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VIRGINIA BEACH, VA-The 430-unit multifamily property known as Chase Arbor Apartments gets a new owner in a $33-million deal. A UBS Realty Advisors client sold the property to Edwin A. Joseph, whose company will assume management responsibilities.
BALTIMORE-MuniMae starts off the year with a bang, as evidenced by the company's arrangement of $154 million in multifamily housing financing during the first quarter of 2003. The lender also managed to add $107 million to its coffers through two capital-raising campaigns.
BALTIMORE-Heeding the mayor's call for more grocery stores in the city, Santoni's Supermarket will give shoppers more to shop for with a 3,000-sf addition to its 27,000-sf store. Area business organizations are pitching in to help fund the $2.4-million project.
ANNAPOLIS, MD-The Chesapeake Innovation Center, the nation's first incubator to focus on homeland security technology companies, is on schedule to offer its services and office facilities in a 24,000-sf space here. CIC will be ready to welcome new businesses in June.
WASHINGTON, DC-The Department of Housing and Urban Development releases SuperNOFA, the annual, fiscal-year package that spreads the word about available funds to be allotted to competitive bidders developing affordable housing. For fiscal year 2003, $1.8 billion in grants is available.
BALTIMORE-Colliers Pinkard reshuffles the top of its masthead with the selection of company executive vice president David M. Gillece to inhabit the position of president. Gillece replaces current president Walter D. Pinkard Jr., who will now serve as company chairman.
RESTON, VA-The San Diego-based Titan Corp. carves out 282,000 sf for itself in the 425,000-sf Two Freedom Square building here. Titan culled the class A space through both direct and sublease deals.
BALTIMORE, MD-The Staubach Co. shines its light on the City of Baltimore with the opening of a new office in the city's central business district. Two industry heavy-hitters will head up the new locale, which will start out focusing on the industrial market.
RICHMOND, VA-In an effort to bring a higher quality shopping environment to its customers, Circuit City Stores Inc. looks to Millennium Retail Partners for help in buying or leasing new store spaces across the country. The company's goal is to open 50 34,000-sf stores in 2004.
RANDALLSTOWN, MD-The Deer Park Apartments complex becomes the property of Apartment Services in a $9.5-million deal with seller Equity Management/Advantage Properties. The 168-unit residential compound is valued at $4.2 million.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
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Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
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Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource