Daryl Carter makes the case for housing to be part of infrastructure legislation
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on today’s Congressional testimony before the House Financial Services Committee by Daryl Carter, former Chairman of NMHC and Chairman and CEO...
CLPHA welcomes housing is infrastructure bill, applauds Chairwoman Waters for underscoring importance of public...
The House Committee on Financial Services held a hearing entitled “Housing in America: Assessing the Infrastructure Needs of America’s Housing Stock” to examine the need for investment in affordable housing infrastructure—including public housing—and investigate...
Construction is underway at Clarus Glen Ridge luxury rental community
Clarus Glen Ridge, the luxury rental community in the historic Borough of Glen Ridge, is now under construction, developer JMF Properties announced today. Located on Baldwin Avenue, just a short walk from downtown Montclair and steps...
Red Mortgage Capital hires former Freddie Mac executive as managing director and chief underwriter...
RED Mortgage Capital, a division of ORIX Real Estate Capital, LLC, announced today that it has hired D. Edward Greene as Chief Underwriter for Affordable Housing. Greene joins RED from Freddie Mac, where he most...
Greenbuild International Conference & Expo releases 2018 sustainability report
Informa and the U.S. Green Building Council (USGBC) announced the release of the 2018 Greenbuild Sustainability Report, highlighting valuable metrics and key benchmarks regarding the impact on sustainable sourcing, community involvement, and carbon footprint...
Colliers International brokers sale of 294-unit multifamily community in Richmond for $45.6 million
The Colliers International East Region Multifamily Advisory Group represented the seller in the sale of Hickory Creek Apartments for $45,600,000. The community was built in 1984 and includes 294 apartments. Hickory Creek is strategically located...
Pura Vida Hialeah breaks ground
Is Hialeah the next Brooklyn? According to City of Hialeah Mayor Carlos Hernandez it may just be, and a transformative new mixed-use project, Pura Vida Hialeah, is paving the way. Miami-based Coral Rock Development Group...
CPC Mortgage Company LLC delivers $9.6 million FHA loan to refinance two rent stabilized...
CPC Mortgage Company LLC, a subsidiary of the Community Preservation Corporation (CPC), announced the closing of a $9.6 million Federal Housing Administration (FHA) loan to refinance two rent stabilized, multifamily properties in Manhattan’s East...
RealPage delivers apartment market update
Greg Willet and Adam Couch of RealPage delivered their Spring Market Update webcast this week. In it they discussed the recent performance of the US apartment market and also looked ahead to what we...
Development of new vibrant mixed-use community moving forward for Chattanooga’s Riverfront District
Today The Beach Company announced the acquisition of 2.79 acres of land in downtown Chattanooga’s popular Riverfront district. The site, which is located just two blocks from the Tennessee River and the Walnut Street...
Wood Partners announces groundbreaking on new Fort Worth property, Alta Champions Circle
Wood Partners, a national leader in multifamily real estate development and acquisition, announced earlier today the groundbreaking for its new community—Alta Champions Circle—in Fort Worth, Texas. Alta Champions Circle is a multifamily community that features...
Trez Forman funds $8 million value-add acquisition loan for 106-unit apartment community in Jacksonville
A real estate investor has secured an $8.1 million loan from Trez Forman Capital to help acquire and renovate a 106-unit waterfront apartment community in Jacksonville’s south side. Built in 1972, the Beauclerc Bay...
Passco bolsters Houston-area portfolio with acquisition of 330-unit multifamily asset in Spring, Texas
Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired The Grayson, a 330-unit, Class A apartment community in...
Affirmed Housing to break ground on Della Rosa, serving Orange County’s chronically homeless and...
Affirmed Housing will host a groundbreaking ceremony for Della Rosa, a new housing community serving individuals experiencing chronic homelessness and households with low income. Located at 14800 Beach Boulevard in Westminster, CA, the 9am...
Another rent control fight in California?
Michael Weinstein and his AIDS Healthcare Foundation (AHF), the driving force behind last year’s Proposition 10 rent control initiative in California, have announced that they intend to qualify a new rent control initiative for...
