Business Specialties
Upper West Side Still Tops Among NY Apartment Seekers
Online searches are now SOP for anyone looking for a rental apartment or a for-sale condo, and according to digital marketing firm Knightsbridge Park, online search patterns offer clues to the state of a market.
TODAY’S DEALS: Walker & Dunlop Provides $278M Credit Facility
Walker & Dunlop secures a credit Facility for Milestone Apartment REIT; Greystone acquires a 228-unit asset in North Carolina; and Oak Grove Capital closes 13 loans totaling $123.4 million over the past month.
Mack Urban, Mill Creek Break Ground on $50M Playhouse District Project
A joint venture between Mack Urban and Mill Creek Development Company, including equity partner Cigna Investment Management, has announced it is breaking ground on a new $50 million, mixed-use, luxury community in the city’s historic neighborhood.
Carnegie Joins Permanent Collection at Smithsonian Cooper-Hewitt National Design Museum
The family-owned textile manufacturer has been going strong since it opened its doors in the 1950s, and now the team has achieved another level of design excellence.
‘What Renters Want’ with Jessica Fiur: A Reminder About the Importance of Community Safety Procedures
In the event of an emergency, does your apartment staff know the procedures to get residents to safety?
Jasper Venture Group to Convert Queens Hospital to Condominiums
New York-based Jasper Venture Group has announced its plans to convert the vacant Parkway Hospital site in Queens’ Forest Hills neighborhood to luxury condominiums. The site features 107,142 square feet and a parking lot.
‘What Renters Want’ with Jessica Fiur: Appealing to Renters Who Are Parents
It’s Mother’s Day this weekend! Speaking of mothers, a lot of your residents are probably parents. So it might be worth it to make your community more kid and baby friendly.
How Southern Land Company Broke Nashville Multifamily Sales Records
Southern Land Company recently rocked the Nashville real estate market with the $95.1 million sale of Elliston 23 Apartments, a mixed-use luxury multifamily development. MHN asked Southern Land Company’s VP of mixed-use development Michael L. McNally, Jr. what the sale means for the company and for the white-hot apartment market of Nashville, TN.
Home Properties Begins Major Energy Upgrade on NJ Property
Home Properties has hired Lapolla Industries Inc. to implement Lapolla’s Multi-Family Energy Savings Program at the REIT’s Jacob Ford Village in Morristown, N.J.
Consultatio Receives $332M Loan for Oceana Bal Harbour Development
Consultatio has secured a $332 million loan from several banks led by HSBC Holdings to move forward with the ultra-luxurious Oceana Bal Harbour development in Miami’s Bal Harbour neighborhood.