American Standard Adds Decorative Style to High Efficiency Toilet Line
American Standard has added two new decorative tanks to its Chamption high-efficiency toilet line that achieve 1.28 gallons per flush.
Brookline Investment Group Acquires 236-Unit Multifamily Community in Durham for $23.6M; Investcorp Pays $84M for RTP’s Meridian Business Campus
Brookline Investment Group of Aliso Viejo, California is now the new owner of the newly renovated Yorktown Club apartment community in Durham.
AUM Predicts Higher Natural Gas Prices will Impact Multifamily
A report published last week by AUM, prepared by that company’s chief energy office Dimitris Kapsis, notes that natural gas prices have been creeping up recently—atypical for the late summer—and posits that now is the time for major users of natural gas (such as owners of multifamily portfolio) to lock in prices.
Local Content is Key, According to New Guide Released by For Rent Media Solutions and Homes.com
For Rent Media Solutions™ and Homes.com® have released the “Rise to the Top: Be the Local Expert” guide to help real estate and multifamily professionals better understand what being a “local expert” in their communities entails.
TODAY’S DEALS: Capital One Multifamily Provides Intercontinental with Acquisition Loans
Capital One Multifamily provides Intercontinental Real Estate with acquisition financing; a partnership between The Dolben Company and Klein Enterprises buys a Maryland asset and begins construction on its second phase; and HFF closes the $38.9 million sale of a property in Miami.
Brookfield Multiplex to Complete Final Stage of Mixed-Use Upper West Side Apartment Project in Melbourne
Global contractor Brookfield Multiplex has been appointed by Far East Consortium to design and build the fourth and final stage of the massive Upper West Side residential and retail development in Melbourne’s CBD.
Duravit USA Announces Second Annual Designer Dream Bath Competition
Following a successful launch in 2013, Duravit USA, Inc. has announced its second annual Designer Dream Bath Competition.
Brookfield Multiplex to Deliver Essential Living’s Helix Twin Tower Apartment Project in London
Essential Living has selected global construction company Brookfield Multiplex to develop the Helix twin tower residential community on the edge of London’s Canary Wharf.
Bathroom Trends
Bathrooms are a place that can be a deal maker or breaker for prospective renters. Some renters want luxurious offerings, others may want functionality or both. MHN has compiled a list of contemporary bathroom products that can make bad bathroom spaces good and good bathroom spaces great.
Singapore’s Interlace Apartment Community Wins CTBUH Urban Habitat Award
By Adrian Maties, Associate Editor Singapore—The Council on Tall Buildings and Urban Habitat (CTBUH), a Chicago-based organization, has announced at the end of June the winner of its first ever Urban Habitat Award for The Interlace, a residential development completed in Singapore late last year. The Interlace was developed by CapitaLand Residential, a leading developer in Asia, and Hotel Properties Limited. The designer was by Ole Scheeren, a former partner of the Rotterdam-based Office for Metropolitan Architecture (OMA). The apartment community covers about 1.8 million square feet of land. It features 1,040 two-, three- and four-bedroom units, as well as…