Business And Finance - Dealmaking - Multifamily Housing Industry News and Archive Information for Multifamily Executives

Cap Rates

Comeback Cities

Las Vegas, Phoenix, and Miami have been lumped together as the poster children for distress, but each metro is climbing back up in its own...
Cap Rate Disparity Between Primary, Secondary Markets Shrinks

As investors balk at the gates of Gotham, cap rates for core assets in primary markets are inching up, with investors chasing yield and...
Are Multifamily Cap Rates Too Low? It's All Relative.

The apartment sector continues to benefit from a lack of alternative investments, but how long can this dynamic last?

Michaels Stays Ahead of the Pack

Longtime CEO Bob Greer helps Michaels Development Co. stay on top of the multifamily builder leaderboard by focusing on flexibility...
CWCapital Moves to Open LIHTC Syndication Program

CWCapital will soon open a low-income housing tax credit (LIHTC) syndication business, Affordable Housing Finance has learned.
CAPREIT Deal Brings Opportunity

Like just about everyone else in the industry, Dick Kadish, president of Bethesda, Md.-based CAPREIT, hadn’t seen a lot of hard asset...

CWCapital Moves to Open LIHTC Syndication Program

CWCapital will soon open a low-income housing tax credit (LIHTC) syndication business, Affordable Housing Finance has learned.
Multifamily Industry Needs a Strong Voice in Policy Making

NAHB's chairman explains why, with the uncertainty surrounding tax reform and housing finance, the multifamily sector must guard its interests at all levels of government.
The Hunt Cos. Redeploy Military Construction Proceeds to become Full Service Multifamily Real Estate Firm

After a decade long run as a preimminent miltary housing builder, the Hunt Cos. reinvest hundreds of millions in profits to become a full service multifamily real esate firm.

2012 Promises to Take Multifamily’s Drivers on One Hell of a Ride.
2012 promises to take multifamily’s drivers on one hell of a ride.
Thou Shalt Not Be Greedy
Thou Shalt Not Be Greedy
Apartment Companies Find Value in Rewards Programs
Apartment Companies Find Value in Rewards Programs
Columbus, Ohio, Apartment Recovery Is Capturing Investor Attention
After a spate of overbuilding a decade ago, Columbus is finally enjoying strong unit absorption and job growth.

How Long Can Low LIBOR, 10-Year Treasury Last?
The benchmarks upon which floating- and fixed-rate loans are based have been incredibly low for awhile now—but how long can it last?
Lock That Rate: The 10-Year Treasury Hits a New Low
As the benchmark yield on the 10-year Treasury sinks to its lowest level in history, mortgage rates also hover at historic lows, helping to fuel transaction velocity.
Cap Rates, Interest Rates Will Shape Dealmaking Environment in 2011
Low interest rates drove cap rates down in 2010, but as both start to climb in the coming year, the industry will face stiffer financing competition.
ARMs Get Another Look as Treasury Rises
Though the yield on the 10-year Treasury has risen about 80 basis points in the past two months, LIBOR has remained low, causing borrowers to explore adjustable-rate executions.

EQR Gets Extension in Archstone Pursuit
Chicago-based Equity Residential has been given an extension until April 19 to bid on the second part of Bank of America Corp. and Barclays' stake in Denver-based Archstone. The announcement leaves analysts wondering what the extension could signify.
Analysts Supportive of Equity's Recent Move in Archstone Sale
Last week’s announcement by Chicago-based Equity Residential (EQR) that it entered into an agreement to spend $1.325 billion in cash for a 26.5 percent ownership interest in Denver-based Archstone, which owns 48,922 units and has 1,332 units under construction, took some people by surprise.
How They Fit: Matching the Archstone Portfolio to AvalonBay, Equity
According to a geographic exposure study recently conducted by Charlottesville, Va.-based SNL Financial, since 2007, Archstone has decreased its overall asset exposure in Virginia and California, while increasing its asset bulk in Georgia, Florida, and Texas.
Diversity is the Key to a Successful Journey
No matter what road you're on in life or in business, a diverse mix can make sure you're around to succeed.

Fannie Mae's Multifamily MBS Issuance Jumped 45 Percent in 2011 ; Fannie Mae GeMS(TM) Issuance Reached $6 billion Milestone in the Program's First Year
WASHINGTON, Jan. 24, 2012 /PRNewswire/ -- Fannie Mae (OTC Bulletin Board: FNMA) today announced that the company issued $7.2 billion multifamily MBS(1) in the fourth quarter of 2011, the highest quarterly issuance since Fannie Mae began reinvigorating its multifamily MBS business in 2009.
Good, or at least non-bad, signs on the housing market
Jan. 24--David H. Stevens, president of the Mortgage Bankers Association, recently paraphrased Thomas Jefferson in assessing the housing market: It's "swimming with the current rather than standing like a rock," and what is needed now is "rock-like certainty."
Home Ownership Showing Gains
Home Ownership Showing Gains
Home Financing Stays Tough
Home Financing Stays Tough

The Weekly Download: Social Media vs. Nimbyism with Renaissance Downtown's Brandon Palanker
By using social media as a tool to leverage “crowdsourced placemaking,” Renaissance Downtowns overcame an initial two-story height restriction with a concept plan that now includes a seven- to nine-story boutique hotel, a town square piazza, and 3,500 apartment units, all by resident request.
Strong Future for Austin Multifamily Market
Austin, Texas, apartment market attracts investors with a long-term outlook.
Extended Stay
The West Hotel, a 105-unit single-room occupancy property in San Francisco's Tenderloin District, may be one of the best examples of a successful renovation that almost wasn't.