Business Specialties
MHN Interview: How Apartment Communities are Raising Money for Breast Cancer Research
The Cure Breast Cancer Foundation, a Clifton, N.J.-based organization, is now in the fourth year of its Lease for a Cure program. MHN talks to Andrew Abramson, treasurer and co-founder, and Lindsay Brook Weiss, director of events and special projects, about how apartment communities can help raise money for breast cancer research.
TODAY’S DEALS: NorthMarq Arranges $32M for California Construction
NorthMarq arranges construction financing for a JV development; Korman Communities sells a 124-unit community with help from HFF; and Crescent Communities buys two acres for a TOD development in Orlando.
SPECIAL REPORT: Key Advice for Underwriting Apartment Properties
When acquiring apartments, be skeptical of any and all statistics that are provided to you. That was one piece of advice given to the audience during an educational session at the National Apartment Association 2013 Education Conference and Exposition.
American Society of Radiologic of Technologists Debuts $8.5M Expansion
In October 2011, The American Society of Radiologic Technologists was announcing the incipient stages of renovation of its Albuquerque office. The construction project included the addition of 30,000 square feet to the existing building.
Gerber Expands Ultra Flush Toilet Offering with 1.28 gpf Model
Upgrading to high efficiency toilets is the easiest way to put a major dent in community water use. This is especially true for older properties that might still employ units that use up to 3.5 gallons per flush.
Houston Astrodome Named One of the Most Endangered Historic Places in the U.S.
Once referred to as ‘the Eighth Wonder of the World’, the Houston Astrodome now finds itself in desperate need of a viable reuse plan in order to avoid demolition.
Minneapolis City Council Green-Lights Value Capture District for Nicollet-Central Streetcar Line
Initial approval has been given by the Minneapolis City Council to redirect up to $60 million in property taxes to help pay for a streetcar line which would run along Nicollet and Central Avenues.
New Cambria Suites Hotel Coming to Plano
Plano’s population was estimated to be 272,068 in 2012, an increase of 4.7% since the 2010 census, according to the U.S. Census bureau. The area is home to some of the best rated employers in the country, including Alliance Data, Cinemark Theatres, Dell Services, Dr. Pepper Snapple Group, Ericsson, Frito-Lay, HP Enterprise Services, Huawei, J. C. Penney, Pizza Hut, Rent-A-Center, Traxxas, and Siemens PLM Software.
Sheraton Orlando North Acquisition Marks Sixth Acquisition for Waramaug, Interstate JV
Waramaug Hospitality and Interstate Hotels & Resorts have recently closed on the purchase of their sixth property as joint venture partners, the Sheraton Orlando North Hotel.
Miami Still King to International Homebuyers
Although foreign buyers seem to be slightly less interested in Miami properties compared to the year before, Miami retains its spot as the most sought-after destination by international home buyers.