Great news from Multifamily Executive Magazine!
With Minneapolis Mayor R.T. Ryback and city council members on hand, Village Green Cos. CEO and chairman Jonathan Holtzman joined other members of a development team to break ground late last month on Mill District City Apartments, a 175-unit, mixed-use, market-rate rental community targeted for completion and lease up [...]
Archive for apartment
Signs of Life: Multifamily Developers Resume Construction
Price Improved: Willlowbrook 72 unit apartments/condos
The price has been improved on the Willowbrook 72 unit apartment building converted to condos for lower taxes.
Click here to download the latest flyer and package information.
Contact us for more information or to setup a showing
Global Real Estate Monitor Report- Multifamily Outlook
Recently the Global Real Estate Monitor released a report stating multifamily owners face challenges today but better times are ahead!
The article goes on to talk about “weak demand” and the lower employment and jobs. Fortunately we in the Midwest don’t see these problems like the major metropolitan areas around the country. Yes we lose jobs [...]
Price improvement – Willowbrook Apartments
The price has been improved on the 72 Willowbrook Apartments (condos)
See the attached summary package and contact us for more details or questions.
Willowbrook Package – Aug 2009 summary
MultiFamily Financing Declines
Here is an interesting article from National Real Estate Investor magazine:
Commercial/Multifamily Mortgage Originations Plunge 80% from Fourth Quarter 2007
By Denise Kalette
A new report from the Mortgage Bankers Association (MBA) shows a dramatic drop in commercial and multifamily mortgage loan originations in the fourth quarter of 2008. Originations fell 80% from the same period of 2007, [...]
Apartments forced to go smoke free?
Legislation Forces More Apartments to Go Smoke-Free
The momentum to ban smoking at multifamily properties is growing, with more cites and counties passing legislation that prohibits or discourages lighting up in units, common areas, or both.
Read Full Article
Multifamily Real Estate Trends
As banks and other lenders await the shake-out from an economic stimulus package, credit is tight, and many potential first-time homebuyers are still on the sidelines, continuing to rent apartments. As a result, the multifamily market is maintaining resiliency. George Ratiu, Research Economist, gives us an overview of the multifamily sector. Read [...]
Final Tally for Multifamily is Grim in the Fourth Quarter
For months now, apartment executives and industry watchers have lamented what they’re seeing in the marketplace—laid-off workers moving out to find cheaper places to reside and new renters bargaining for more concessions. But only now, as data from the fourth quarter trickles in can we fully understand the carnage that closed out 2008.
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Is now the best time to invest in Apartments?
Buying a small apartment building could be an attractive investment in the coming years, say industry observers. Read more >
Help on the way for Cedar Rapids landlords
Hot off the press today from the Cedar Rapids Gazette
from GazetteOnline – News Headlines
CEDAR RAPIDS and The City Council last night hired a local firm, Transitions Made Better Inc., to administer housing rehabilitation funds for landlords with flood-damaged properties.Earlier Wednesday, Paula Hinzman Mitchell, supervisor in the city’s Housing Services office, said the city expects the [...]
