The Apartment Sector Begins to Feel the Pinch
In a year in which the economy was hit by bad news on a number of fronts, the commercial real estate sector reacted with a negative performance in major property sectors. ...
Student Housing REIT Engages in Financial House Cleaning
Education Realty Trust has received $222 million in funding through a secured credit facility with Red Mortgage Capital, a Fannie Mae DUS lender. ...
Joint Venture to Develop 10 Student Housing Projects
A North Carolina developer and Chicago equity firm are joining forces to develop $220 million of housing projects catering to students....
Advantage Renters
The multifamily sector has benefitted by the downturn in the single-family housing market as tighter lending standards help keep potential home buyers...
Commercial and Multifamily Lending Activity Contracts 53%
Mortgage bankers’ originations of commercial and multifamily mortgage loans dropped a whopping 53% in the third quarter compared with the same period of 2007, the Mortgage Bankers Association reports. ...
Oklahoma Multifamily Portfolio Sells for $132 Million
Inland Real Estate Acquisitions has purchased a portfolio of 1,325 apartments in four complexes in and around Oklahoma City for $132.1 million...
A Test of Resiliency
Two storms are converging on the U.S. apartment industry amid the deepening credit crisis. While developers are forced to scrap projects because financing...
No Automatic A for Student Housing
In 1998, Paul Dunlap, president of Dunlap Property Group based in Fullerton, Calif., saw an opportunity to buy and rehabilitate a multifamily property...
Apartment Market Conditions Reach New Lows
Market conditions in the multifamily sector are as bad as they’ve ever been, according to the National Multi Housing Council’s (NMHC) latest quarterly survey on apartment market conditions....
Is Student Housing Overheated?
WASHINGTON, D.C. — There is no indication yet that problems in the economy have impacted the business of American Campus Communities, a developer and manager of student housing communities, according to the company’s president and CEO, Bill Bayless. ...
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