Development
Special Report: How to Make Mixed-Use Development Work in Neighborhood Revitalization
At the New York State Association for Affordable Housing’s 14th Annual New York State Affordable Housing Conference in New York in the session “Financing Mixed-Use Development,” speakers discussed why mixed-use buildings could be critical to neighborhood revitalization.
Special Report: How Hurricane Sandy Continues to Affect Multifamily
At the New York State Association for Affordable Housing’s 14th Annual New York State Affordable Housing Conference, speakers discussed the effect of Hurricane Sandy and what developers in flood zones should plan for in the future.
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.
Second Lease
Inside the process of adapting former office buildings into high-end multifamily properties.
Special Report: From Concrete to Wetlands—NYC’s Blueway Plan
At a recent presentation in Manhattan called “The East River Blueway Plan,” speakers discussed plans to build a waterfront land area from the Brooklyn Bridge up to 38th Street. This land will act not only as a barrier to protect buildings from future storms and hurricanes, but also as a way to connect communities and encourage waterfront activities such as kayaking and fishing.
TODAY’S DEALS: The Morgan Group Breaks Ground in Fort Lauderdale
The Morgan Group begins a 331-unit asset; Beech Street Capital closes $17 million for a student housing portfolio in Alabama; and HFF closes on the sale of a 207-unit Upper West Side multi-housing property.
MHN Interview: New Issues Affecting Affordable and Market-Rate Development
MHN talks with Orlando Carera, counsel, and Greg Young, a new partner, both in the Real Estate Practice Group of Squire Sanders, about development and investment trends, and their thoughts on how the sequester will affect the multifamily industry.
2013 NMHC 50 Names Nation’s Largest Apartment Owners, Managers
Boston Capital (155,521 units owned) and Greystar Real Estate Partners LLC (198,533 units managed) remained the nation’s largest apartment owner and manager, respectively, for the third consecutive year, according to the National Multi Housing Council’s new 2013 NMHC 50.
TODAY’S DEALS: EdR to Build $46.1M Asset at Duke University
EdR announces plans for development at Duke; UC Funding closes a $12.1 million bridge loan for the acquisition and renovation of a Charlotte asset; and NorthMarq Capital arranges $10.1 million in Freddie Mac acquisition financing.