Archive for February 2011
Bozzuto Kicks Off 121-Unit Suburban Baltimore Townhome Project
Towson, Md.–Bozzuto Homes prepares to bring 121 new for-sale townhomes to Towson with Towson Green, a $40 million residential development outside of Baltimore.
Read MoreTODAY’S DEALS: Security Properties Acquires 276-Unit Property in Colorado
Security Properties acquires a 276-unit Denver-area multifamily complex; NAI represents buyer and seller in $16M sale; and Marcus & Millichap brokers the sale of a 126-unit assisted-living property.
Read MoreRealPage Launches Automated Repayment Program
Carrollton, Texas–RealPage, Inc. has launched an automated repayment service for its OneSite Affordable customers, giving property owners a new tool to recover lost revenue by more easily tracking subsidies tenants owe to the Department of Housing and Urban Development (HUD).
Read MoreReston Station Apartments May Begin Next Year
Reston, Va.–Ground breaking for the first component of Reston’s first TOD–a 1.3 million square-foot, mixed-use development–has been set for this spring.
Read MoreEconomy Watch: Multifamily Starts Hot, Single-Family Starts Not
An increase in multifamily starts offset a drop in single-family housing starts in January; and analysts are worried about inflation, although the Fed isn’t.
Read MoreMBTA Vote Paves the Way for Big TOD Project in Suburban Boston
Somerville, Mass.–MBTA’s recent vote in favor of a new Orange Line T station marks a big step forward for a massive mixed-use, transit-oriented development in Somerville.
Read MoreDavid Reznick Provides Advice for Affordable Housing Developers
David Reznick, co-founder and chairman of the board of the accounting and tax advisory firm of Reznick Group, describes lessons affordable housing developers can learn as a result of this downturn.
Read MoreReston Station Apartments May Begin Next Year
Reston, Va.–Ground breaking for the first component of the Reston Station Metro Facility–which will form the foundation for Reston’s first TOD, a 1.3 million square-foot, mixed-use development–has been set for this spring.
Read MoreTODAY’S DEALS: CBRE Arranges $45M for Mich. Student Housing
CBRE capital markets has arranged $45 million in financing for the construction of a 606-bed student housing project next to the University of Michigan; Grandbridge supplies $19.85M for Florida apartment; and Alliant Capital LLC closes a $3.4 million loan to refinance Chicago’s Powhatan Apartments.
Read MoreGrubb & Ellis Creates Daymark Realty Advisors
Santa Ana, Calif.–Grubb & Ellis Company has created Daymark Realty Advisors, Inc., a wholly owned and separately managed subsidiary, to manage the company’s entire tenant-in-common portfolio.
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