Business Specialties
Related Midwest’s 500 Lake Shore Drives Certified LEED Gold
Related Midwest has announced that its 47-story luxury apartment tower 500 Lake Shore Drive has earned the United States Green Building Council’s LEED Gold Certification for its efforts in sustainable design and construction.
TODAY’S DEALS: Pegasus Investments Closes $7.4M Denver Multifamily Buy
Pegasus Investments closes a $7.4 million Denver buy on behalf of a high net worth family; Pathfinder Partners wraps up an opportunistic play with a $1.9 million sale in Pheonix; and NorthMarq Capital completes three multifamily transactions totaling $58.1 million on behalf of one borrower.
Urban Garden Unveiled at Rehabilitated Affordable Housing Buildings in Bronx
The New York City Department of Environmental Protection, Workforce Housing Group, Grow NYC, Banana Kelly Community Improvement Association, the Department of Housing Preservation and Development and other partners recently unveiled Kelly Street Green urban garden, which marked the final component of an extensive rehabilitation of five Bronx buildings.
i-lighting Offers Easy to Install and Nearly Invisible LED Lighting
A new series of LED lighting from i-lighting™ offers an easy-to-install and nearly invisible solution for under cabinet and under railing lighting.
APARTMENT MARKET STATISTICS: June 2014
Multifamily housing starts fell for the third consecutive month in February 2014, according to the National Association of Home Builders (NAHB).
TODAY’S DEALS: Balfour Beatty, Texas A&M Close $104M for 1,274-Bed Development
Balfour Beatty and Texas A&M kick off a public-private partnership development; Virtú Investments buys 112 units in Colorado; and Eastern Consolidated markets a development site in Long Island City, N.Y.
McKinley Appointed Asset Manager for 2,772 Bed Purpose-Built Studen Housing Community
McKinley announced it has been retained as Asset Manager for Chandler Crossings located in East Lansing, Mich., serving the Michigan State University campus.
Stone Veneer Offers New Inspiration for Multifamily Developers
Stone is a key design element that breaks up the monolithic look while also minimizing mass.
Lash Group Plans to Locate New, 250,000-Sq.-Ft., Headquarters in Charlotte Metro
AmerisourceBergen Corporation subsidiary Lash Group, Inc. has announced plans to develop a new national headquarters to accommodate rapid growth and consolidate operations currently divided into several locations.
MBK Rental Living Breaks Ground on Upscale San Diego Community
MBK Rental Living has announced that it has broken ground on its first project, Ocean Air Apartment Homes at Torrey Hills, in the northern San Diego neighborhood of Torrey Hills. The high-end community will include 100 for-lease townhomes and flats on a 4.6 acre parcel.