Items Tagged with 'multifamily'

ARTICLES

  • Fannie Mae wants affordable housing developers to focus on resident wellbeing

    GSE now offer loan discounts for certain multifamily properties
    Last year, Fannie Mae launched a program designed to increase the development of healthy living options for residents of affordable, multifamily rental properties. Now, Fannie Mae is rolling out a new program feature encouraging developers to focus more on the health and wellbeing of their residents by offering a lower borrowing rate.
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  • Realtor.com picks Apartment List as exclusive provider of apartment community listings

    Apartment List also providing listing data for Facebook
    Last month, Facebook announced that it was launching a massive push into real estate, bringing apartment rental listings to its Marketplace. The listings are powered by Apartment List and Zumper. But as it turns out, powering Facebook’s real estate listing movement isn’t the only big deal that Apartment List inked lately.
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  • RealPage continues expanding, agrees to buy On-Site for $250 million

    Acquiring leasing and marketing platform for rental properties
    This year really is turning out to be a year of expansion for RealPage, as for the fourth time in 2017, RealPage, a provider of software and data analytics to the real estate industry, announced that it is acquiring another company. RealPage announced Wednesday that it is acquiring “substantially all of the assets” of On-Site Manager for approximately $250 million in cash. That brings RealPage’s total expansion expenditures for 2017 to just shy of $700 million.
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  • Fannie Mae EXCLUSIVE: The crisis in affordable rental housing, Part 2

    Working toward solutions
    With the Section 8 Housing Choice Voucher Program, low-income renters in the program pay 30% of their incomes toward housing, with the federally funded program paying the balance to the landlord up to a set maximum. Demand is so great, however, that thousands of families can linger for years on waitlists in some cities with no assurance they will ever receive a voucher. Created in the 1970s, it may be time to take a fresh look at the voucher system to ensure we're effectively serving today's households.
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  • Fannie Mae rolls out Healthier Housing Rewards for multifamily properties

    Now offering price break for developers who include healthier design elements
    Fannie Mae this week rolled out a new program designed to boost the development of healthy living options for residents of multifamily properties. The program, called Healthy Housing Rewards, is an initiative that targets the developers and offers them an incentive to include healthy design features for newly constructed or rehabilitated affordable, multifamily rental properties.
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  • Fannie Mae EXCLUSIVE: The crisis in affordable rental housing, Part 1

    How we got here
    Multifamily construction didn’t really rebound after the crash until 2013. Even still, it's playing “catch up.” In addition, construction of subsidized housing has declined as a percentage of all new multifamily construction and now represents only around a fifth of new construction annually – not enough to keep pace with demand. This is the first of a two-part EXCLUSIVE from Fannie Mae to readers of HousingWire.
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  • RealPage continues expansion with $300 million acquisition of Lease Rent Options

    Will increase company’s real-time pricing data
    Earlier this year, RealPage, a provider of software and data analytics to the real estate industry, announced plans to expand its apartment data offerings with the $75 million acquisition of Axiometrics. Well, it turns out that RealPage isn’t done expanding yet. The company announced Monday that it reached an agreement to acquire Lease Rent Options and related assets from The Rainmaker Group for $300 million in cash.
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  • RealPage seeks to build apartment data giant with acquisition of Axiometrics

    Also signs long-term deal with Real Capital Analytics
    RealPage, a provider of software and data analytics to the real estate industry, is growing its operation and seeking to create an apartment data giant with a pair of deals - acquiring “substantially all of the assets” of Axiometrics, a provider of apartment market data, for approximately $75 million; and entering into a “long-term” deal with Real Capital Analytics, a provider of multifamily sales transaction data and analytics.
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