Business Specialties

Perspective: The Military Housing Privatization Initiative is at Risk

Federal budget cuts could reduce housing allowances for military personnel, affecting apartment firms with boots on the ground in those communities.

Cozy Up to the Newest Fireplace Trends

On a day like today, it would sure be nice to curl up next to a fireplace with a warm drink after work. The community fireplace, both indoors and out, is a tried and true crowd pleaser when it comes to amenities.

First Post-Recession Condo Underway on Miami’s Brickell Avenue

Rilea Group is bringing Brickell Avenue something it hasn’t seen since the economic downturn: a new condo development. The Bond on Brickell, a 44-story luxury community, is expected to open in early 2016.

TODAY’S DEALS: Waterton Picks Up 300 Units in Plano

Waterton Associates grabs a 1999-built asset in Plano, Texas; HFF arranges the sale of a $31.6 million loan secured by a trio of Michigan apartment communities; and NorthMarq secures $10 million for a North Carolina asset.

MHN Interview: Steven South, IIDA, LEED AP, Resident Futurist at Perkins+Will

Perkins+Will’s resident futurist keeps an eye on augmented reality and other emerging trends

The Mark Co. Takes on Branding of San Francisco Shipyard and Candlestick Point

Lennar Urban has tapped The Mark Company in the residential branding and design of San Francisco Shipyard and Candlestick Point, the city’s largest redevelopment effort since the 1906 earthquake and fire.

Trade Street Residential Pays $44M for Memphis Luxury Apartments

Florida-based Trade Street Residential Inc. has announced the acquisition of the 330-unit Miller Creek at Germantown luxury apartment community for $43.8 million from LIV Development LLC—formerly known as Red Mountain Development.

LandSouth Construction Begins Projects in Tennessee, Florida

LandSouth Construction, a general contractor that focuses on multifamily developments, has begun building two new projects. They are Integra Preserve, an upscale apartment community in Collegedale, Tenn.; and American House, a senior living community in Bonita Springs, Fla.

Development & Design: Trends

MHN takes a look ahead at next-generation apartment features that renters will demand.

Public-Private Partnership Brings 878 Student Housing Beds and 110KSF Office Building to Columbia

Student housing continues to enjoy an upswing in South Carolina, with Columbia being at the foremost of student housing activity. And a new public-private partnership between the University of South Carolina (USC) and Atlanta-based Holder Properties will spice things further up.