Tag: News
Jefferson Apartment Group sells Jefferson Lighthouse Place for $55 million closing out the Starwood...
Jefferson Apartment Group, a leading multifamily developer and operator specializing in premier apartment communities throughout the Eastern U.S., announces today the sale of Jefferson...
IPA brokers Metroplex multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Villas Central Park, a 249-unit multifamily property in Grand Prairie,...
Interra Realty brokers sales of adjacent properties totaling $16.5 million on Chicago’s North Side
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 44 apartments and three retail spaces in...
Two Brighton multifamily properties totaling 76 units trade for a combined $9.5 million
Transwestern today announces it brokered the sale of two multifamily properties totaling 76 units for a combined $9.5 million, a record-setting price in Brighton...
Maytag Commercial Laundry introduces new multi-load washer robust construction, customizable controls, consistent performance
Building on decades of commercial laundry experience, Maytag® Commercial Laundry is introducing the newest innovation to its full line up of solutions this summer...
Bradley Cribbins named president/chief executive officer of Alliance Residential company’s management division
Alliance Residential Company is pleased to announce the promotion of Bradley Cribbins to President/Chief Executive Officer of Alliance's management division. With 25 years of industry...
Statement from NAHB Chairman Randy Noel on rules pertaining to AHPs
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom builder from LaPlace, La., today issued the following statement regarding the Trump...
Housing starts reach post-recession high in May as permits soften
Total housing starts rose 5 percent in May to a seasonally adjusted annual rate of 1.35 million units, according to newly released data from the U.S....
LIXIL Americas, makers of American Standard, contribute to skilled labor fund
The National Housing Endowment, the philanthropic arm of the National Association of Home Builders (NAHB), today welcomed a significant donation from plumbing fixture manufacturer LIXIL Americas...
H2O Degree’s industry-first LoRaWAN-based Pulse Counter enables longer-distance, faster utility meter data collection –...
Marking an important development in metering technology for tenant utility billing, H2O Degree introduces the industry’s first LoRaWAN-based meter pulse counter designed to operate...
Three multifamily assets hit the market in Suburban Cleveland
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces it has been awarded the exclusive listing for a core-plus multifamily property and...
Builder confidence slips two points as lumber prices soar
Builder confidence in the market for newly-built single-family homes fell two points to 68 in June on the National Association of Home Builders/Wells Fargo Housing Market...
Statement from NAHB Chairman Randy Noel on EPA sending revised WOTUS rule to OMB
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement after the Environmental...
Ginnie Mae MBS outstanding increases to $1.960 trillion
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled slightly more than $35 billion in May. A breakdown of May issuance includes...
Risk levels of rental applicants improving, but property managers still face challenges
Risk levels of renters continued to improve at the beginning of 2018, especially in cities where jobs are strong and rental prices remain affordable....