News - Multifamily Housing Industry News and Archive Information for Multifamily Executives

Bethany Group assets sold, Fairfield's bankruptcy is no surprise, and more industry news.

Industry News

Recent Political Shifts Should Matter to Multifamily Industry
Political preferences aside, what's going on in Washington, D.C. matters. And it will have significant ramifications for multifamily owners and operators.
Yardi Moves into Resident-Screening Sector
Santa Barbara, Calif.-based Yardi Systems announced Feb. 16 that the multifamily software and services firm purchased Waltham, Mass.-based online resident screening company RentGrow in a continuing effort to bolster the Yardi Multifamily Suite, a collection of ancillary business solutions including portals, payment processing, utility billing, procure-to-pay, and call centers that are integrated into the core Yardi Voyager software platform.

Colonial Looks to Make Cash Raise
Birmingham, Ala.-based multifamily real estate investment trust Colonial Properties Trust announced March 4 that the company had filed a prospectus supplement with the U.S. Securities and Exchange Commission to sell up to $50 million of the REIT's common shares via an "at-the-market" offering.
Non-GSE Lenders Start Gaining Traction
Life insurance companies, commercial banks, mortgage REITs and even conduit lenders are providing some healthy competition to the government-sponsored enterprises.
Shaun Donovan: FHA D4 Changes are Necessary
The proposed underwriting changes to the FHA's Sec. 221(d)(4) program are necessary to ensure the long-term viability of the program, says U.S. Department of Housing and Urban Development Secretary Shaun Donovan.

Landmarks: Eastern Columbia Building, Los Angeles
The historic Eastern Columbia Building in L.A. now features 147 loft-style living units.
8 Hot Kitchen Trends for 2010
Three leading designers whip up a recipe for winning kitchens in the new economy.
Universal Design Holds Universal Appeal
Winners of AARP’s 2010 Livable Communities Awards blend good looks with comfort, convenience, and safety for all ages.