Business Specialties
American Standard Adds Decorative Style to High Efficiency Toilet Line
American Standard has added two new decorative tanks to its Chamption high-efficiency toilet line that achieve 1.28 gallons per flush.
TODAY’S DEALS: Cityscape Residential Secures $82M for Three Midwest Developments
Cityscape Residential to build 670 units after securing financing; and Huntington Bank provides $90 million for two Pittsburgh mixed-use projects.
‘What Renters Want’ with Jessica Fiur: 5 Reasons Renting Trumps Owning (As Told by a Former Renter)
There are so many benefits to renting…
LeFrak, Kennedy Wilson Seeking Approval for Planned Hollywood Development
Developers LeFrak and Kennedy Wilson have announced plans for a 410-unit mixed-use high-rise development at the corner of Hollywood Boulevard and La Brea Avenue in Los Angeles.
Crescent Communities Unveils New Luxury Development in Nashville
Crescent Communities has announced the opening of its newest Nashville community, Crescent Cool Springs.
U.S. Mortgage Delinquencies Dropped, According to TransUnion
In its latest mortgage report, financial data specialist TransUnion says that U.S. mortgage delinquencies have dropped for the 10th consecutive quarter to 3.46 percent at the end of the second quarter of 2014. In the third quarter of 2013, the delinquency rate was 4.32 percent.
Brookline Investment Group Acquires 236-Unit Multifamily Community in Durham for $23.6M; Investcorp Pays $84M for RTP’s Meridian Business Campus
Brookline Investment Group of Aliso Viejo, California is now the new owner of the newly renovated Yorktown Club apartment community in Durham.
Building in Boston: Development Trends that Matter to Related Beal
Related Beal, a development company based in Boston and part of The Related Company, recently announced that Kim Sherman Stamler has been promoted to chief operating officer. MHN talks to Sherman Stamler about development trends in Boston and what they mean for Related Beal.
Borrowers Could Face Difficulty Repaying Home Equity Loans
Now that borrowers have to start repaying home equity lines of credits, lenders are fearing a wave of defaults.
APARTMENT MARKET STATISTICS: August 2014
The three-month moving average of multifamily housing starts now exceeds the average recorded between 2000 and 2007, according to the National Association of Home Builders.