Business Specialties
TriBridge Residential Opts for Full Yardi Multifamily Solution Stack
Needing a comprehensive technology solution to effectively manage its business operations and provide detailed reporting to investors and clients, TriBridge selected Yardi Voyager ® as its new Software as a Service core property management and accounting system, along with the Yardi Marketing Suite ™ and Yardi Multifamily Suite™.
HFF Arranges Debt Construction Financing, Joint Venture Equity for Class A Community
HFF has announced that it has brokered the debt construction financing and joint venture equity for NOVUS Odenton Station in Odenton, Md. The borrower is NOVUS Residences, which is targeting completion of the Class A, transit-oriented community by early 2015.
The ROI of LED: Why Marnie Abramson Fell in Love with Lighting
Marnie Abramson, M.B.A., M.S., LEED AP, the co-founder of NextGen LED, knows a thing or two about owning and operating green buildings that provide a return on investment. Her family owns The Tower Companies where she served for a number of years as a principal and communications director.
CBRE Group Hired to Market Laketown Wharf
CBRE Group Inc. has been hired to market and sell the interests of ST Residential and its affiliates in Laketown Wharf, a Panama City Beach, Fla., Gulf-view resort property, with 399 units operating as apartments.
Grand Opening Announced for New Waldwick Townhome Community
The K. Hovnanian Homes townhomes development, Farm Estates, has announced that it will soon hold a grand opening celebration at the community’s site in Waldwick, N.J.
MHN Interview: The Michaels Organization on Its New Affordable La. Communities
The Housing Authority of Shreveport, La., and The Michaels Org. recently opened an affordable community called Cypress Landing, and also broke ground on another affordable community called Renaissance at Allendale. MHN talks to The Michaels Org.’s lead developer on these projects, Milt Pratt, about why these apartments are important for the community.
Groundbreaking for Second Trump Plaza Building in Jersey City Expected in June
Developers of Trump Plaza in Jersey City, N.J., are gearing up for the ground breaking on the second tower of Trump Plaza in Jersey City after the city council approved a 5-year tax abatement on the property last week.
Greystar to Manage Student Apartments in Muncie, Ind.
Greystar Student Living will manage Windermere Place Apartments, a 672-bed student housing community in Muncie, Ind.
MHN Interview: Monica Makin, Urban Innovations, Vice President of Acquisitions and Asset Management
In her current position as vice president of acquisitions and asset management for Chicago-based Urban Innovations, Monica Makin is an advocate for expanding affordable housing opportunities for seniors, workforce and low-income residents.
Equus Capital Acquires Raleigh Multifamily Portfolio for $36M; State Denies Raleigh’s $38M Offer for Dorothea Dix Property
Equus Capital Partners, a private equity firm based in Philadelphia, has recently acquired three multifamily properties in Raleigh from a joint venture of Silver Companies and McCann Realty Partners.