NY Condo, Co-Op Owners Face Escalating Charges in 2011
New York–A new report by Cooper Square Realty Inc. contains some unpleasant news for condo-unit owners and co-op shareholders in the city.
Rockwood Capital and Partners Snap Up 849-Unit Miami Luxury Condo for $141M
Miami–Everglades on the Bay, a mixed-use luxury condominium property in Miami, has just traded for far, far below replacement cost.
Seniors and Affordable Green Multifamily Projects under Way in Chicago
Chicago–Ground has been broken for the New Admiral at the Lake, a 31-story life-care/continuing-care retirement community on the North Side of Chicago.
Camden Fund Picks Up Two Properties, Wants More
Houston–Camden Multifamily Value Add fund has made its first apartment property purchases in more than two years with the acquisition of the 306-unit Camden Yorktown complex in Houston and the 110-unit Camden Ivy Hall property in Atlanta.
PODCAST: December Market Update
NAHB Economist Bernard M. Markstein, III discusses the most recent market trends, including buying trends, building materials and multifamily starts.
Fannie Mae Mostly Optimistic about Multifamily in 2011
Despite stubbornly high unemployment, multifamily fundamentals improved during the third quarter of 2010, but the sector’s recovery is expected to pull back slightly during the fourth quarter.
Gimme Shelter with Daniel Gehman: Sounds Crazy, but It Just Might Work
Like almost every other facet of development, the protracted process of obtaining project approval is not for beginners or the faint of heart.
UMCA Appoints Levkus to Board of Directors
SANTA BARBARA, Calif.—Martin Levkus, general manager of Yardi EBS utility billing, has been appointed as a director of the Utility Management and Conservation Association.
Multifamily Industry Expects Strong 2011
Investor interest in multifamily properties has been on a roll in 2010, and a JLL survey predicts that momentum isn’t going to slow down next year.
USGBC’s LEED Automation Will Enhance Green-Building Communication
The U.S. Green Building Council has introduced the new program LEED Automation, which will streamline the LEED certification process and advance data-tracking capabilities.