Multifamily

WASHINGTON, DC-Members of the multifamily housing industry petition Congress for what they say are much-needed changes to the Section 8 Housing Choice Voucher Program.

ORLANDO-The vacation rentals and timeshare booking service is adding 498 condominium units to its management/marketing portfolio with the signing of Maesbury Homes Inc.'s 116 rental condos on Lake Davenport. The value of the contract wasn't disclosed.

MINNEAPOLIS-Burns International Security Services officers three-day training sessions on working with Somali and Muslim residents in Minneapolis Public Housing Authority buildings in the wake of allegations of hate incidents, discrimination and mistreatment.

SHARON, MA-The local conservation commission sponsors a plan to seize a 347-acre parcel here, known as Rattlesnake Hill, by eminent domain. The town had attempted to purchase the site last year but the proposal was defeated at the polls.

SAN DIEGO-A report by Burnham Real Estate Services shows that the bright spot in the San Diego real estate market continues to be apartments.

HOUSTON-Trimark Realty Investments' $48.2-million refinancing is driving a buying spree that has 1,400 units in Dallas-Fort Worth under contract and offers out on seven more Houston properties. Trimark says there's enough liquidity for 2,000 to 3,000 units.

OAKLAND, CA-The revitalization efforts, which began in mid-2000 between the city of Oakland and Fannie Mae, is designed to help the city, local developers, banks and nonprofits finance the creation or renovation of nearly 450 units of affordable housing in West Oakland.

LONDON-Occupier demand for commercial property is undoubtedly softer. <I>UK Quarterly Market Beat</I>, Healey &amp; Baker's latest review of the UK market, holds mixed news for those looking to property as a bellwether of the wider economy