Tag: Washington DC
NMHC/NAA response to President Trump’s State of the Union Address
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) in response to President Trump’s State of the Union address. “NMHC and...
Developers claim co-living suites earn more per square foot than regular apartment rentals
Hundreds of co-living suites are renting quickly at ALTA LIC, a new high-rise apartment building in Long Island City, Queens. “We are now about four...
January NMHC Quarterly Survey shows little overall change
Apartment market conditions were mixed in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for January. The Market Tightness (46) and...
UIP-led venture acquires 62-unit apartment building in Washington, DC for $22 million
A venture led by Urban Investment Partners (UIP) of Washington, DC has acquired the Policy, a 62-unit apartment building located at 1921 Kalorama Road,...
FRP Development Corp and MRP Realty joint venture to develop Bryant Street in NE...
MRP Realty, developers of commercial, residential, and mixed-use real estate across the Mid-Atlantic region, and FRP Development Corp, Inc., a full-service real estate company,...
HUD reports homelessness unchanged in U.S. in 2018 with notable declines among veterans and...
Homelessness in the U.S. remained largely unchanged in 2018, according to the latest national estimate by the U.S. Department of Housing and Urban Development...
NMHC/NAA thank Pam Patenaude for her years of service, look forward to working with...
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on the news that HUD Deputy Secretary Pam Patenaude intends to...
Ginnie Mae MBS Outstanding increases to $2.033 trillion
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $33.668 billion in November. A breakdown of November issuance includes $32.192 billion of...
HFF announces $31M financing for 160-unit independent living community in Colorado Springs, Colorado
Holliday Fenoglio Fowler, L.P. (HFF) announces $31 million in financing for Province Springs, a 160-unit, 55+ age-restricted luxury independent living community in Colorado Springs,...
Statement from NAHB chairman Randy Noel and HBI incoming president and CEO Ed Brady...
Randy Noel, chairman of the National Association of Home Builders (NAHB) and Ed Brady, incoming president and CEO of the Home Builders Institute (HBI), issued the...
FHA releases 2018 annual report to Congress
The Federal Housing Administration (FHA) today released its 2018 Annual Report to Congress on the economic condition of the agency's Mutual Mortgage Insurance Fund...
Riverside Capital invests in Washington, D.C.
Riverside Capital, LLC (“Riverside”) is pleased to announce it has invested $10.1 million in Ainger Place Apartments, a 72 unit new construction property in...
Stonebridge acquires 346-unit Durham, NC apartment community for $42.7 million
StoneBridge Investments of Washington, DC has acquired Southpoint Glen, a 346-unit suburban garden apartment community in Durham, NC, for $42.7 million. The seller, TH...
New research compares student housing costs
NMHC and RealPage recently released new research that evaluates cost differences between on-campus and off-campus housing. The study, focusing on 22 universities around the...
HUD awards $6.7 million in research grants to reduce lead and other housing-related health...
To help protect children and seniors from exposure to lead and other home health hazards, the U.S. Department of Housing and Urban Development (HUD) today...
