Development
Special Report: NMHC/Kingsley Resident Lifestyle Survey Yields Unexpected Findings
The results of the NMHC/Kingsley Apartment Resident Lifestyle Super Survey delivered some surprises.
Multiple Partners Unveil HANAC-PCA Senior Residence in Queens
Multiple federal and state government agencies, along with members of non-profit organizations, politicians and residents celebrated the grand opening of HANAC-PCA Senior Residences Friday in the Astoria section of Queens, N.Y.
D.C. Landmark The Maples Moves to Phase Two of Development
Urban Pace has announced that the renovation of the Altus Realty Partners community, The Maples, a Federalist Era Washington, D.C., mansion that is being repurposed into condominiums, has moved into the second phase of development and has targeted completion for the project for the final quarter of 2014.
Steadfast Acquires Six-Property Portfolio in Houston
Steadfast Income REIT has announced the acquisition of a property portfolio that comprises 1,692 apartment units over six different properties in the Houston area, bringing the REIT’s acquisition total to 57 Communites in 11 Midwestern and Southern states.
WESTliving Plans Construction of Continuum of Care Model Community
California-based WESTliving has announced its plan to build an independent, assisted living and memory care seniors community in an upscale area of South Corona, Calif. in Riverside County.
TODAY’S DEALS: Prudential Provides $114M for AIMCO Development in Boston
AIMCO lands a $114 million construction loan; Steadfast Income REIT makes six-property portfolio acquisition; and Johnson Capital’s Denver office arranges a $7.84 million FHA 223(a)(7) refinance.
Development: Rezoning Los Angeles
This initiative promises positive opportunities including greater neighborhood connectivity.
The Sunshine State is Hot
Most markets in Florida are on an upward trend, if not already at peak.