Multifamily Headline News

LIHTC Working Group Urges Congress to Preserve Low-Income Housing Tax Credit Program

LIHTC Working Group Urges Congress to Preserve Low-Income Housing Tax Credit Program

SAN FRANCISCO, CA - Members of the LIHTC Working Group, in a May 8, 2013 letter to House Ways and Means Committee Chairman Dave Camp, highlighted the key benefits of the Low-Income Housing Tax Credit (LIHTC)...

Bridge Property Management Introduces New Third Party Community Management Service

Bridge Property Management Introduces New Third Party Community Management Service

SALT LAKE CITY, UT - After 22 years of success managing its own assets, the owners of Bridge Property Management have decided to offer multifamily property management services to other real estate owners.  Our...

MAA Acquires 260-Unit Upscale Multifamily Apartment Community in Fredericksburg, Virginia

MAA Acquires 260-Unit Upscale Multifamily Apartment Community in Fredericksburg, Virginia

FREDERICKSBURG, VA - MAA announced that it has completed the acquisition of Station Square at Cosner's Corner, a 260-unit upscale multifamily apartment community located in Fredericksburg, Virginia. Station...

EdR and the University of Kentucky Agree on Delivery of 1,610-Bed Student Housing Facility in 2015

EdR and the University of Kentucky Agree on Delivery of 1,610-Bed Student Housing Facility in 2015

MEMPHIS, TN - EdR, a leader in the ownership, development and management of collegiate housing, announced that the Capital Projects and Bond Oversight Committee of the Kentucky Legislature has provided the final...

Mortgage Rates Rise for Third Consecutive Week According to Bankrate.com’s Weekly National Survey

Mortgage Rates Rise for Third Consecutive Week According to Bankrate.com’s Weekly National Survey

NEW YORK, NY - Mortgage rates increased for a third consecutive week, with the benchmark 30-year fixed mortgage rate rising to 3.74 percent, according to Bankrate.com's weekly national survey. The average...

Florida Housing Market Shows Strong Gains in April 2013 with Rising Prices and Increased Sales

Florida Housing Market Shows Strong Gains in April 2013 with Rising Prices and Increased Sales

ORLANDO, FL - Florida's housing market reported more closed sales, rising median prices, increased pending sales, more new listings and a lower inventory of homes for sale in April, according to the latest...

Study Commends Community Reinvestment Act and Housing Tax Credit Program for Affordable Housing

Study Commends Community Reinvestment Act and Housing Tax Credit Program for Affordable Housing

NEW YORK, NY - The Community Reinvestment Act (CRA) of 1977, has become the most powerful engine of capital formation for developing affordable housing in the United States, according to research conducted by...

Ceremony at The Flamingo South Beach Apartments Marks Progress of Creating a Public Promenade

Ceremony at The Flamingo South Beach Apartments Marks Progress of Creating a Public Promenade

MIAMI BEACH, FL - In partnership with the City of Miami Beach, Apartment Investment and Management Company (AIMCO) opened a new section of the Baywalk to the public, along the Western waterfront from 5th Street to...

Freddie Mac Approves Multifamily Lender Greystone as Designated Seniors Housing Loan Seller / Servicer

Freddie Mac Approves Multifamily Lender Greystone as Designated Seniors Housing Loan Seller / Servicer

NEW YORK, NY - Greystone, a leading national provider of multifamily and healthcare mortgage loans, announced that it has been approved as a National Senior Housing Seller/Servicer by Freddie Mac to originate and...

Hutton Companies Commences Construction on $43 Million Mixed-Use La Verne Village in Los Angeles

Hutton Companies Commences Construction on $43 Million Mixed-Use La Verne Village in Los Angeles

IRVINE, CA - Award-winning national firm KTGY Group, Inc., Architecture + Planning announced that Hutton Companies, one of Southern California’s foremost developers, has begun construction on La Verne...

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