Archive for September 2009
JLL Launches JV with Real Estate Disposition to Auction Commercial Property
In response to a growing need for owners, banks and servicers to quickly liquidate commercial property, real estate owned (REO) and both distressed and non-distressed commercial notes, Jones Lang LaSalle has launched a joint venture with Real Estate Disposition LLC (REDC) to provide an online auction sales platform that creates a market for optimal commercial property and note disposition.
Read MoreKensington’s Ann Arbor Student Housing Community Now Complete; Most Units Leased
The Courtyards Student Apartments, which is owned by Ann Arbor Campus Housing, LLC, an affiliate of Kensington Realty Advisors Inc., recently completed its third and final phase of its 896-bed, off-campus community.
Read MorePinnacle Expands Into the Midwest; Office Was Strategic Objective, Says Kevin Charcut
Pinnacle has opened a new office in Kansas City, Mo. The new office is the headquarters for the Great Plains region, which includes Missouri, Nebraska, Kansas, Colorado, Wyoming and southern Iowa. The regional office is strategically located to offer enhanced service and access to Pinnacle’s growing resident and client base.
Read MoreInternational Buyer Demand for U.S. Real Estate Decreased Due to Recession
Interest in U.S. real estate from international buyers declined due to the worldwide recession and severe credit crunch, according to the 2009 National Association of Realtors Profile of International Home Buying Activity.
Read MorePrudential Preferred Properties and Rubloff Residential Properties Merge
Prudential Preferred Properties and Rubloff Residential Properties have merged to form Prudential Rubloff Properties, an independently owned and operated firm with 17 offices and nearly 900 sales professionals and staff.
Read MoreBuy L. A. Now
How many times in the past year have I found myself saying, “You know, when the next recession comes along, doggone it, I’m going to have a hundred grand laying around so I can take advantage of these dang fire sales that are constantly tempting me.” Wishful thinking only? Well, perhaps, but let me explain…
Read MoreDeveloping an Energy Management Plan
“Every penny counts” may sound like a tired cliché, but in the new economic order this mantra has more resonance than ever. By happy coincidence, energy management presents apartment community owners with an opportunity to improve their financial performance while addressing another area of growing significance: their properties’ environmental performance, particularly as it relates to energy consumption.
Read MoreDeveloping an Energy Management Plan
“Every penny counts” may sound like a tired cliché, but in the new economic order this mantra has more resonance than ever. By happy coincidence, energy management presents apartment community owners with an opportunity to improve their financial performance while addressing another area of growing significance: their properties’ environmental performance, particularly as it relates to energy consumption.
Read MoreGreen 101: Maximize Green Construction and Renovation with Energy-Saving Glass and LEED
To get the most out of green construction or renovation, developers need to think about a project as an integrated whole whose value can far exceed the sum of its parts. That’s the promise of green design as exemplified in the Leadership in Energy and Environmental Design (LEED) certification process of the United States Green Building Council. LEED is quite effective at delivering energy-saving performance within budgets comparable to those for traditional construction.
Read More‘The Green Picture’ with Erika Schnitzer: 1,000 Green Supers in One Year
Does it matter how green your buildings are if the people responsible for their daily operations don’t know how to properly maintain their sustainable lifestyle? In New York City, Urban Green (the city’s chapter of the U.S. Green Building Council) and 32BJ, a building service workers union, have launched a plan to train 1,000 green…
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