Melo Group Begins Sales for New Miami Development
Miami-based real estate development company Melo Group has announced that it has kicked off sales for its newest downtown Miami project, Aria on the Bay.
Meet the 2014 MHN Excellence Awards Judges
MHN was pleased to host the judging for the 2014 MHN Excellence Awards July 10 and 11 in New York. The judges consisted of industry veterans from sectors such as financing, development and interior design. Read more about them below.
HFF Arranges Debt Construction Financing, Joint Venture Equity for Class A Community
HFF has announced that it has brokered the debt construction financing and joint venture equity for NOVUS Odenton Station in Odenton, Md. The borrower is NOVUS Residences, which is targeting completion of the Class A, transit-oriented community by early 2015.
California Market Report May 2014-Additional California Markets
As reported in the May edition’s California Market Report, San Francisco remains California’s top market for multifamily growth, while Los Angeles and San Diego are experiencing a slower recovery from the downturn. The state as a whole is showing improvement, albeit slow, on the development front and acquisitions of existing assets remains extremely competitive in most of the markets around the state.
From the Editor: On the Cutting Edge of ‘Green’
Before the final decision is made. One amenity that’s sure to get their attention is the on-site vegetable garden. Whether it’s on the roof or at ground level, offering residents the opportunity to grow their own produce is not only the cutting edge thing to do—it also immediately raises your organization’s green profile.
MHN Interview: Peter Febo of Taconic Investment Partners
MHN catches up with Taconic Investment Partners’ Peter Febo — who was recently promoted to the newly created COO spot — about the company’s growth and development pipeline.
Developer Confidence Slides in Fourth Quarter 2013
The National Association of Home Builders found that developer confidence slipped in the fourth quarter of 2013, citing a four-point drop to 50 in its Multifamily Production Index (MPI).
Advenir Acquires a Sizable Community in Texas
Advenir acquires a 295-unit Class A community in Mesquite from Virtu Investments.