Dealmaking

Social Networking and Viral Marketing Are Multifamily's Future

Social networking, viral marketing, and Web-based applications will be the wave of the future, so long as someone figures it all out.

Life in the Fast Lane: Indianapolis Mulitfamily Market

It's a timeworn truism: Different markets see vast improvement at different times. For Indianapolis, that time is now. After watching its Midwest neighbors, especially Chicago, see tremendous fundamental growth and market tightening over the past 12 to 18 months, the Indianapolis apartment market is now seeing marked advancement in effective rents and occupancy levels. With its diverse economy and population growth, Indianapolis has outperformed neighboring markets over the past year, and its economy is projected to grow at a faster pace than the national average into 2010.

Texas Tenacity: Dallas Multifamily Market

Ready for Growth: Revenue Performance Up

The U.S. apartment market staged a strong performance in the second quarter, according to Marcus & Millichap's quarterly

Lasco Bathware and Aquatic Whirlpools Announce Merger

New company, called Aquatic, announces merger at IBS 2010, introduces new accessible bathtub.

Colliers, FirstService Combine

In a move that caps five years of frenzied expansion, FirstService Real Estate Advisors and Colliers International have combined their operations and global real estate services platforms.

RealPage Acquires EverGreen Solutions, A.L. Wizard

New Carrollton, Texas-based RealPage is expected to announce its acquisition of Washington, D.C.-based EverGreen Solutions this week, RealPage CEO Steve Winn confirmed in an exclusive interview with Multifamily Executive today. One of the industry's leading tech consultancy and software implementation services firms, EverGreen is largely noted for its significant client base of Santa Barbara, Calif.-based Yardi Systems users. Yardi offers several applications that compete with RealPage products and services.

RealPage Hires Exec to Steer Expansion into Niche Markets

This month, Carrollton, Texas-based multifamily technology firm RealPage announced its hire of Michael Britti as senior vice president of the company’s newly formed mergers and acquisitions group. Britti will immediately assume all major RealPage M&A efforts from RealPage founder and CEO Steve Winn.

Economists Offer Restrained Projections For 2010

NAHB’s David Crowe: ‘The builders who are here are the survivors.’

Experts Don’t See Corus’ Assets Setting Bottom

When eight bidders were jockeying to get a slice of Corus’ assets back in September, there was hope that the transfer of the failed Chicago-based lender’s assets would set a bottom in some markets. But it doesn’t look like that will happen anytime soon.

FDIC Sells Corus Bank’s $4.5 Billion Loan Portfolio to Investment Group

Starwood Capital and other investors now control properties that include 12,000 condo units.

Finding Shelter

Faced with plummeting prices and an exodus of investors, the market for low-income housing tax credits (LIHTCs) is at a historic nadir.

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.