Business Specialties

NY Condo, Co-Op Owners Face Escalating Charges in 2011

New York–A new report by Cooper Square Realty Inc. contains some unpleasant news for condo-unit owners and co-op shareholders in the city.

Seniors and Affordable Green Multifamily Projects under Way in Chicago

Chicago–Ground has been broken for the New Admiral at the Lake, a 31-story life-care/continuing-care retirement community on the North Side of Chicago.

Gimme Shelter with Daniel Gehman: Sounds Crazy, but It Just Might Work

Like almost every other facet of development, the protracted process of obtaining project approval is not for beginners or the faint of heart.

Impediments of Aging Affordable Housing

Industry experts face up to the issues presented by the nation’s older stock of affordable housing.

Multifamily Industry Expects Strong 2011

Investor interest in multifamily properties has been on a roll in 2010, and a JLL survey predicts that momentum isn’t going to slow down next year.

Property Management Projections for 2011

Armed with lessons learned from the downturn, the industry moves forward in 2011.

Shadow Inventory Experiences 10 Percent Year-over-Year Increase

Santa Ana, Calif.–Residential shadow inventory rose 10 percent from August 2009 to August 2010, according to new statistics released by property information services provider CoreLogic.

DEAL OF THE DAY: Colliers Represents Hamilton Zanze in $9.7M Sale

Mesa, Ariz.–Colliers International-Greater Phoenix negotiated the sale of Sorrento Apartments, a 226-unit multifamily property located at 901 South Dobson Road in Mesa, Ariz., for $9.7 million or $42,920 per unit.

Chicago’s Marina City Marks 50 Years as Sustainable Icon

Chicago–Marina City, a mixed-use property that includes two “corncob” residential towers that are iconic to the city’s skyline, celebrated the 50th anniversary of its groundbreaking this week.

Video Interview with Jeffrey Perlman

Multi-Housing News interviews Jeffrey Perlman, LEED AP, president & founder of Bright Power Inc. and co-founder of EnergyScoreCards. He discusses his impressions of the 2010 Greenbuild International Conference and Expo, as well as why benchmarking multifamily communities is so challenging–and how EnergyScoreCards can help.