Business Specialties

NYC Property Tax Policies Favor Homeowners Over Renters, Report Finds

Owners of New York City’s large rental apartment buildings shoulder a disproportionate share of the city’s overall property tax burden, due to the fact they are subject to a higher effective property tax rate than owners of one- to three-bedroom homes.

MHN Interview: Tonya Clark, CPM, Regional Manager, Housing Management, Housing Opportunities Commission


MHN interviews Tonya Clark, CPM, regional manager, Housing Management, Housing Opportunities Commission.

TODAY'S DEALS: Berkeley Point Provides $22.7M for Alabama Acquisition

Berkeley Point lands a $22.7 million acquisition loan for a property in Alabama; Holliday Fenoglio Fowler lands a large marketing contract in Chicago; and Grandbridge Real Estate Capital closes on a $61.8 million Fannie Mae acquisition financing.

141 Affordable Apartment Units to be Renovated in Connecticut

Related Affordable, a division of Related Companies, has announced that it will provide $3.7 million in renovations and upgrades for 141 affordable units in the River Run Apartments community.

MHN Interview: Melissa Prandi, MPM, President and CEO, Prandi Property Management

MHN interviews Melissa Prandi, MPM, president and CEO of Prandi Property Management, which is located in San Rafael, Calif.

J Turner Research Launches Facebook App to Aid Online Reputation Management and Community Marketing

J Turner Research, a multifamily marketing research firm, announced the company’s new Facebook application, which utilizes actual resident feedback to populate online ratings and reviews, promote a positive online reputation and enhance the community’s digital marketing strategies.

Old Mervyns’ Site in Hayward Eyed for Multi-Family Project

By Alex Girda, Associate Editor A long-vacant department store in Hayward is on the radar of a developer that wants to transform its site into an upscale residential property, but the plan could be in for some choppy sailing. Closed since 2008, the 335,000-square-foot Mervyns on Foothill Blvd. would be demolished to make way for […]

What's Your Apartment Breaking Point?

Is there a seemingly small thing, which really isn’t a big deal in the scheme of things, that makes you seriously reconsider apartment living?

Solomon Purchases Two Rental Properties with Much in Common

Solomon Organization recently purchased two luxury rental communities, one in Lancaster, Pa., and the other in Pleasant Valley, N.Y., and will immediately begin to upgrade the communities’ apartments, landscaping and common areas.

New Community Design Evokes Resort Feel

NMS, a Los Angeles-based development company, has started construction on a $50 million multifamily community at La Cienega Boulevard in Beverly Hills, Calif.