White Plains Housing Authority, Jonathan Rose Companies to Develop $42.18M Affordable Housing Community
The White Plains Housing Authority in partnership with Jonathan Rose Companies has broken ground on a $42.18 million affordable housing community, The Prelude, in the first phase of efforts to revitalize at the Brookfield Commons campus in White Plains, N.Y.
Condos Still Available at South Loop Luxury by Related
With condominium inventory at fewer than 450 units in the Chicago area, according to Appraisal Research Counselors, buyers looking to own their own residence in the area still have options. More than 300 units have been sold at South Loop Luxury by Related but there are still residences available at the trio of buildings in Chicago’s South Loop neighborhood.
Sacramento Affordable Housing Community Receives Grant for Green Upgrades
Mutual Housing California has been awarded a $5,000 grant from the Bank of Sacramento in order to make green renovations at Greenway Village Mutual Housing Community, a 54-unit affordable housing community located in South Sacramento, Calif.
Bijou Properties, Intercontinental Break Ground on New Development
Ground has broken on an $83 million luxury multifamily project in Hoboken, N.J., via a joint venture between Bijou Properties and Intercontinental Real Estate Corp. The project, 900 Monroe, is located next to the 9th Street Light Rail Station.
Aquinas Realty Partners Breaks Ground on Philadelphia Community
Aquinas Realty Partners, along with Philadelphia Mayor Michael A. Nutter, City Council President Darrell Clark and the Philadelphia Redevelopment Authority, recently hosted a groundbreaking event for a redevelopment project located at 2017-2023 Chestnut Street in Philadelphia.
Second Phase Complete at L+M’s Candlestick Heights Community in SF
L+M Development Partners celebrated the completion of the second phase of construction this month at the company’s first California community, Candlestick Heights, in San Francisco.
ZOM Moves Forward With a Pair of New Developments in Miami
Luxury multifamily developer ZOM announced that it has closed on a pair of separate transactions that put the developer and its joint venture partners in positions to add more than 800 high-end rental apartments to the South Florida Market.
Bascom Closes on 138-Unit Community in Whittier, Calif.
The Bascom Group has announced that it has acquired Four Winds Apartments in the South Los Angeles County city of Whittier, Calif. for a price of $13.4 million or $97,101 per unit. The 138-unit, garden-style community is located at 8121 Broadway Avenue in Whittier and marks The Bascom Group’s second purchase in Southern California in that past two months.
Perspective: Ancillary Income In the Year 2019
It’s easy to look back at the 1980s as the far distant past with its big hair, curious clothing choices and antiquated technologies. After all, think how far we’ve come since rotary phones, VCRs, camcorders and the Sony Walkman. Yet, when you look at the past, some things really haven’t changed at all. In effect, these root features make up the core functionality that created the rise of the Internet itself and the now ubiquitous smart phones which are enabled by it.
Raleigh, N.C., Tops the List for Highest Renter Customer Satisfaction, Study Says
Raleigh, N.C., was recently ranked No.1 for online renter satisfaction according to a study released by J Turner Research, a Houston-based company that exclusively specializes in market research for the multifamily industry.