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The continued erosion of the low-income housing tax credit market cut deeply into debt origination volumes, and many lenders posted their worst numbers in years. In short, a falling tide sinks all boats. FULL ARTICLE Multiple sources have confirmed to Multifamily Executive that Carrollton, Texas-based multifamily software and technolgy services provider RealPage has agreed in principle on the acquisition of Cincinnatti-based property management software firm Domin-8.
FULL ARTICLE After buying a trophy property in Arlington, Va., late last year, Chicago-based Equity Residential continues to add apartments to one of the largest apartment portfolios in the country. FULL ARTICLE Affordable housing owners looking to purchase property management software face many different and difficult choices. For smaller companies, evaluating the software market for the first time can be a little overwhelming. There are a variety of providers that all feature similar features, and it’s difficult to know where to start.
FULL ARTICLE The Community Preservation Corp., a nonprofit affordable housing lender for the New York City area, is finally getting rid of its spreadsheets. The company has partnered with IBM on a new construction loan processing software that should make the process more efficient—and help borrowers get their money more quickly.
FULL ARTICLE While the market for new construction of tax-credit deals remains sluggish, some affordable housing lenders are finding success focusing on preservation deals.
FULL ARTICLE
The top deals of 2009 each have their own story to tell, but the stories are woven together by one common theme—creativity. Many buyers took new steps, such as acquiring their first failed condo deals or purchasing their first distressed notes. In all, the 2009 Deals of the Year exhibit a certain stubborn resolve, an on-the-fly ingenuity that refused to concede defeat, despite the worst recession in years. FULL ARTICLE Three unconventional sectors—student housing, transitoriented development, and workforce housing—are poised to become viable alternatives to standard market-rate developments. FULL ARTICLE | APARTMENT FINANCE TODAY Events/Announcements
When it comes to finding debt and equity in this economy, we are facing a new world order. That’s why, at the 2010 Apartment Finance Today Conference, held April 12-14, 2010, at the Harbor Beach Marriott in Ft. Lauderdale, you’ll discover strategies for maximizing NOI, minimizing costs, searching for opportunities, and deploying your precious resources. Register today. Check Out HousingCrisis.com Hanley Wood's HousingCrisis.com is a unique source about the real estate and construction economies with news, data, and conversation about your smartest options. We’ll highlight exclusive articles, related stories, and linked resources from across our publishing network -- in real-time -- so that you’ll have information you need, a step ahead of the moment you need it. Go to HousingCrisis.com Check our online calendar for upcoming events. HOUSING
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