Business Specialties
New Marketing Team Turns Leasing Around at East Harlem’s 1,230-Unit Riverton Square
New York, N.Y.–Developed in 1944, Riverton Square encompasses 12 buildings stretching from Fifth Avenue to the Harlem River.
The Making of Multifamily LEED Silver in New Jersey
MHN talks to Edward Walters Jr., founder and partner at the Walters Group, about the property and his firm’s further plans for building another multifamily property that will be entirely solar powered.
San Francisco’s Condo Market on Upswing Again After June’s Decline
an Francisco–The economic crisis did not bruise San Francisco as badly as certain other major California cities like Los Angeles and San Diego, so its condominium market has not fared as poorly during the downturn.
Market-Rate Faculty Complex Debuts in Pricey Redwood City
Redwood City, Calif.–Those in the business of education do not earn sky-high salaries, so availability of market-rate housing is a key concern.
Student Apartments Take the Lead in National Building Competition
Chapel Hill, N.C.–The 850 students who live in the Morris Residence Hall in Chapel Hill, N.C., who attend UNC at Chapel Hill, had reason recently to cheer about an announcement from the U.S. Environmental Protection Agency.
Much-Needed Market-Rate Faculty Apartment Complex Debuts in Pricey Redwood City, Calif.
Redwood City, Calif.–Those in the business of education do not earn sky-high salaries, so the availability of market-rate housing, particularly in high-price residential markets, is a key concern.
Spanish-Speaking Apartment Renters Get Mobile Apartment Search Solutions
Norfolk, Va.–For Rent Media Solutions has launched the ParaRentar.com mobile site. ParaRentar.com is a fully-translated Spanish apartment search site. “The ParaRentar.com mobile site caters directly to the Spanish-speaking Hispanic audience,” says Terry Slattery, president of For Rent Media Solutions. “This is the first and only mobile website created with the Hispanic renter in mind. As of June 2010, the ForRent.com mobile site has generated 11 percent of traffic to ForRent.com. We hope to enjoy that same success with ParaRentar.com and the new mobile site.” According to research conducted during a Spring 2010 Pew Internet study, 87 percent of Hispanics own a cell…
MARKET SNAPSHOT: Providence, R.I. Apartments Stabilize, Increase Rents
Providence, R.I.–Despite its 11.5 percent unemployment rate (as of June 2010, according to the U.S. Bureau of Labor Statistics), Providence, R.I.’s apartment market is relatively stable.
Property Tours: The Cammeyer
John B. Gomes, senior vice president of CORE, takes MHN on a tour of The Cammeyer, a 67-unit condo building in New York’s Chelsea Neighborhood.
DEAL OF THE DAY: CBRE Brokers FDIC’s $24.8M Sale of Former Condos to Tax Credit Housing Developer
CB Richard Ellis Group arranged the sale of the Argent, a 96-unit 91,483 square foot mid-rise apartment complex located at 1200 Blair Mill Road in Silver Spring, Md.