AMCAL Receives Over $16 Million in CTCAC Funding
Agoura Hills, Calif.–The California Tax Credit Allocation Committee was awarded nearly $16.3 million to AMCAL Multi-Housing Inc., a builder of affordable and low-income housing. The funding was provided to help build three new communities across California.
Join Us for a Cocktail Party and Announcement of the 2011 Excellence Winners
Join MHN on Sept. 19 at OHM, West Chelsea’s most dynamic multifamily project overlooking the High Line, for a Case Study, “Designing Amenity Spaces that Rock–and Retain–Residents,” followed by our announcement of the winners of the 2011 MHN Excellence Awards, as well as cocktails and hors d’oeuvres on the terrace.
High Unemployment Levels Depress Housing Market
The housing market has made fresh turns downwards recently. The homeownership rate has dropped to 66.4 percent, the level in 1998. It seems recovery in the housing market has not arrived in the first half of this year.
New Paint Tray Gives a Leg Up to Ladder Painting
PaintSmart-Trayz from Keane Corporation are an innovative product that make painting with ladders a much easier ordeal. The hanging tray has a built in paint reservoir and hooks and slots that keep brushes and rollers at hand.
Creating and Expanding New York City’s Neighborhoods
The TF Cornerstone strategy is to understand what makes neighborhoods successful and use this knowledge to push the boundaries of existing neighborhoods.
New York City Residential Market Sees Positive Signs, But Multifamily Foreclosures Increased, Says Report
New York–Like anywhere else, New York has suffered the slings and arrows of the recession and housing slump, but according to the latest report by the Furman Center for Real Estate & Urban Policy, some positive signs emerged last year.
Ariel Property Advisors Launches Landlord Dashboard
Ariel Property Advisors has launched two new web-service tools to better serve its client base, made mostly for investors and property owners.
Apartments Capitalize on the Trend toward Sustainable Development
The rental housing industry stands to benefit from a number of trends, including the increasing emphasis in urban planning and land-use policy to encourage compact development.
Apartments Capitalize on the Trend toward Sustainable Development
The rental housing industry stands to benefit from a number of trends, including the increasing emphasis in urban planning and land-use policy to encourage compact development.
‘The Accidental Economist’ with Jack Kern: NMHC Has Great Parties
I just got back from the National Multi Housing Council’s annual apartment festival, and to tell you the truth, I had a great time. For one thing, I never saw so many ruby slippers on acquisition and development guys, wandering around waiting to click their heels together to end up in Kansas. Apparently off-market and non-core deals are becoming all the rage as yield meets cornfields and the wide-open plains. Being a St. Louis boy (go Cardinal nation), I suppose that it’s only fitting that the Midwest somehow ended up being part of the acquisition binge again. Did I mention…