Business Specialties
LEI Expands Presence in NC
The company has acquired a three-building property that is located near employment and retail centers.
Property Tour: Century West Partners K2LA
Floorplans and amenity spaces at this Koreatown apartment community are designed with residents in mind.
LIHTC Properties Continue Strong Performance
The LIHTC program, which turns 30 in 2016, continues to deliver strong results for tax credit housing investors, a new study shows.
EdR to Bring New Student Housing to Michigan State and Texas State
As part of a joint venture, EdR will create two new student housing communities.
Renters Rate Pet Friendly Apartments
MHN and Kingsley associates ask renters how they feel about pets in their community.
Crescent Communities Plans Mixed-Use Development in Charlotte
Crescent’s Stonewall Station TOD mixed-use project will feature 459 luxury apartments and a 47,000-square-foot Whole Foods Market.
Carter’s Proposed High-Rise Receives Construction Loan
PCCP announced it has provided construction financing to Carter for the development of a 23-story residential tower in downtown Tampa.
Bidding Starts for Vacant Cabrini-Green Site in Chicago
Windy City officials have put out an RFP for the redevelopment of the derelict Cabrini-Green site in Chicago’s Near North Side.
Government, Kent State Reach Settlement in Therapeutic Support Animals in Student Housing Case
Washington, D.C.—The U.S. Department of Justice and Kent State University have reached a $145,000 settlement over claims of discrimination under the Fair Housing Act. As part of the settlement, Kent State agreed to pay $100,000 to two former students denied to keep emotional support dogs in their university apartments; $30,000 to the fair housing organization that advocated on behalf of them; and $15,000 to the United States. The university also agreed to adopt a housing policy allowing students with psychological disabilities to keep therapeutic support animals in university housing. The settlement agreement is currently awaiting court approval. In 2014, DOJ…
Acquisition Appetite Grows in Austin
JLL closed the sale of two Austin multifamily properties, Wildwood and Club Creek , on behalf of Lynd Co., and secured $27.8 million in acquisition financing.