Business Specialties
CBRE Picked to Market Boynton Beach Rental Property
The CBRE Capital Markets and Institutional Multifamily Group has been chosen as exclusive marketing advisor for the La Costa lakefront apartment community in Boynton Beach, Fla.
SPECIAL REPORT: Lowest Cap Rates in History, Global Liquidity, Raise Fears of U.S. Commercial Property Inflation
The flood of liquidity worldwide is leading to an increase in commercial real estate values, noted Ken Rosen, chairman of the Rosen Consulting Group. Rosen spoke at a luncheon presentation during the 2014 CREW Network Convention & Marketplace this week in Miami.
Economy Watch: Economy Adds 248K Jobs in September
According to the Bureau of Labor Statistics, the U.S. economy created 248,000 jobs in September, well beyond the gains of the last 12 months, which have averaged 213,000 per month.
ASB Buys Sustainable Apartments in Boston
ASB Real Estate Investments has acquired the Element, a recently constructed 100-unit apartment building that’s part of the Green District, a sustainable residential community in Boston’s Allston-Brighton neighborhood.
TODAY’S DEALS: Arbor Finances $128.9M in National Multifamily Deals
Arbor Commercial Funding details 14 recent transactions totaling $128.9 million; and SVN Chicago Commercial sells a 34-unit portfolio for $2.3 million.
Economy Watch: Case-Shiller Reports Home Prices Rising Slowly
The latest S&P/Case-Shiller Home Price Indices, which were released by S&P Dow Jones Indices, show a continuing slowdown in U.S. home price increases.
What Renters Want with Jessica Fiur: The Simpsons, Family Guy and Multifamily Community Outreach
The Simpsons and Family Guy recently had a crossover episode. Apartment communities could also “crossover.”
Condo Conversion of Federalist Era Mansion Nearly Complete
Pre-sales for condominiums in The Maples, a Federalist Era Washington, D.C., mansion originally built by William Mayne Duncanson, have reached 70 percent according to the property’s exclusive sales and marketing firm, Urban Pace.
The Judges Speak: Nancy Ruddy, CetraRuddy
Nancy Ruddy, founding principal of architecture and interior design firm CetraRuddy, gives her takeaways from the 2014 MHN Excellence Awards submissions. While Ruddy was happy to see the quality of architecture and design improve within the affordable sector, she questions the trend of highly amenitized student housing.
Growth Markets for 2015: Upstate New York
Secondary cities in the South and Northwest grab the headlines, but upstate New York is beginning to be recognized for stable recovery and urban reinvention.