MHN TV: Apartment Investment and Development Trends
Robert DeWitt, CEO of The General Investment & Development Companies (GID), gives MHN a thorough rundown on apartment investment and development trends at NMHC’s 2013 Apartment Strategies/Finance Conference in Dallas.
Mattamy to Develop its Biggest U.S. Community on Newly Acquired Land
Mattamy Homes, Canada’s largest homebuilder, plans to introduce its highly-successful master-planned community model to the Orlando market. The company will build its biggest exclusive master-planned community in the US, having recently paid $15 million for the Tapestry property in the City of Kissimmee.
Crescent to Build Scottsdale Quarter’s First Multifamily Project
Glimcher Realty Trust, a retail REIT, and Crescent Communities, a Charlotte-based real estate investment, development and operating company, recently announced plans to break ground on a 275-unit, luxury apartment community in Scottsdale under a joint venture agreement.
MARKET SNAPSHOT: Rent Growth Expected to Stall as Deliveries Ramp Up in Portland
Set to dwindle from its post-recession peak, the Portland, Ore., metro is expecting slight vacancy increases along with a precipitous contraction in rent growth in the coming years.
New York City’s Got Green Game
The NYC Green Infrastructure Plan has information about changes to local codes that will enable building owners to do more with their rooftop spaces. The fact that New York is committed to reducing its carbon footprint is positive news for investors seeking to trade multifamily assets.
How Socially Responsible Are Your Apartment Communities?
Afghanistan is frequently in the headlines, but many Americans know very little about this distant and mysterious land. Connie Duckworth wants to change all that.
Shipping Container Construction: A New Take on Modularity
Three Squared and other developers are using containers, which are built of steel and wood, as the primary framing material for new construction. They are stackable, durable, versatile, widely available and code-friendly.