By Keat Foong, Executive EditorTucson, Ariz.–The Phoenix, Ariz.-based Hendricks & Partners represented Equity Residential in the sale of Skyline Gateway Apartments for $18.4 million. The property is situated in an A+ location, at 4601 East Skyline Drive here at the top of the Santa Catalina Foothills. It is close to upscale shopping, restaurants, hotels and [...]

By Debra Stein, President of GCA StrategiesThe room is packed with shouting, sign-waving opponents. The public record is crammed with postcards, petitions and protests against your development project. Public officials seem reluctant to establish eye contact with you, and city staff continues to insist that you “do something” about community opposition. So what do you [...]

By Anuradha Kher, Online News EditorCarrollton, Texas–Henry Pye and his JPI Resident Solutions team of multifamily technology advisors will join RealPage, effective January 1, 2009. They will continue to provide resident services and technology consulting to multifamily owners, developers, managers and builders under the newly created Resident Technology Solutions group within the Velocity division of [...]

By Anuradha Kher, Online News EditorWashington, D.C.–Apartment firms benefited from lower insurance costs across the board and more insurance availability in 2008, according to the National Multi Housing Council’s (NMHC) annual Apartment Cost of Risk Survey (ACORS).  On average (nonweighted), apartment firms saw a 17 percent price decrease in 2008.  This compares favorably with the [...]

(This story first appeared on the Commercial Property News Web site.)New York–On a global level, there are no geographical boundaries when it comes to affordable housing shortages. And with that topic in mind the United Nations Economic Commission for Europe (UNECE) recently held a seminar in New York City along with its Real Estate Market [...]

By Anuradha Kher, Online News EditorEverett, Wash.–Alliant Capital LLC recently provided $4.5 million in financing for the Parkview Apartments (pictured), an 84-unit garden-style apartment community built in 1981. The property is comprised of seven residential buildings. Parkview is financed under Alliant’s Fixed + One program and it has a 10-year term with 30-year amortization.   Meridian [...]

By Erika Schnitzer, Associate EditorPearland, Texas—Historic Real Estate Inc., a Houston-based private real estate investment and development company, has released plans for the WaterLights District, a  $700 million, 155-acre master planned community designed for LEED (Leadership in Energy and Environmental Design) Gold certification.WaterLights will offer up to 1,400 residences, in addition to retail, offices, restaurants, [...]

CaesarStone has introduced Color Expressions 09, a new series of premium quartz surfaces, featuring eight new colors to be added to its existing line of over 40 innovative colors, including multiple textures and finishes.CaesarStone’s quartz surfaces are designed to complement all applications, from traditional to contemporary.The new color series includes:Smoky Ash: This recycled color comprised [...]

By Anuradha Kher, Online News EditorNew York–A new residential condominium building, located at 456 West 19th St., in New York’s Chelsea neighborhood, has officially launched sales. The architecture is inspired by the neighborhood’s classic industrial modern architecture, with a hand-laid black brick exterior and multi-paned steel windows reminiscent of the nearby Starrett-Lehigh Building. Architect and [...]

By Eugene Gilligan, Multifamily EditorBruce Robinson, president & CEO of Balfour Beatty Communities L.L.C.—a developer and operator of military privatization housing projects for the Army, Navy and Air Force—talks  about military-housing trends and the sector’s 2009 outlook.CPN: Have any amenities become must-haves in military housing?Robinson: Community centers are a big plus, a place where Cub [...]