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Economy Watch: Mortgage Delinquencies Drop in July 27 Aug 2013 | 06:26 pm
By Dees Stribling, Contributing Editor Lender Processing Services, in its First Look report for July, said on Monday that the percentage of delinquent U.S mortgage loans decreased from 6.68 percent i...
TODAY’S DEALS: WNC Closes $150.5M Fund to Acquire LIHTC Properties in 18 States 27 Aug 2013 | 12:20 am
Irvine, Calif.—WNC announced it has closed WNC Institutional Tax Credit Fund 38 LP, a $150.5 million institutional low-income housing tax credit (LIHTC) fund. The fund will acquire 24 properties natio...
CBRE Sells Cincinnati Apartment Community for $2.6M 27 Aug 2013 | 12:08 am
By Dees Stribling, Contributing Editor Cincinnati—Four Towers at Ferguson Apartments has changed hands for about $2.65 million. The 156-unit Cincinnati property was acquired by an unspecified but loc...
‘Economy Watch’ Podcast with Dees Stribling: Mixed News for the Economy 26 Aug 2013 | 11:59 pm
Mixed news for the economy, and no news on QE3 from the Fed.
NWP Services Corporation Wins Three Technology Choice Awards 26 Aug 2013 | 11:49 pm
Costa Mesa, Calif.—NWP Services Corporation (NWP), a provider of utility cost recovery solutions, today announced that it is the recipient of three 2013 Technology Choice Awards from Multi-Housing New...
Medici Communities and Urban Land Conservancy Open $12.35M Affordable TOD 26 Aug 2013 | 11:41 pm
By Jessica Fiur, News Editor Denver—The Urban Land Conservancy (ULC) and Medici Communities LLC have opened an affordable, transit-oriented development at the Evans Light Rail Station in Denver. The ...
Corvias Group Appoints Charlie Smith as Executive Vice President of Construction 26 Aug 2013 | 10:10 pm
East Greenwich, R.I.—Corvias Group, a privately owned, vertically-integrated real estate solutions group, announced that Charlie Smith has been hired as executive vice president of construction where ...
Peak Campus Management to Manage Flats at West Village 26 Aug 2013 | 09:32 pm
By Jeffrey Steele, Contributing Writer Charlottesville, Va.—The management of Charlottesville‘s newest purpose-built student housing asset, The Flats at West Village, has been awarded to Peak Campus ...
Economy Watch: New Home Sales Take Dip in July 26 Aug 2013 | 09:15 pm
By Dees Stribling, Contributing Editor Sales of new single-family houses in July 2013 were at an annualized rate of 394,000 units, according to the Census Bureau on Friday. That’s a 13.4 percent drop...
Daly Sets Sights on Seven-Month Modular Construction for ‘N’ Habit 26 Aug 2013 | 10:00 am
By Alex Girda, Associate Editor One of the hottest trends in building now is the use of prefabricated elements, banking on the effectiveness the medium offers. One of the first Seattle developers to ...