News
Public Universities Turn To Private Sector To Develop Dormitories
Posted on 02. Feb, 2012 by Bryan Ives.
Public universities around the country are handing over the process of building and financing on-campus dormitories to the private sector. The increase in demand for state college education, strict states budgets and the ability specialized student housing companies possess to build residence halls faster and cheaper are some of the reasons behind the change.
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Two California Companies Develop Their Own “REO-to-Rental” Platform
Posted on 27. Jan, 2012 by Bryan Ives.
Following the announcement that the federal government will be implementing a pilot program in the first quarter to sell Fannie Mae, Freddie Mac and Federal Housing Administration REO homes in bulk to potential investors, two California companies are in the works to develop their own rental platform.
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Investors Favor City Apartments Over Suburban Communities
Posted on 19. Jan, 2012 by Bryan Ives.
Apartment building sales continue to remain strong, but in some areas investors are opting to invest in properties in cities rather than the suburbs. Two deals in the Boston area serve as a prime example.
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NeighborWorks America Invests $1.3 Billion into Rental Homes
Posted on 13. Jan, 2012 by Bryan Ives.
NeighborWorks America invested over $1.3 billion in rental housing over the course of its fiscal year ending Sept. 30. The organization consists of 235 independent nonprofit organizations and owns or manages 90,000 rental homes. CEO Eileen Fitzgerald plans to build out the portfolio to exceed 100,000 rental homes through 2013.
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Elin Nordegren Demolishes $12 Million Mansion Due to Termites
Posted on 11. Jan, 2012 by Bryan Ives.
Tiger Woods’ ex wife, Elin Nordegren decided to have her $12 million dollar Palm Beach mansion torn down.
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Stolen Car Lands on Apartment Rooftop in Fresno
Posted on 05. Jan, 2012 by Bryan Ives.
“It’s a car on the roof,” said Ralph White, a family member inside the building told ABC affiliate KFSN-TV.
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Florida Cities Rank High in Rental Property Market Analysis
Posted on 29. Dec, 2011 by Bryan Ives.
The latest analysis of “Best Market to Invest in Rental Property” found that five of the top ten US markets were in Florida.
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Tom Brady’s Green Mansion Nears Completion
Posted on 21. Dec, 2011 by Bryan Ives.
Tom Brady’s green dream mansion in Los Angeles is nearly completed, and should be quite the touchdown pass to environmentalists.
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Most Expensive Manhattan Apartment rents for 165,000 a month
Posted on 19. Dec, 2011 by Bryan Ives.
After two years of renovation, one of Manhattan’s most expensive rental apartments foxtrotted its way onto the market.
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Bank of America looking into a Foreclosure Rental Program
Posted on 13. Dec, 2011 by Bryan Ives.
A new rental program where a home is rented back to the borrower after foreclosure has caught the interest of Bank of America.
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RealtyTrac Report Shows Foreclosures on the Rise
Posted on 09. Dec, 2011 by Bryan Ives.
A US Foreclosure Market Report for October was recently produced by the Irvine, CA based Realtytrac.
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Cypress Equity and Fifield Plan to Build 1,000 Apartments in Los Angeles
Posted on 07. Dec, 2011 by Bryan Ives.
Michael Sorochinsky , CEO of Los Angeles based Cypress Equity Investments and Steven Fifield, CEO of Chicago’s Fifield Cos., plan on developing 1000 new apartments in the Los Angeles area.
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Energy Benchmarking Program to Include Multifamily Housing in Seattle
Posted on 01. Dec, 2011 by Bryan Ives.
The owners of around 8,000 buildings in Seattle, Washington were recently notified that they are now required to take part in the city’s Building Energy Benchmarking and Reporting program.
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Fair Housing Act Lawsuit Settled in Rolla, Missouri
Posted on 23. Nov, 2011 by Bryan Ives.
Roger Harris agrees to pay $295,00 in monetary damages and civil penalties resulting from a Fair Housing Act lawsuit alleging sexual harassment, race and sex discrimination, retaliation and intimidation.
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College Students Rent Mansions in Merced, California
Posted on 16. Nov, 2011 by Bryan Ives.
The housing collapse created an interesting opportunity for Merced, California college students. Rather than move into the typical dorm or run down rental, students are opting to move into deluxe properties that took a major hit in the wave of foreclosures.
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D.C. Property Managers Steal 1 Million Dollars
Posted on 11. Nov, 2011 by Bryan Ives.
The FBI arrested the owners of a D.C property management company accused of defrauding an estimated million dollars from homeowners.
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Generation Y Will Raise Rents
Posted on 04. Nov, 2011 by Nora Betz.
According to a report compiled by Urban Land Institute, Generation Y will alter the housing market while creating a multi-generational household trend.
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GoldOller Buys 2,200 Apartments
Posted on 31. Oct, 2011 by Bryan Ives.
GoldOller Real Estate and Investments, LLC recently acquired Timberlake Apartments and the Glades Apartments. The purchase is part of GoldOller’s private, open-ended apartment acquisition fund launched in January 2010.
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More Than 1,400 Attend RealShare Apartments Conference 2011
Posted on 27. Oct, 2011 by Bryan Ives.
The latest RealShare Apartments 2011 Conference drew over 1,400 executives from the multifamily industry. Many industry leaders presented throughout the daylong event, providing some valuable insights regarding current market influences and trends.
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10 Cities with Rising Rents a Positive Sign
Posted on 17. Oct, 2011 by Bryan Ives.
A rebound in the real estate market is, of course, a key component of long-term, sustained economic recovery. The Reis research group compiled a list of some notable cities where rent increases may be most pronounced in 2011.
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Media Mogul John Malone is the Largest Land Owner in U.S.
Posted on 13. Oct, 2011 by Nora Betz.
With Ted Turner a close runner up, John Malone is now the largest land owner in the United States.
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Baby Boomers and the Housing Market
Posted on 23. Sep, 2011 by Nora Betz.
According to NAR, baby boomers could reinvigorate the real estate market for a couple of reasons.
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Recyling Bins Now Required for Apartment Complexes in California
Posted on 13. Sep, 2011 by Aimee Miller.
In California, Governor Jerry Brown recently signed the Renter’s Right to Recycle Act, requiring landlords to offer recycling bins and services for cans, plastic and paper in complexes with five or more apartment units.
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Is It Time to Invest in Rental Property?
Posted on 12. Sep, 2011 by Nora Betz.
Now might be the perfect time to put invest in rental property. “As with many investments, the best time to get in is when most others are sitting on the sidelines,” reports CNN Money online.




