Business Specialties
U.S. Green Building Council LEED-Certified Properties Reach 1B-SF Mark
The Washington, D.C.-based organization just announced that the square footage of commercial projects certified under its LEED Green Building Rating System has exceeded 1 billion square feet around the world.
OneWest Cuts $1.4B Deal With Citi Holdings
OneWest Bank FSB has purchased a $1.4 billion multifamily and commercial real estate loan portfolio from Citibank NA’s Citi Holdings division.
DEAL OF THE DAY: Stalled Condo Project in Scottsdale, Ariz. Sells for $237,800 Per Unit
Scottsdale, Ariz.–Hendricks and Partners brokered the sale of the former condo project Ten Wine Lofts, located at 7126 E. Osborn Road in Scottsdale, Ariz.
How to Design Affordable Small-Lot Housing in Urban Areas
Small-lot infill housing has become more ubiquitous in urban areas such as New York City as developers seek to cash in on trendy older neighborhoods. Architect Carmi Bee describes his development and application of contemporary prototypes for such housing.
‘Foong on Finance’: Will the Deficit Commission Propose to Eliminate the LIHTC Program?
The chairmen of the president’s commission to reduce the federal deficit released their proposals yesterday.
SPECIAL REPORT: Experts Forecast Stronger Market Conditions Despite Weak Job Growth
New York–Companies may finally be feeling comfortable enough again to begin to play a strong role in supporting the economy.
Affordable Housing Architecture Strives for Creativity
Architecture from the New York City-based firms Meltzer/Mandl Architects and RKT&B Architects show that affordable housing design doesn’t have to be boring or unappealing despite budget limitations.
‘Foong on Finance’ with Keat Foong: Republicans May Not be Able to Liquidate Fannie and Freddie
Will apartment property values be affected by uncertainty over the fate of Fannie and Freddie? Alabama’s Spencer Bachus, who is expected to be Barney Frank’s (D-Mass.) replacement as chairman of the House Financial Services Committee, said that the GSEs ought to be liquidated and privatized.
MHN Interview with Galina Tachieva: Add Multi-Housing to Malfunctioning Suburbs
Incorporate multifamily housing into the fabric of malfunctioning suburbs–or the Boomers and Echo Boomers will move out, says Galina Tachieva, partner and director of town planning at Duany Plater-Zyberk & Company (DPZ). Tachieva decribes the ways in which the burden rests on multifamily developers to play a leading role this century in reclaiming the sprawl-marred suburbs.
Maximizing Cash Flow: Tips for Apartment Owners and Managers
Property managers and owners typically spend a significant amount of time minimizing expenses while fighting to attract and retain new tenants in order to maximize cash flow and profit.