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Fannie's Small Loan Program Draws Interest, Though Few Deals Make the Cut
Multifamily borrowers looking for small loans have to look a little harder these days.
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Riverstone Hires SVPs
Craig Rooney has been named senior vice president of Dallas-based Riverstone Residential Group. Rooney will oversee a portfolio of more than 12,000 apartments units located in Southern California.
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Green Toilet ~ Cool Roof ~ Cool Attic ~ Steel Driving Gun ~ Have a Blast ~ Starter Strip Marries Skirtboard ~ Precision Dry Stack ~ Self-Sealing Furring Nail ~ Termite Treatment
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IESNY Sponsors Four-Part Series on the Incandescent/CFL Lamp Debate
On April 21, 2007, The Illuminating Engineering Society's New York chapter held the first in its series of four panel discussions regarding the incandescent/compact fluorescent lamp debate. Representatives from the three major lamp manufacturers—General Electric (GE), Osram Sylvania, and...
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Forming foundation walls; warranty caution; more
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Report from Greenbuild
greenbuild , the annual international conference and expo organized by the U.S. Green Building Council (USGBC) was held this November in Atlanta. Attended this year by nearly 12,000 people (up 3,000 from last year), Greenbuild attracts a larger audience every year. Keynote speakers included...
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More borrowers opt for defeasance Appreciated values, sale and refinanceopportunities outweigh considerable defeasance costs in many cases.
As interest rates and operating expenses rise, more apartment owners are using defeasance of their securitized mortgages to tap trapped equity and refinance before rates get too high.
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NEWS
Multifamily industry leaders, who have complained that the federal government neglected their help in the post-hurricane Gulf Coast cleanup, are urging the government to adopt a more apartment-friendly approach.
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WHEDA puts more money into preservation
Madison, Wis. — The Wisconsin Housing and Economic Develop-ment Authority (WHEDA) has committed another $10 million to its Wisconsin Saving Our Stock (SOS) program, which focuses on preserving Sec. 8 units.
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Clear finishes that preserve the natural look of exterior woodwork take a beating in any climate but have an even harder time withstanding the onslaught of sun, salt, and moisture in coastal climes. In this article, we go to boatbuilders, paint chemists, door-finishing specialists, and marine...