Multifamily Headline News

Housing Search Giant Zillow Announces the Acquisition of Trulia in $3.5 Billion Stock Transaction

Housing Search Giant Zillow Announces the Acquisition of Trulia in $3.5 Billion Stock Transaction

SEATTLE, WA - Zillow, Inc. announced that it has entered into a definitive agreement to acquire Trulia, Inc. for $3.5 billion in a stock-for-stock transaction. The Boards of Directors of both companies have...

Capri Capital Partners and TruAmerica Multifamily Acquire 464-Unit Vermont in Burgeoning Koreatown

Capri Capital Partners and TruAmerica Multifamily Acquire 464-Unit Vermont in Burgeoning Koreatown

LOS ANGELES, CA - In the largest multifamily, mixed-use transaction in California this year, a partnership of Capri Capital Partners, LLC and TruAmerica Multifamily, LLC has acquired the newly-built Vermont, a...

Apartment Markets Continue Expansion According to National Multifamily Housing Council Quarterly Survey

Apartment Markets Continue Expansion According to National Multifamily Housing Council Quarterly Survey

WASHINGTON, DC - Apartment markets continued to expand in the second quarter of 2014, as growth accelerated in all four indexes in the National Multifamily Housing Council (NMHC) Quarterly Survey of Apartment...

Regions Bank Expands Multifamily Real Estate Banking Capabilities by Obtaining Fannie Mae Approval

Regions Bank Expands Multifamily Real Estate Banking Capabilities by Obtaining Fannie Mae Approval

BIRMINGHAM, AL - Regions Bank, the primary banking subsidiary of Regions Financial Corporation, announced that it has been approved as a Fannie Mae Delegated Underwriting and Servicing (DUS) lender and acquired a...

Fannie Mae Releases Inaugural Mortgage Lender Sentiment Survey Results Showing Greater Demand

Fannie Mae Releases Inaugural Mortgage Lender Sentiment Survey Results Showing Greater Demand

WASHINGTON, DC - Fannie Mae released the inaugural results of its quarterly Mortgage Lender Sentiment Survey. This new industry research initiative tracks insights into current lending activities and market...

Top Challenges for Multifamily Asset Managers in Today’s Deal and Development-Driven Economy

Top Challenges for Multifamily Asset Managers in Today’s Deal and Development-Driven Economy

AMELIA ISLAND, FL - Underwriting isn't what it used to be. Case in point: this humorous video from Steve Lefkovits on where deal flow might be taking today’s multifamily asset manager. As co-producer...

Housing Markets Slog Forward with Mixed Signals According to Latest Freddie Mac Market Index Report

Housing Markets Slog Forward with Mixed Signals According to Latest Freddie Mac Market Index Report

MCLEAN, VA - Freddie Mac released its Multi-Indicator Market Index showing mixed signals for the U.S. housing market as more markets move into their stable range of housing activity including Salt Lake City, Los...

Mortgage Rates Hit Summer Lull According to National Market Survey by BankRate.com

Mortgage Rates Hit Summer Lull According to National Market Survey by BankRate.com

NEW YORK, NY - Mortgage rates were mixed, showing little in the way of movement this week. The benchmark 30-year fixed mortgage rate slipped to 4.28 percent, according to Bankrate.com's (NYSE: RATE) weekly...

Walker & Dunlop Completes $77.2 Million Multifamily Financing Package for Kennedy Wilson Acquisition

Walker & Dunlop Completes $77.2 Million Multifamily Financing Package for Kennedy Wilson Acquisition

BETHESDA, MD - Walker & Dunlop, Inc. announced that it provided $77,200,000 in financing for the acquisition of Kirker Creek Apartments by Kennedy Wilson, a global real estate investment and services firm....

Florida Housing Market Reports Improvement with More Closed Sales and Higher Median Prices

Florida Housing Market Reports Improvement with More Closed Sales and Higher Median Prices

ORLANDO, FL - Florida's housing market reported more closed sales, higher median prices, increased new listings and a rise in inventory in June, according to the latest housing data released by Florida...

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