Multifamily

The shopping center and apartment sectors softened enough during the first quarter to prompt Moody’s to place them in the so-called "yellow zone," where the ratings agency considers market well being to be more fragile. With this inclusion, Moody...

Greenberg Commercial has broken ground on the Hunt Valley Towne Centre on the site of the former Hunt Valley Mall in Baltimore. The new project will include 360,000 sq. ft. of retail and entertainment space in an open-air design...

After Sept 11, tenants left Lower Manhattan and new renters were hard to find. Grants of up to $12,000 reversed the slide...

Despite Freddie Mac’s recent accounting and management woes, Moody’s is confident in Freddie Mac’s risk management capabilities and overall financial strength. While Moody’s was "disappointed" to learn about Freddie Mac’s troubles, the ratings...

Philadelphia-based Berwind Property Group Ltd. has bought 17 apartment communities from DEC Investment Group, L.P. for roughly $241 million. The 5,037-unit portfolio is scattered across metropolitan areas in Arizona, Colorado, Kansas, Missouri...

Freddie Mac, the second biggest U.S mortgage finance company, has fired its president and COO over his apparent unwillingness to cooperate with an audit of the firm. Freddie Mac’s CEO and CFO were also fired this week...

Assuming the economy is improving and interest rates are about to increase, does it follow that owners of multifamily properties will soon be inundated with new tenants? Not likely, says a new report from Torto Wheaton’s multifamily economist Gleb...

Apartment Investment and Management Company (AIMCO) has divested more than 1 million sq. ft. of multifamily communities in four states. CB Richard Ellis negotiated the sale for the Denver-based REIT...

John Williams, who founded Post Properties 32 years ago, has separation issues. He tried to step back from the Atlanta-based apartment REIT last summer, when he passed the chief executive position to Post President Dave Stockert. At the time...

The national apartment market had a lackluster first quarter, but one positive trend did emerge: The number of residents leaving apartments to buy homes is on the decline...