Business Specialties
‘What Renters Want’ with Jessica Fiur: What Do You Do with Negative Online Apartment Reviews
What do you do if you get negative online reviews about your community? Do you respond to them, or leave them alone?
TODAY’S DEALS: EQR Secures $2.5B Credit Line for Archstone Deal
Equity Residential closes a $2.5 billion credit facility; The Bozzuto Group announces details regarding a D.C. condominium development; and NorthMarq Capital arranges a $16.5 million life company loan.
SoNo Sale in Chicago Closes
SoNo East, a new 22-story apartment tower with ground-floor retail at 840 West Blackhawk St. in Chicago, has traded hands. In 2011, Prudential Real Estate Investors agreed to purchase the property upon completion from Smithfield Properties, and now the deal has been done for an unspecified price.
“The Future of Zone A”: A Panel Discussion on Climate Change Adaptability
As the effects of climate change continue to make themselves known around the globe, New York City has become all too familiar with this new and devastating phenomenon.
TODAY’S DEALS: Related California Breaks Ground on 19-Story L.A. Tower
Related California begins a $120 million project in Los Angeles; NorthMarq arranges $62.09 million in Freddie Mac refi loans for S. Florida properties; and Gingko Residential completes an $8.5 million purchase in Charlotte.
Construction Could Approach 1999 Peak Levels by Year End
The multifamily sector will continue to be the darling of the commercial real estate industry throughout 2013 according to panelists on the “2013 Kick-Off Webinar for Apartment Development” hosted by Humphreys & Partners Architects.
TODAY’S DEALS: Forest City Completes $70.5M Miami Disposition
Forest City sells a $70.5 million asset in southwest Miami; Cassidy Turley secures $85 million in construction financing for a Reston, Va. trophy property; and Encore Multi-Family breaks ground on a $32 million development in Dallas.
MHN Interview: New Trends for The Michaels Development Co.
The Michaels Development Co., part of The Michaels Organization, has announced that Ava Goldman has been named the new president of the company. MHN talks to Goldman about her new role and why she’s focusing on mixed-use developments.
Yo, YotaPhone
The ‘YotaPhone,’ a two-sided smartphone out of Russia, has been a topic of much tech chatter for the past few days.
Shipping Container Construction: A New Take on Modularity
Three Squared and other developers are using containers, which are built of steel and wood, as the primary framing material for new construction. They are stackable, durable, versatile, widely available and code-friendly.