Business Specialties
Architect Forms New NY Firm, Works on Multifamily
Martin Kapell, until recently a partner at WASA/Studio A, has formed a new architecture firm in Hudson Square in Lower Manhattan: think! architecture and design.
Aria Completes DC Apartment Renovation
Aria Development Group completed renovation on The Bond, making it into an 83-unit apartment community in Washington’s West End neighborhood.
New Boston Fund and Asian Community Development Corp. Kick Off Construction on 362-Unit Mixed-Income Community
New Boston Fund Inc. and the Asian Community Development Corporation have announced the closing of financing and the beginning of construction on the mixed-income community One Greenway, located on Hudson Street in Boston’s Chinatown neighborhood.
QR Capital Acquires Atlanta Apartments
QR Capital has acquired Collier Ridge Apartments, a 300-unit property in Atlanta. Located at 2121 Defoors Ferry Rd. NW, the property is on 39 acres and comprises 49 residential buildings that are about 94 percent occupied. The community was originally built in 1980.
TODAY’S DEALS: Alliance Residential JV Completes $160M Apartment Acquisition
JLL arranges a 549-unit sale in Coronado, Calif.; Capstone Real Estate Services lands a 10-property management gig; and Grandbridge finances a $27.8 million construction/permanent loan for the development of a seniors housing property.
Related Unveils Final South Loop Luxury Collection Building, Adler Place
Related Midwest has unveiled its 32-story Adler Place condo community in Chicago’s South Loop neighborhood, marking the last of three communities to be re-launched in the developer’s previously stalled South Loop Luxury by Related collection.
Green Badger App Makes LEED Documentation a Breeze
Keeping track of LEED construction credits is no easy task. While LEED v4 aims to improve the process, there is still a host of associated complexities that remain. Green Badger is here to help.
Terra’s Miami Beach Glass Tower Nearly Sells-Out Prior to Ground Breaking
Miami-based Terra Group has announced that it has broken ground on its 18-story condominium tower, Glass, and has already sold seven of the 10 full-floor residences. The tower was designed by famed Miami architect Rene Gonzalez.
Obama Administration Expands Better Buildings Challenge to Multifamily Housing, Launches New Programs to Boost U.S. Energy Efficiency
Building on $2 billion in financing commitments from the private sector for energy efficiency updates to commercial buildings under the President’s Better Buildings Challenge, the U.S. Departments of Energy and Housing and Urban Development expanded the Challenge to multifamily housing and launched the Better Buildings Accelerators to support state- and local government-led efforts to cut energy waste and eliminate market and technical barriers to greater building efficiency.
The Towbes Group Property Garners SBCGB Certification
The Towbes Group has announced that its Goleta, Calif., community, Encina Meadows, has been awarded green business certification by the Santa Barbara County Green Business office for its efforts in reducing waste, as well as energy and water consumption in the community’s common areas.