in...
Trion Properties acquires 80-unit apartment community in San Leandro, California
Trion Properties, a private equity real estate firm that specializes in multifamily investments in western markets, has acquired Creekside Apartments, an 80-unit multifamily community in San Leandro, California, for $20.5 million.
The transaction is Trion’s...
Employment rises despite lower job openings
The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in January was 8.86 million. This was reported to be down 26,000...
Unconventional smart technology solutions for property managers
Smart lockboxes, work-from-home tech, and environmental sensors are revolutionizing the way property managers handle their day-to-day operations, while also bringing best service to potential and current renters.
With these unconventional smart tech solutions, you’ll increase...
Reno Rebuild Project awards Derby Supply with $40,000 small business loan
Nickel by nickel the Reno Rebuild Project fund is growing to make one-of-a-kind loans to local small downtown businesses. This March, the project will be providing a $40,000 loan to the Derby Supply company...
How to avoid shaking hands
Last week I flew to a conference in Kentucky. After reading all of the precautions about traveling, I dutifully wiped down my airplane seat and tray table and packed extra hand sanitizer.
But when I...
