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  • Gebroe-Hammer Arranges Sale of 13 Fully Renovated Multifamily Units

    CLIFFSIDE PARK, NJ–The sale of a 13-unit apartment building at 344 Gorge Rd. in Cliffside Park, NJ for $1.625 million has been completed by Gebroe-Hammer Associates after a dozen interested buyers competed to make the purchase.
    The brokerage team of David...  more
  • Aimco Purchases Upscale Apartments in a Desirable Phoenix Submarket

    Apartment Investment and Management Company ("Aimco") (NYSE: AIV) has acquired San Melia Apartments, a 488-unit community located at 14435 S. 48th Street in Phoenix, Arizona. Aimco purchased the luxury apartment community from Investment Property Associa...  more
  • PRIMEDIA Completes Acquisition of Rent.com from eBay

    PRIMEDIA, the premier renter resource for apartment and rental home information and listings, announced today that it has completed the acquisition of eBay Inc.'s Rent.com subsidiary. The acquisition creates the industry-leading resource in the fast-growi...  more
  • Centerline Capital Group Provides Financing for the Acquisition of a Student Housing Property

    Centerline Capital Group ("Centerline"), a provider of real estate financial and asset management services for affordable and conventional multifamily housing, and a subsidiary of Centerline Holding Company (OTC: CLNH), announced today it has provided a $...  more
  • Funding Opportunities for Fannie Mae and FHA loans

    Clopton Capital, a secondary market commercial real estate lender which provides commercial loans for income producing properties nationwide, is announcing they are actively looking for Fannie Mae and FHA commercial mortgage funding opportunities for mult...  more
  • Adler Buys Land for Biscayne Bayfront Multifamily

    MIAMI—Multifamily is on the upswing in Miami. The latest developers to announce a new joint venture multifamily project are Adler Group and ECI Group.
    Miami’s Adler and Atlanta’s ECI aim to tap into the rising demand for Miami multifamily with a project t...  more
  • Improving property financial performance for the new manager

    Whether you are new to the manager role, or the new manager to a property, chances are you inherited a number of financial problems that need to be resolved in order for you to achieve optimum financial performance. This series of short, related articl...
  • The REAL A-list

    In the multifamily industry, you are always hiring. It's just that start dates are "to be determined".
  • The Power of a Testimonial - 3X5?

    “My last rent check to Ashley Park Apartments. How sad!! XOXO (signature)”
    The note was hand-printed in blue ink on a lined 3-by-5 index card with the signature clearly legible. The paper clip where the check had been affixed still clung...
  • The Importance of Having an Exit Strategy

    So you just invested in an apartment complex, which you insist was a steal of a deal. You have all of your plans in place, including an apartment manager and support team hired to get the units leased out; you even have