$158M Luxury Condos in Brisbane Selling at Fast Pace
Newstead Towers, the 314-unit condo project set to break ground in 2014’s fourth quarter in Brisbane’s inner-city has reached the AUD 100 million (USD 93 million) sales mark within four weeks of its launch, according to appointed builder Brookfield Multiplex.
TODAY’S DEALS: Harbor Group Buys 568 Units in CBRE-brokered Sale
CBRE’s New York Institutional Group brokers a two-property Connecticut sale; Grandbridge brokers $24.5 million Miami rental apartment construction financing; and The Bascom Group closes the first acquisition under its new private capital program.
IWBI Launches Peer Review Process for the WELL Building Standard
The International Well Building Institute (IWBI) today launched a peer review process for the WELL Building Standard®.
Phifer Quick Shade Offers Protection, Privacy for Apartment Balconies
While balconies and porches can provide a great extension of indoor living spaces, they can leave little to the imagination in the way of privacy. Phifer has a nifty and easy-to-install solution with their Quick Shade Screen, which provides refuge from the sun and nosy neighbors.
Selling Condo Hotels
New SEC regulations facilitate the sale of condominium hotel units.
NWP Joins the Expanding MRI Partner Connect Network
NWP Services Corporation, a nationwide leader in resident utility billing, energy management and submetering services to the multifamily industry focusing on optimizing their clients’ utility spend, is the latest addition to the prestigious MRI Partner Connect program.
Avison Young Secures Major Investment in Germany on Behalf of Canadian Pension Funds, Inaugurates Asset-Management Mandate Outside North America
Avison Young, a Toronto-based commercial real estate services firm has recently advised two Canadian pension funds in the acquisition and financing of a mixed-use, two-building complex in Cologne, Germany.
All Star Developer: Multifamily Marketer Kate Good Writes a New Chapter
MHN interview with apartment marketing expert and developer Kate Good
Brookfield Multiplex Builds $111M Residential Tower in Surfers Paradise
Brookfield Multiplex has announced securing the building contract for a $111 million (AUD 120 million) residential high-rise in Surfers Paradise, Australia.
Development & Design: What’s ‘New’ in New Urbanism
While New Urbanist developments are not the only types of multi-housing projects that are being built today, the movement’s precepts have swept the industry over the past 20 years or more, and become common wisdom among multifamily developers, big and small alike.