Business Specialties
Greystar Adds Elan to Fort Lauderdale’s Downtown District
Stiles Construction has announced the topping off of Elan 16Forty, a 261-unit luxury apartment community in downtown Fort Lauderdale.
Carnegie Unveils a New Showroom Concept in Chicago’s Merchandise Mart
A new Carnegie showroom at the Merchandise Mart will debut for Neocon 2014. Situated on the 10th floor and spanning 1,800 feet this space draws its inspiration from the essence of the Carnegie brand—our love and passion for the creative process.
Building the Right Team
Finding the right employees and putting them in the right positions is the hardest task that apartment management firms and their leaders undertake. It’s also the single most important thing they do, as making poor hires will dramatically impact the success of a real estate investment.
TODAY’S DEALS: WNC Closes $48.5M California LIHTC Fund
WNC closes a 714-unit LIHTC fund in California; NAI Capital brokers a 16-unit sale in West Los Angeles; and Grandbridge Real Estate provides $21.15 million financing for an acquisition.
Huffines Communities Unveils Second Phase of Hebron 121 Station
Multifamily developer Huffines Communities, members of the Denton County Transit Authority and other community members recently celebrated the grand opening of the second phase of the master-planned community Hebron 121 Station.
Mediterranea Introduces Contemporary Dream Series
The new Dream series from Mediterranea is a durable porcelain tile that delivers the wood look while staying true to a contemporary color palette.
Turning Up the Heat on Fair Housing Education
How to prevent discrimination claims at your community.
Hell’s Kitchen Boutique Rental and Hotel is Now Open
Douglas Elliman Development Marketing has announced that leasing has started at the new 12-story Cassa Hotel and Residences in the Hell’s Kitchen neighborhood of New York.
TODAY’S DEALS: Morgan Properties, The Olayan Group Buy $309M Apartment Portfolio
Morgan Properties and The Olayan Group buy 2,671 apartments in the Maryland and Virginia suburbs of Washington, D.C.; The Richman Group acquires a Florida development site for a 417-unit community; and NorthMarq Capital secures $32 million for multifamily properties.
RMK Management Welcomes First Residents to 73 East Lake Luxury Apartments
Chicago—RMK Management has announced that residents have started moving into the 42-story, M & R Development apartment building in Chicago’s Loop. The luxury building is the first new-construction apartment tower to open in 2014 and M & R’s first luxury apartment tower to open in Chicago since 2010.