Business Specialties

Incentives Aim to Green Up New York, Reduce Operating Costs for Building Owners

A recent study found that 75 percent of greenhouse gasses in New York City are being generated by buildings, a majority of which are multifamily residential buildings. The alarming figures have prompted companies to develop programs that incentivize green upgrades in an effort to entice multifamily building owners to curb emissions.

KW PROPERTY MANAGEMENT & CONSULTING Hires District Manager to Its Growing Team

KW PROPERTY MANAGEMENT & CONSULTING announced that Jeffrey Cohen has joined its growing New York City regional office as district manager.

Crescent Communities Breaks Ground on Crescent Gateway

Crescent Communities has announced the ground breaking on its latest Orlando, Fla.-area luxury community, Crescent Gateway. The project, which is expected to complete in summer 2015, represents the first phase of the 80-acre Gateway development in the Orlando suburb of Altamonte Spring, Fla.

TODAY’S DEALS: Hamilton Zanze Sells 292-Units in Colorado Springs

ARA brokers a $40.5 million sale in Colorado; HFF arranges construction financing and joint venture equity for a mixed-use office and residential development in Houston; and Walker & Dunlop provides a three-year, cash-out, bridge loan for an assisted living facility.

Carnegie and Creation Baumann Celebrate 40 Year Partnership

Textile manufacturer Carnegie and Swiss textile innovator Creation Baumann celebrate 40 years of design excellence.

Selling Condo Hotels

New SEC regulations facilitate the sale of condominium hotel units.

IAC Breaks Ground on Mixed-Use Student Housing Project in Midtown Atlanta

Dallas-based student housing developer and manager Inland American Communities Group has broken ground on a 706-bed mixed-use community adjacent to the northeastern edge of the Georgia Institute of Technology campus in Midtown Atlanta.

Multifamily Surge Propels Housing Starts Over 1 Million Mark in April, Says NAHB

Soaring production of multifamily apartments pushed nationwide housing starts above the million-unit mark in April, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Infographic: Construction Industry on the Rise

A look at the most profitable areas in the private sector for 2014.