Business Specialties
Plans Unveiled for $42M Waters Edge Resort on Bear Lake
By Alex Girda, Associate Editor The developers of the Waters Edge Resort have unveiled their plans for their $42 million project adjacent to Bear Lake. The project will include a hotel, as well as retail and business space, but also a residential component in the form of condominium units. Waters Edge Resort will capitalize on […]
Cali Bamboo Introduces First Composite Deck Made from Bamboo
Cali Bamboo has upped the bar for composite decks with its new BamDeck Composite Bamboo Decking. The resilient material features 60 percent recycled bamboo fiber and 40 percent recycled ‘number 2’ plastics from bottles, laundry detergent containers, plastic bags and water pipes.
Foolproof Your Disaster Plan
Redundancy and back-up of data are critical to access rent rolls and contact information.
Strong Market Challenges
Multifamily remains the best-financed commercial real estate sector, but expect hurdles in acquisition/rehab financing.
Upbeat Assessment in Ariel Property Advisors’ Q2 Report
Ariel Property Advisors’ second quarter multifamily report indicates New York City multifamily transactions increased 48 percent in the second quarter of 2012, vis-à-vis the same period one year earlier.
TODAY’S DEALS: HFO Completes $23M in Pacific Northwest Sales
HFO completes five sales; and Beech Street closes a $14.2 million Fannie Mae DUS loan to refinance a four-property portfolio in Brooklyn, N.Y.
Boston Apartment Market Sees Mixed 2Q Rental Rate Movements
A subsidiary of Zillow, RentJuice, reports that average asking apartment rents climbed by 4 percent in the Boston metro area in the second quarter of 2012, those same neighborhoods saw the effective cost of rental space drop.