Business Specialties

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.

LG Hausys Helps Syracuse University’s Project Go Green

Syracuse, N.Y.–LG Hausys Surfaces has made its green mark on Ernie Davis Hall, Syracuse University’s new mixed-use student housing development.

DEAL OF THE DAY: Mesa West Supplies $12.5M through its Fund for Acquisition and Lease Up of New Multifamily Property

Woodinville, Wash.–Mesa West Capital has provided an affiliate of Pacific Property Co. and JP Morgan Investment Management with $12.5 million in first mortgage financing.

Video Interview with Joseph Batdorf, President, J Turner Research

Editor-in-Chief Diana Mosher interviews Joseph Batdorf, President of J Turner Research, about resident usage of apartment community social networking sites.

Jersey City Condo Development Bucks Sluggish Sales Trend by Selling

Jersey City, N.J.–Summer has traditionally been a slow sales season for condos

NFHA Teams Up on Housing Discrimination Lawsuit Against SC Bodner and MBA Construction

Washington, D.C.–It is alleged that defendants violated the Fair Housing Act by neglecting to make apartments with accessible features available.

Jersey City Condo Development Bucks Sluggish Sales Trend by Selling

Jersey City, N.J.–Summer has traditionally been a slow sales season for condos

Mid-America Apartment Communities Launches Mobile-Friendly Websites

Memphis, Tenn.–Mid-America Apartment Communities has launched mobile-friendly websites to make apartment hunting easier and more convenient.