Business Specialties
FS Energy Adds New Director of Information
FS Energy, an independent provider of comprehensive energy solutions for multifamily residential properties, and a subsidiary of FirstService Corporation, has hired Aaron Mehta as director of energy information.
Victorian Factory Becomes Green Apartments
The Abbot Mill renovation in Forge Village of Westford, Mass., has been completed. Originally built in 1870 and long a part of the industrial history of Massachusetts, the property now includes 131 residential units, 13 of which are affordable housing.
Terra Group Plans for New Residential Towers in Coconut Grove
Terra Group, a Miami-based real estate development company, is planning to build Grove at Grand Bay, two luxury towers nestled in Coconut Grove comprising 96 units. The residential buildings are expected to be certified LEED Silver.
PROFILE: Conix Inc.
In its search for distressed properties, Conix Inc. may have a special tool that may not be at the disposal of many other market players.
Twin City Multifamily on a Roll
Apartment rents in the Twin Cities have reached record highs, according to the latest report on the market by investment specialist Marcus & Millichap.
California Struggles with $1.7 Billion Loss in Redevelopment Funding
While this event may have been a blip on the screens of national developers, caution is in order for the multi-housing industry as a whole. Redevelopment agencies have been abolished in California, and it’s not a trend developers would like to see spread to the other 48 states.
IREM Report Confirms Strong Metrics for Apartments
The recently released 2012 edition of “Income/Expense Analysis: Conventional Apartments,” published by the Institute of Real Estate Management, confirms the conventional wisdom among the apartment industry. Namely, it’s bonanza time for landlords.
Are You Taking the Necessary Steps to Fully Protect Your Properties, Your Community and Your Students?
Don’t let your student housing property fall victim to on-property offenses by improperly screened residents or inadequate security measures.
Advenir Enters Orlando Market With $27.1 Million Apartment Community Purchase
Advenir, a provider of multifamily real estate investment and management services, purchased a 308-unit community located in the upscale Waterford Lakes submarket of Orlando for $27.1 million and rebranded it as Advenir at Polos East.
Landscape Your Way to Higher Occupancy
As property owners and managers compete for tenants in an unsteady economy, the importance of first impressions cannot be overlooked. Curb appeal is now more important than ever. A property that shows well from the street can help increase rents, tenant retention rates and asset values.