July 24, 2007 | Vol. 5 No. 15

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Volume 5 - Number 15 | July 24, 2007

TOP STORY: NAI Global Forms One-Stop Multifamily Shop
By Sule Aygoren Carranza
In an effort to leverage the coverage of its network and capitalize on investors’ interest in multifamily product, NAI Global formed a specialty practice group focused on the apartment sector.

Despite Recent Weakness, DC Area Remains Top Market
By Sule Aygoren Carranza
As it’s been for several years, it’s nothing but stellar performance for the Washington, DC metro market. Among the factors working in the region’s favor is a solid job market.

Hillwood-Branded Plan Starts With 6,000 Units
By Connie Gore
Hillwood has laid the foundation for a new division, a multifamily development group, to build and brand up to 6,000 units on ready-to-go zoned land in the 17,000-acre AllianceTexas here.

Rents are Mixed Throughout Northeast Markets
By Sule Aygoren Carranza
Average rental rates for multifamily product throughout the Northeast are mixed, reports Sunrise Management & Consulting in its most recent study.

High Costs of Renting Makes Grass Look Less Green
By Sule Aygoren Carranza

Short Takes: GE Real Estate, Crestyl Buy Assets of Czech Residential Firm

Executive Moves: NAHB Multifamily Board Names Next Chairman

Recent Transactions: AMCAL Building Affordable Seniors Community