Rohit Anand: Customizing Amenities for Apartments
Architect Rohit Anand, principal of KTGY Group, discusses the importance of customizing amenities for specific multi-housing audiences, next-generation trends in amenities and an apartment community KTGY is designing in California in conjuction with Facebook.
TODAY’S DEALS: Veritas Acquires $100M in Multifamily Mixed-Use Properties in San Francisco
Veritas Investments Inc. announced the acquisition of a 14-property portfolio of multifamily mixed-use buildings in San Francisco; and Walker & Dunlop provides a $44.2 million bridge loan for Nashville apartments.
TODAY’S DEALS: LCOR Secures $49M+ Construction Loan for Mixed-Use Community
LCOR has closed on construction financing for its 304,271 sq. ft. mixed-use project at 638 Bloomfield Ave. in Montclair, N.J.; and Cohen Financial arranges more than $5.4 million for an acquisition.
Special Report: NMHC/Kingsley Resident Lifestyle Survey Yields Unexpected Findings
The results of the NMHC/Kingsley Apartment Resident Lifestyle Super Survey delivered some surprises.
TODAY’S DEALS: Berzack Completes Sale of Mixed-Use Land Site for 54 Apts.
An apartment site entitled for 54 units was sold in N. Hollywood, Calif.; and Essex brokers the sale of a building In Evanston, Ill.
APARTMENT MARKET STATISTICS: November 2013
Apartment transactions fell in the second quarter 2013 to $16.97 billion from the first quarter, according to PPR, a Costar company. Meanwhile, apartment completions increased by 64 percent in the second quarter in the top 30 metros, reports Marcus & Millichap.
ON DEMAND WEBCAST: Unlocking the Value of Utility Analytics, Benchmarking and Big Data
As utility expenses rise, your organization’s bottom line is probably feeling the squeeze like never before. Even though you may have a good utility recovery program, now is a good time to optimize your upfront utility consumption and spend. A recording of the webcast, “Unlocking the Value of Utility Analytics, Benchmarking, and Big Data,” will take you through the basics of benchmarking using utility data, how to review and understand the information, how to identify opportunities, and determine actions that may need to be taken at your property or portfolio to ensure optimization. Topics include: • What is benchmarking? •…
TODAY’S DEALS: Johnson Capital’s Dallas Office Arranges $11.72M Loan for Property Acquisition
Johnson Capital secures $11.72 million for acquisition financing for a property in Austin; and BMC Capital provides a $3.8 million loan for a 154-unit property
Join Us for a Free Webinar: How to Benchmark and Optimize Your Utility Bills
Join us for a webcast to obtain detailed instructions on how to benchmark and optimize your utility expenses.
Development Projects Keep Related of Florida Busy
The Related Group’s current apartment developments include the following: Pierhouse Construction complete, and the project is in lease up. Pierhouse is a 356 unit apartment development which will be constructed in four four-story stick frame buildings with 4,800 leasable square feet of retail and will be parked by two separate four story precast concrete parking garages. The project will have six unit types, which includes 33 studios, 186 one bedrooms and 133 two bedrooms. The project is designed by MSA Architects and includes an expansive pool/sun deck area, unique Urban Pathway, gym, spa, event meeting/dining room, a double-height club lounge…